Article 6WMGP The spat over VAT

The spat over VAT

by
Paddy Hirsch
from NPR: Planet Money on (#6WMGP)
figvat1-94d7ffa29ea66cfa67b61d60a125be92790841af.jpg

If you've ever passed through airport customs overseas and been refunded a VAT - or value added tax - for souvenirs, you've benefited from the VAT system. But President Trump says VAT is unfair to the U.S. On today's episode, we learn what VAT is and what it isn't.

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