• The spat over VAT

  • Apr 15 2025
  • Length: 9 mins
  • Podcast

The spat over VAT

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  • Summary

  • If you've ever passed through airport customs overseas and been refunded a VAT — or value added tax — for souvenirs, you've benefited from the VAT system. But President Trump says VAT is unfair to the U.S. On today's episode, we learn what VAT is and what it isn't.

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