Raising Revenue with a Progressive Value-Added Tax

In this chapter from *Tackling the Tax Code: Efficient and Equitable Ways to Raise Revenue*, Gale proposes a VAT with: a broad base, a standard rate applied to all taxable purchases, an exemption for small businesses with gross annual revenue below $200k, and a refundable credit (UBI) to all households to make the tax progressive.

2020

Academic Paper

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