Comments by "looseycanon" (@looseycanon) on "Why Is Denmark So Rich Despite Huge Taxes?" video.

One advantage of VAT or sales tax, you didn't mention, is it taxes all production factors (land, labour and most importantly capital) indiscriminately. Meaning you can't weazle your self out ofthem and they can be simple to collect (especially the sales tax). As a result, you have a good base line taxation and you can use other taxes to regulate, which revenue streams should regulate final prices and provide contributions to, for instance offsetting systems, such as consumption tax on tabbacco, which can be funneled into healthcare to offset increased expenses caused by ilnesses caused by smoking.
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