orangeokie Posted November 30, 2007 Posted November 30, 2007 If you haven't checked out their site lately, I'm impressed, and just registered. Those Alpina spoked wheels are looking alot nicer with no V.A.T.
wheelsucker Posted November 30, 2007 Posted November 30, 2007 If you haven't checked out their site lately, I'm impressed, and just registered. Those Alpina spoked wheels are looking alot nicer with no V.A.T. What is V.A.T.?
Diesel Posted November 30, 2007 Posted November 30, 2007 Those Alpina spoked wheels are looking alot nicer with no V.A.T. Yeah, I gave myself a Christmas present and ordered a set last week.
Richard Posted November 30, 2007 Posted November 30, 2007 What is V.A.T.? Value Added Tax. It's 17.5% added on to items in the UK.
Skeeve Posted November 30, 2007 Posted November 30, 2007 What is V.A.T.? Someone else already responded w/ the acronym explanation, "Value Added Tax" and the %age in the U.K., but that's only part of the story. V.A.T. is like a sales tax on the national level, but it gets worse: because it's calculated & collected at every stage of the product cycle, it has an arithmetically magnified effect in suppression of trade, ie: raw iron ore is shipped to the refiner [VAT collected], pig iron is sold to the foundry [VAT collected], raw castings are supplied to the machine shop [VAT collected], finished parts sold to distributor [VAT collected], shipped to storefront [VAT collected], sold to end user [VAT collected.] So the cost of an item under a 5% VAT can easily be raised more than 30% over that sold in a normal economy. IIRC, the institution of VAT was one overwhelming factor that led to the U.K. economy going into a slump throughout the 70s & 80s, & only after changes were made in how it was collected (ie, reducing it substantially) did the U.K. economy start up again. A national sales tax is one thing, but a true V.A.T. is a recipe for economic demise, since it so favors large, vertically integrated conglomerates. Naturally it is the favored form of taxation by socialists & communists everywhere. Every so often we get some congresscritter proposing instituting a national sales tax/VAT scheme here in the States. Fortunately so far, these idiots generally lose their seat at the next election. O.K., today's econ lesson is over, run off & ride [if you can: it's even raining in So.Cal. today, so I can relate to our friends living in even less hospitable climates...]
DeBenGuzzi Posted November 30, 2007 Posted November 30, 2007 OMG spider pig is on the main page and those Alpinas look the BEE's KNEE's
Paul Minnaert Posted November 30, 2007 Posted November 30, 2007 finished parts sold to distributor [VAT collected], shipped to storefront [VAT collected], sold to end user [VAT collected.] So the cost of an item under a 5% VAT can easily be raised more than 30% over that sold in a normal economy. O.K., today's econ lesson is over, run off & ride [if you can: it's even raining in So.Cal. today, so I can relate to our friends living in even less hospitable climates...] I think you need another lesson. Here calculate 20% vat: Value added tells it all, if I buy raw steel for 10, and pay 2 vat over it, I sell it for double(=20) the customer pays 20+4 vat. I have to pay the governement 4-2 = 2 Because what I pay as company, I get back, and what I collect on vat, I pay them, And my added value was 20-10=10 and so I pay vat over the added price(10), =2.
Skeeve Posted December 1, 2007 Posted December 1, 2007 I think you need another lesson. Here calculate 20% vat: Value added tells it all, if I buy raw steel for 10, and pay 2 vat over it, I sell it for double(=20) the customer pays 20+4 vat. I have to pay the governement 4-2 = 2 Because what I pay as company, I get back, and what I collect on vat, I pay them, And my added value was 20-10=10 and so I pay vat over the added price(10), =2. Net result of all the VATs propagating down the supply chain is that the final consumer pays a huge chunk more for their product as each step in the chain passes the costs of the VAT they paid to their upstream down the line. You left out that you bought the raw steel for 10, had to pay 2 VAT so your cost was 12; you sell it downstream for 24 [typical 50% margin], and so on. The price increases faster w/ VAT than w/o the VAT, even when the only nominal "added value" is distributor markup. It's related to the multiple creation of money when banks can hold fractional reserves... Up until just a little over 100 years ago, all of the U.S. Federal govt's. expenses were met from import duties & excise taxes. Then the income tax was initiated: at first, it was only 2% [that's right two percent!] on incomes of $100,000 or more [that would be equivalent to those making more than $5,000,000/yr today if I recall the conversion correctly; I don't want to take the time to look it up, but it's a huge difference due to inflation.] Now it ranges up to 35%, and those in the middle [making less than the original $100,000/yr, not to mention the equivalent $5,000,000!] pay the brunt of it. Heck, medieval serfs only paid 20% [10% tithe to the Church, 10% to their lord]! And someone wants us to pay VAT on top of this? Screw'em, lets go down and throw their tea in the ocean!
Paul Minnaert Posted December 1, 2007 Posted December 1, 2007 You left out that you bought the raw steel for 10, had to pay 2 VAT so your cost was 12; you sell it downstream for 24 [typical 50% margin], and so on. The price increases faster w/ VAT than w/o the VAT, even when the only nominal "added value" is distributor markup. No that is the point, I buy for 10+2 but get the 2 back from government, because I resell it. so even if the product goes though 10 hands, that each add money, in the end customer price, allways 20% vat is included, all vat down the line gets deducted. Thats why if you buy from rossopuro, you don't pay vat, because when the product comes to US customs, they charge vat.
belgiancentauro Posted December 2, 2007 Posted December 2, 2007 Yeah, I gave myself a Christmas present and ordered a set last week. I have them on my table , had to pay the vat . marc
belgiancentauro Posted December 2, 2007 Posted December 2, 2007 Yeah, I gave myself a Christmas present and ordered a set last week. other side , also with vat.
Paul Minnaert Posted December 2, 2007 Posted December 2, 2007 hi Marc, now what is the weight? When to mount the stuff?
richard100t Posted December 2, 2007 Posted December 2, 2007 I'd really like it if Guzzi Claus left a pair of those rossopuro rearsets under my tree this year! I dont understand about the vat...I bought stuff from RossoPuro years ago & they never charged for vat then. I dont think you've ever had to pay it if you live in the states. Unfortunately we have a de facto broken government tax in the sense that our dollar is now only worth about .75 euro. Either way right now its expensive to buy european products. That doesnt mean that I wont get them though!
Guzzirider Posted December 2, 2007 Posted December 2, 2007 I've been trying to order some items as a Xmas present for Helen but the website is still not functional- you can't buy anything online yet. Guy P.S. Belgiancentauro you are a lucky guy! Please let us know how easy they are to fit, and how they ride- and some fitted pics!
Diesel Posted December 2, 2007 Posted December 2, 2007 I have them on my table , had to pay the vat . marc Very nice I ordered black hub, black spoke, silver rim color combo. Should be here around late January.
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