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The VAT of the Restoration
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Miguel Albuquerque has a curious theory about VAT in the restoration. Curious is nice. According to the President of the Regional Government, lowering VAT in this sector does not serve the consumer and only increases the margin of entrepreneurs. It is a comfortable thesis: high tax is prudence; tax reduction is naivety; prices that do not fall are the fault of entrepreneurs; revenue that goes up is budgetary responsibility. All clean and conveni…
·Funchal, Portugal
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