Tax Reform for Fairness, Simplicity, and Economic Growth: The Treasury Department Report to the President. Volume 3. Value-Added Tax

摘要

Considers the issues involved in deciding whether or not the United States should adopt a national sales tax, or value-added tax, from an economic and administrative perspective. Describes a value-added tax, evaluates economic effects and political concerns associated with such a tax, evaluates alternative sales taxes, discusses specific design issues of a value-added tax, problem areas in its application, the likely tax base, alternatives for reducing the burden on the poor, and additional resources needed by the Internal Revenue Service to properly administer a value-added tax.