Many large countries utilize national sales tax

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Reference no: EM13861954

Did you know that many large countries utilize a national sales tax, or value added tax, to raise revenues? What if, -in an effort to FIX THE ECONOMY, the U.S. decided to do this?

This week, you are tasked with exploring the proposition of implementing a national tax on consumption. As you work on your proposal, please be sure to answer the following questions:

What other countries are doing this and to what degree of success?

How would this work? What/who would and what/who would not be taxed?

Who wins (and to what extent)?

Who looses (and to what extent)?

Reference no: EM13861954

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