Comment by simne
8 days ago
US formally don't have VAT, when most other developed countries have.
As I know, US states few decades spent on talks about implement VAT, but have not achieved agreement yet.
For equivalent, most US states have trade tax, could be returned with set of rules. So, on some abstract level it could be considered as far equivalent of VAT, which is also could be returned with set of rules.
VAT has nothing to do with this.
What you know about number of companies need to make modern automobile? What about CPU/GPU?
To be more concrete - estimate number of companies, which stay between mineral deposit and discrete GPU board which you could fit into your computer?