Saturday, June 23, 2007

Basic Necessities

Nacho and I went to the bookstore today to find a gift for his aunt. I noticed on the receipt that the IVA, or VAT or sales tax, was only 4% - the "super-reduced" rate reserved for objects of primary necessity. Here they consider the books to be of the same importance as bread and milk. You've got to love that.

1 comment:

JustMe said...

That is fabulous!
If we adjusted our tax base in the US, I might fear that books would get the luxury tax:(