What if the vat instead replaced the state retail sales tax

Reference no: EM131205482

Policy application . What would be the advantages and drawbacks of replacing the US individual income tax with a value-added tax? What if the VAT instead replaced the state retail sales tax? Who would be the gainers and losers in each case?

Reference no: EM131205482

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What if the vat instead replaced the state retail sales tax : Policy application . What would be the advantages and drawbacks of replacing the US individual income tax with a value-added tax? What if the VAT instead replaced the state retail sales tax? c

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