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Comment by snazz | Hacker News Reader
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snazz
·
It says it will be funded by a 10% VAT.
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Aloha
·
Which is only a couple percent more than existing sales tax
hedora
·
Current sales tax is ~7.5%. Sales + VAT will be 17.5%, right?
dangerboysteve
·
that's how I interpret that.
dbbk
·
For reference, VAT in the UK is 20%
reaperducer
·
Alameda County sales tax is currently 9.75%. So 19.75% with VAT.
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