Re: £832.50, not £999
"7.5% (California of course)."
Why 'of course'? Do you think that's high?
In the EU The lowest 'standard' VAT rate is Luxembourg's at 17%
The UK's is currently 20%
And yet we (UK) spend less per head of our taxes on the NHS than the US spends (in taxes) on their own government backed health schemes.
Which begs the question, if the NHS is such good value for money, why are we being taxed so heavily? State pension? Apologies for the digression.