[HIGHLIGHTS] Economist calls for major tax reform – VAT madness “only causes damage”

Economist calls for major tax reform – VAT madness “only causes damage”. As of: February 12, 2024, 9:58 p.m By: Lisa Mayerhofer CommentsPressSplit The reduced VAT rate of just seven percent applies to “everyday goods” – i.e.

almost all food. The President of the Munich Ifo Institute, Clemens Fuest, has now called for a complete reform of the sales tax law. Fuest: “Economically, this patchwork of VAT only causes harm”