The Value Added Tax in Uruguay is the highest in the entire continent
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The VAT (Value Added Tax) is one of the many taxes that exist in Uruguay, where the tax burden is extremely high and punishes the entire population.
The VAT taxes almost all products and raises the cost of living in general. While it exists in almost all countries, in Uruguay the rate is enormously high.
All to sustain an elephantine and inefficient State run by useless politicians who waste taxpayers' money.
In Uruguay the VAT rate is 22%, the highest in the Americas.
To have a point of comparison, it is good to know what the VAT is in other countries: in Colombia: 19%, in Chile 19%, in Peru 18%, in the Dominican Republic 18%, in Brazil it varies by State, with an average of 17%, in Mexico 16%, in Bolivia 13%, in Guatemala 12%, in Venezuela 12%, and in Paraguay 10%.
In the United States there is no Value Added Tax (VAT) at the national level. Instead, the system is based on sales tax (Sales Tax), which is administered individually by the States and local governments.
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As can be seen, in all countries of the continent the VAT is lower than in Uruguay. The worst part is that the Uruguayan Public Administration is enormously inefficient and collects taxpayers' money only to have it squandered by politicians, who are the ones running the machinery of the State.
The current government of the Broad Front, far from reducing the tax burden, proposes to increase it. In fact, it has already done so; in just over a year of government, taxpayers continue to be punished to feed a corrupt, useless, and ineffective political caste that does not take care of the resources it coercively extracts from the population.
The VAT of Uruguay at 22% is a plunder of the taxpayer, and it is an abuse from every point of view.
The country remains the champion in extracting money from taxpayers in exchange for terrible services.
