Abstract
The purpose of this paper is to analyze the possibility of applying the VAT in the United States. The VAT has both advantages and disadvantages, each involving trade-offs, which will be examined in the European context. The German VAT is examined to illustrate how a well designed VAT can support both social programs, and economic growth. The British VAT provides an example of how a poorly designed VAT can fail to achieve any of the desired economic or social goals. These European examples are used to support the conclusion that a well designed VAT can be successfully employed to improve the American tax system.
Recommended Citation
Scott, William J.
(1986)
"Would Europe's Value Added Tax Work for the United States?,"
Florida Journal of International Law: Vol. 2:
Iss.
1, Article 5.
Available at:
https://scholarship.law.ufl.edu/fjil/vol2/iss1/5