Who bears the burden of a national retail sales tax? Q.Who bears the burden of a national retail sales tax? A.A revenue-neutral national retail sales tax would be more regressive than the income tax it replaces. Read more about Who bears the burden of a national retail sales tax?
Would tax evasion and avoidance be a significant problem for a national retail sales tax? Q.Would tax evasion and avoidance be a significant problem for a national retail sales tax?? A.A national retail sales tax would certainly not eliminate tax evasion and avoidance, and might increase it. Read more about Would tax evasion and avoidance be a significant problem for a national retail sales tax?
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?
