A U.S. Value-Added Tax A Review of the Issues

This paper reviews issues related to the introduction of a value-added tax in the United States. In particular, the paper distinguishes between European-styled value-added taxes that are levied similarly to sales taxes, and value-added taxes that are levied through the business and personal income t...

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Bibliographic Details
Main Author: Towe, Christopher
Other Authors: Shah, Saurin
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Policy Discussion Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews issues related to the introduction of a value-added tax in the United States. In particular, the paper distinguishes between European-styled value-added taxes that are levied similarly to sales taxes, and value-added taxes that are levied through the business and personal income tax systems. The costs and benefits of such taxes, including their potential yield, are then discussed
Physical Description:30 pages
ISBN:9781451970739