Both a value added tax (VAT) and a national sales tax have been criticized as being regressive

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Both a value added tax (VAT) and a national sales tax have been criticized as being regressive in their effect.
a. Explain.
b. How could this shortcoming be remedied in the case of a national sales tax?

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Related Book For answer-question

South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen

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Question Posted: Dec 22, 2016 01:00 AM

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Both a value added tax (VAT) and a national sales tax have been criticized as being regressive

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a Both the national sales tax and the VAT are taxes on consumption Both taxes imp...View the full answer

South Western Federal Taxation Individual Income Taxes 2017

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