Categorized | Tax

Video on the Value Added Tax

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedInShare on RedditDigg thisShare on StumbleUponBuffer this pagePin on PinterestShare on TumblrEmail this to someone

The following video on the Value Added Tax was produced by Steve Abramson:


2 Responses to “Video on the Value Added Tax”

  1. China Watcher says:

    A nice argument that stops short of a real solution. Replacing the corporate tax with a low VAT is good for corporations, especially those who do not off-shore part of their own supply chain. But it does nothing to deal with the genuine problem of regressivity (impact on lower-income folks) and is too low to make a profound difference on our trade balance. How can 4.5% offset the advantage that China (17%), Mexico (15%) and Western Europeans (as high as 26%) enjoy today? This is a half-way measure with half-way benefits. Now is the time for really smart tax reform hat rewards savings, investment in plant and equipment, production and export.


Friends Don’t Let Friends Buy Imports

Sign up to receive periodic updates