What is the value-added tax (VAT)? Why is it not a tax employed in the United States?
What will be an ideal response?
The VAT is a tax that is levied at each stage of the production process. The tax is included in the price of the product when it is sold. As a result, the actual amount of the tax--and even that there is a tax being levied--may be largely hidden from consumers resulting in less political mobilization. In the United States many fiscal conservatives worry that the VAT’s invisibility could allow the government to expand its activities without citizens’ understanding what the true tax consequences are.
You might also like to view...
The doctrine of prior restraint prevents the government from prohibiting speech or publication __________
a. that is obscene b. after the fact c. that is illegal d. before the fact
What can Congress do to influence foreign and defense policy if it is not satisfied with the president's handling of these policies?
a. Congress can fire ambassadors who are not executing foreign policy according to Congress's wishes. b. Congress can reduce appropriations for executing the president's foreign and defense policies. c. Congress can command the military to execute foreign policy according to Congress's wishes. d. Congress can change foreign policy with a joint declaration of two-thirds of each chamber, which does not require the president's signature.