Comments on: Deri Announces Conditions for Entering into the Coalition

By: About Time

About Time — Sun, 30 Nov 2014 06:28:26 +0000

The past year and half should have been an monumental lesson

to all those who wondered how come the charedim felt the need to be in the gov’t

(Will finally silence all defamers ?
As the last pasuk in this weeks haftorah said..)

By: About Time

About Time — Sun, 30 Nov 2014 06:21:07 +0000

#10 You and your ilk said that a hundred times two years ago

..still awaiting a retraction and an apology

By: BarryLS1

BarryLS1 — Fri, 28 Nov 2014 13:22:55 +0000

All the Chareidi parties will jump at joining a new coalition government. They always have and always will. It always means power and money.

By: anIsraeliYid

anIsraeliYid — Fri, 28 Nov 2014 07:57:53 +0000

akuperma – you’re dead wrong on how VAT works. It is collected at each level as you say, but each level also claims a credit for so-called “input VAT” – the VAT they paid on their inputs. The result is that the amount collected by the government at each stage is the tax on the “value added” at that stage – hence the name “Value Added Tax”.

If there has been VAT collected along the way from the various manufacturers or processors, but the item is ultimately sold in a way where the VAT rate is 0%, the final seller is still entitled to an input VAT credit for all the VAT collected at earlier stages. The only difference is that usually, the final seller collects the full VAT from the purchaser and essentially realizes the credit by only remitting to the government the difference between the input VAT and the VAT collected. Where the final sale is subject to 0% VAT, the vendor generally will get the input VAT back as a cash payment from the taxing authority instead.

And yes, I am certain of this – this is one of the issues I deal with professionally on a daily basis.

anIsraeliYid

By: mistabra

mistabra — Fri, 28 Nov 2014 01:41:02 +0000

akuperma, with all due respect. I run a business in a country with VAT. All charges among the supply chain are ignored because businesses get the VAT they pay credited back. Only the retail consumer ends up paying it. It’s actually a very good system

By: akuperma

akuperma — Thu, 27 Nov 2014 23:24:08 +0000

A VAT is charged when the farmer sells the produce to the manufacturer, and again when the manufacturer sells the processed infredients to a factory, and again when the factory sells to the wholesaler, and again when the wholesaler sells to the retailer, and again when the retailer sells to the customer.

This “tax upon tax” means credits are largely meaningless, and is a major reason why the USA has rejected VATs.

By: About Time

About Time — Thu, 27 Nov 2014 23:08:32 +0000

your same crowd demanded that Yishai step down after the Carmel Fire

By: mistabra

mistabra — Thu, 27 Nov 2014 22:19:07 +0000

Akuperma, as far I know, that’s not true. VAT is charged along the line as you say but credited back as an input credit. So only the retail consumer ends up paying it.

By: Yagel Libi

Yagel Libi — Thu, 27 Nov 2014 21:20:17 +0000

Deri is throwing darts all over the political map in search of something, anything, that will ensure his political future. As to these ‘conditions’ it’s interesting that he never showed any interest in them before, in either action or speech, as either a member of government or in the opposition. He’s just sending up a political balloon to gauge the reaction in the polls. The same can be said for the idea he has floated of a political merger with UTJ. The really fascinating thing is that those two moves would move Sha”s in two very different, even incompatible, directions.

Having said that, for once I agree with Deri. By all means expand 0% VAT (which now applies to fresh produce) to some other basic necessities and raise the shamefully low minimum wage.

By: ebpeuka

ebpeuka — Thu, 27 Nov 2014 21:03:54 +0000

He wrote “Two iron-clad conditions for Shas’ participation in a FUTURE government.”

Shas said they wouldn’t join this coalitiion; they never said they wouldn’t join the next one.