Overview and Analysis of Value-Added Tax (VAT) and Flat Tax Proposals

ISBN: 9781536116298 出版年：2011 页码：187 Dayna B Andrews Angela M Davis Nova Science

Long-term fiscal problems, which were exacerbated by the recession that ended in June 2009, resulted in widespread concern about the need to formulate a fiscal solution to the high budget deficits and growing national debt. The levying of a value-added tax (VAT), a broad-based consumption tax, has been discussed as one of many options to assist in resolving U.S. fiscal problems. This book provides an overview and analysis of Value-Added Tax (VAT) and Flat Tax Proposals and their potential policy implications.