Greece : Right or Wrong to hold Referendum ?

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• (4) Yes,they should have a Referendum
• (4) No, they shouldn't have a Referendum having already had rescue package funds
• (0) Not bothered either way

 

7th Nov 2011 - 6:58pm

Max777Godlike

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GnV wrote:

Well, in France today, the French PM has announced fiscal austerity measures to avoid losing their triple A rating by, amongst other things, raising VAT (known as TVA in France) from 5.5% to 7%.

That's not the Standard Rate of VAT though GNV, which I belive is very similar to the UK's. What is that reduced rate applied to? Is it energy costs, the same as here in the UK?

 

Re: no wars going on ?

7th Nov 2011 - 7:01pm

Max777Godlike

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starlightcouple wrote:

Max777 wrote:





OK Gulson, seeing as how it's elementary fiscal principles......by how much would the USA have to increase its money supply in order to deflate its debt to China? Come on...for once actually try and back up your claims.

i am totaly and utterly lost with that question.

Ah but it should be easypeasy for Gulson, it being simple fiscal principles and all that

 

Re: no wars going on ?

7th Nov 2011 - 7:04pm

Bluefish2009Godlike

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Max777 wrote:

starlightcouple wrote:

Max777 wrote:





OK Gulson, seeing as how it's elementary fiscal principles......by how much would the USA have to increase its money supply in order to deflate its debt to China? Come on...for once actually try and back up your claims.

i am totaly and utterly lost with that question.

Ah but it should be easypeasy for Gulson, it being simple fiscal principles and all that

Is that anything like a fiscfull of Dollars?

Last edited by on 7th Nov 2011 - 7:42pm; edited 1 time in total

 

Re: no wars going on ?

7th Nov 2011 - 7:23pm

Max777Godlike

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Bluefish2009 wrote:

Max777 wrote:

starlightcouple wrote:

Max777 wrote:





OK Gulson, seeing as how it's elementary fiscal principles......by how much would the USA have to increase its money supply in order to deflate its debt to China? Come on...for once actually try and back up your claims.

i am totaly and utterly lost with that question.

Ah but it should be easypeasy for Gulson, it being simple fiscal principles and all that

Is that anything like a fiscfull of Dollars?

As Gulson was talking about inflation, it should be A few Dollars More ( or less, for the pedants)

 

Re: no wars going on ?

7th Nov 2011 - 7:42pm

Bluefish2009Godlike

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Max777 wrote:

Bluefish2009 wrote:

Max777 wrote:

starlightcouple wrote:

Max777 wrote:





OK Gulson, seeing as how it's elementary fiscal principles......by how much would the USA have to increase its money supply in order to deflate its debt to China? Come on...for once actually try and back up your claims.

i am totaly and utterly lost with that question.

Ah but it should be easypeasy for Gulson, it being simple fiscal principles and all that

Is that anything like a fiscfull of Dollars?

As Gulson was talking about inflation, it should be A few Dollars More ( or less, for the pedants)

 

 

7th Nov 2011 - 7:43pm

GnVGodlike

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j'aime la France

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Max777 wrote:

GnV wrote:

Well, in France today, the French PM has announced fiscal austerity measures to avoid losing their triple A rating by, amongst other things, raising VAT (known as TVA in France) from 5.5% to 7%.

That's not the Standard Rate of VAT though GNV, which I belive is very similar to the UK's. What is that reduced rate applied to? Is it energy costs, the same as here in the UK?

French TVA rates here

They don't show the new rates of course but those items on the 5,5% rate are the ones moving up, one presumes.

 

 

7th Nov 2011 - 8:22pm

Max777Godlike

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GnV wrote:

Max777 wrote:

GnV wrote:

Well, in France today, the French PM has announced fiscal austerity measures to avoid losing their triple A rating by, amongst other things, raising VAT (known as TVA in France) from 5.5% to 7%.

That's not the Standard Rate of VAT though GNV, which I belive is very similar to the UK's. What is that reduced rate applied to? Is it energy costs, the same as here in the UK?

French TVA rates here

They don't show the new rates of course but those items on the 5,5% rate are the ones moving up, one presumes.

Cheers GNV......sounds as if it's even a more complex tax over there!

 

 

8th Nov 2011 - 5:54am

GnVGodlike

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Max777 wrote:

Cheers GNV......sounds as if it's even a more complex tax over there!

There are whole armies of functionaries administering the tax system in France; most seem to be semi autonomous in their interpretation of the rules!

But, what would France be without her little foibles eh?

 

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