Our local transcriber rocks….two in one day. Libertarian candidate for governor Bill Peirce’s transcript is here. An excerpt…
Bill Peirce: The VAT tax would say, if the farmer sells it to the next-day wholesaler and pays the tax and he produces the receipts that the tax has been paid, then the wholesaler pays the tax on everything he gets, not on his gross. He can deduct whatever he paid to the farmer, and then at each stage, you deduct what was paid at the previous stage.
Tim Russo: So pardon me if I’m wrong, but the CAT tax is more oppressive than socialist Europe’s VAT tax.
Bill Peirce: Right.
Tim Russo: In Ohio, and this was just implemented by Republican government.
Bill Peirce: That is correct. That is correct.
Tim Russo: Ok. Just wanted to clear that one up.George Nemeth: Does he want me to edit that out?
Tim Russo: No, you can leave that right in there.