Microeconomics

Why might a VAT be more popular politically than a retail sales tax?

Why might a VAT be more popular politically than a retail sales tax? a. Its transparency appeals to voters. b. Its lack of transparency makes it easier to misunderstand its effects. c. It is more efficient per dollar raised. d. It is more consistent with the benefit principle of taxation.   ANSWER b  

Read full post

Date: September 9th, 2020