A value-added tax (VAT) or general sales tax (GST) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price.From that of the seller, it is a tax only on the value added to a product, material or service, from an accounting point of view, by this stage of its manufacture or distribution.he advantage of the VAT system over the sales tax system is that under sales tax, the seller has no incentive to disbelieve a purchaser who says it is not a final user. That is to say the payer of the tax has no incentive to collect the tax.
Abraham Lincoln was commander-in-chief of union forces during the U.S. Civil War. President Lyndon Johnson was known for his rigid control of the military during wartime. A portrait of George Washington, the first president of the United States and commander-in-chief of the US military.
Regents Prep: U.S. History: Presidential Decisions: Commander-in-Chief. Many of the most important decisions of the presidency have been made in wartime, in the president's role as commander-in-chief.As Commander-in-Chief of the United States' armed forces, the President is ultimately at the head of the chain of command for the Army, Navy, Air Force, Marines and the Coast Guard.ice-President Harry S. Truman found himself in the role of Commander-in-chief following the death of FDR in 1945. The new president was quickly asked to make one of the most difficult decisions of this or any other war, whether or not to use the newly completed nuclear bombs against the Japanese.