A Value-Added Tax Contrasted with a National Sales Tax

Bickley, James M.

Library of Congress. Congressional Research Service.

关键词: Taxation;    Sales tax;    Value-added tax;   

RP-ID  :  IB92069
RP-ID  :  IB92069 2003-07-10

美国|英语

来源: UNT Digital Library

【 摘 要 】

Proposals to replace all or part of the income tax, proposals for national health care, and a proposal to finance America’s war effort have sparked congressional interest in the possibility of a broad-based consumption tax as a new source of revenue. A value-added tax (VAT) or a national sales tax (NST) have been frequently discussed as possible new tax sources. Both the VAT and the NST are taxes on the consumption of goods and services andare conceptually similar. Yet, these taxes also have significant differences. This issue brief discusses some of the potential policy implications associated with these differences.