Word: vat
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...same as the aforementioned cinnamon roll. Unclear) • On a fish stick • On a cat • On a moth • In an ultrasound (creepy) • In some salsa • On a grape • In a cellphone pic • On a turtle shell • In a vat of spumoni ice cream • We didn't even mention the man who's convinced that he can see the Virgin Mary in the leg wound likely suffered when he fell off his bar stool ("You can actually almost see her holding the baby Jesus...
...Still, Berlusconi, has some weapons that Murdoch does not. Last fall, the prime minister pushed through a government decree that doubled to 20% the Value Added Tax (VAT) on pay television subscriptions. Sky Italia responded with a series of advertisements aimed at their subscribers (who also happen to be Italian voters) outlining how the Berlusconi government's decision was unfair to consumers. Mediaset and RAI also recently joined forces to launch a digital terrestrial service called Tivù, modeled on a British free-to-air platform that has cut into the market share of BSkyB, Murdoch's U.K. satellite television...
...Normally, E.U. countries must obtain approval from Brussels to reduce their VAT rates. But Europe's rescue package might include a provision for countries to cut their VAT rate unilaterally. In snarking at this idea, Merkel and Sarkozy are probably sending a message to other member states that are contemplating following Britain's lead...
...example, Britain announced an eye-popping $30 billion plan that aims to borrow and spend its way out of the worst recession to hit the nation in 17 years. Wide-ranging measures include offering aid to homeowners and small businesses, and cutting value-added tax (VAT) 2.5 points, to 15%, to stimulate consumer spending...
...coal for heating 59%. The consumer price inflation rose 5.46% year-on-year in September. They say the government is still offering businesses "expensive gifts" like tax relief to foreign investors, but it has done nothing to relieve creeping living prices. Union demands include for higher minimum wages, a VAT cut on energy bills, and lower income taxes...