Is a VAT needed for America? (user search)
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  Is a VAT needed for America? (search mode)
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Author Topic: Is a VAT needed for America?  (Read 1083 times)
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realisticidealist
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« on: October 26, 2019, 01:53:23 PM »
Quote from: True Federalist on October 26, 2019, 12:24:34 PM
No. For fiscal stability we need higher taxes, but VAT is a consumption tax and thus not helpful to our economy.

Consumption taxes, if properly designed, are good for the long term economic growth of a country as they encourage savings and investment.
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