Screw VAT!

VAT is the acronym for Value Added Tax - We all know that thanks to the media.The government as usual said that they are not going to burden the people. I went in for a battery replacement for my Sonata yesterday and guess what - I was charged 45 bucks when it was just 40 a little over 4 months ago when I got the battery on my other watch replaced (More about my watches in the next post). When asked the owner of the TITAN showroom said one word - "VAT". What kind of a tax is this? These days for every item being sold the prices rose and they say "VAT". Even when I went to the restaurant the other day the bill said "VAT". For whom is it adding "Value" to anyway? The government's coffers? Perhaps. The government wanted VAT to be deducted from the profit margin of the retailers. Why the hell would they cut their profit margins and abide by the government? They promptly pass it on to the purses of the consumers. I dont see any gain to the people except relieving them of the weight in their purses.

For more info:

http://www.revenue.ie/services/tax_info/vatinfo.htm