The adoption of a consumption tax would have a significant effect on the market value of certain
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The adoption of a consumption tax would have a significant effect on the market value of certain assets. Which assets are likely to decrease in value? Which are likely to increase in value? Should the government do anything to compensate the losers or to tax the gainers?
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The adoption of a consumption tax particularly if it replaces or significantly modifies the existing income tax system can indeed have significant eff...View the full answer
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Related Book For 
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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