What is the Canadian experience with a VAT Q.What is the Canadian experience with a VAT? A.Concerns about regressivity, transparency, coordination with state sales taxes, and money machines can be assuaged by observing the Canadian value-added tax experience. Read more about What is the Canadian experience with a VAT
Who would bear the burden of a VAT? Q.Who would bear the burden of a VAT? A.A value-added tax (VAT) is a tax on consumption. Poorer households spend a larger proportion of their income. A VAT is therefore regressive if it is measured relative to current income and if it is introduced without other policy adjustments. A VAT is less regressive if measured relative to lifetime income. Read more about Who would bear the burden of a VAT?
What has been the state and local experience with retail sales taxes? Q.What has been the state and local experience with retail sales taxes? A.Most states and localities rely heavily on retail sales taxes. But their experiences suggest that administering a national tax would be daunting. Read more about What has been the state and local experience with retail sales taxes?
