The Value-Added Tax : Its Causes and Consequences /

Has the VAT proved, as its proponents claim, an especially effective form of taxation? To address this, this paper first shows that a tax innovation-such as the introduction of a VAT- reduces the marginal cost of public funds if and only if it also leads an optimizing government to increase the tax...

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Detalles Bibliográficos
Autor Principal: Lockwood, Ben
Outros autores: Keen, Michael
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/183
Acceso en liña:Full text available on IMF