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.
b
Economics
You might also like to view...
One can invest in a pool of mortgages by buying
A) long term bonds. B) mortgage backed securities. C) penny stocks. D) stocks with a beta of less than one.
Economics
It is possible to increase our consumption of a clean environment without giving up anything
a. True b. False Indicate whether the statement is true or false
Economics