Value-Added Tax: What Is It And What Does It Mean For the Economy?
(The Hill) - The VAT is a tax on manufacturers at each stage of production on the amount of value an additional producer adds to a product.
posted by BP News Bureau | 9:48 AM
Bully Pulpit
The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.
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Thursday, October 08, 2009
(The Hill) - The VAT is a tax on manufacturers at each stage of production on the amount of value an additional producer adds to a product.
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