re national sales tax the movie in article veal utkvm utk edu veal utkvm utk edu david veal writes in article apr alchemy chem utoronto ca golchowy alchemy chem utoronto ca gerald olchowy writes in article aa inet gw pa dec com blh uiboise idbsu edu broward l horne writes why don t the republicans get their act together and say they will support a broad based vat that would have to be visible the vat in canada is visible unlike the invisible vats they have in europe and suggest a rate sufficient to halve income and corporate and capital gains tax rates and at a rate sufficient to give the clintons enough revenue for their health care reform the republicans are in general fighting any tax increase there is also worry that a vat would be far too easy to increase incrementally i was a graduate student in the early s and we had a conference on reaganomics where jerry jordan then a member of the council of economic advisors was a speaker i had the pleasure of driving him back to the airport afterwards and since taxes were the main topic of discussion i thought i would ask him about the vat i have favored it for these reasons you mention that the income base is too hazy to define that it taxes savings and investment that it is likely to be more visible he agreed and reported that the cea at that time was in favor of vat so why not propose it i asked he replied that the reagan white house feared that the democrats would introduce vat in addition to the income tax rather than in lieu better not to give them any ideas he said pretty prescient btw what is different between canada s tax and most of europe s that makes it visible yes any canadian readers please tell us if the tax is displayed on price stickers i m relatively certain it is not in europe king sparky banaian it s almost as though young kbanaian pitzer claremont edu white guys get up in the dept of economics pitzer college morning and have a big smile latest gdp forecast on their face because you know homer wrote the iliad d souza
