Report

Implications of Different Bases for a VAT

Downloads

Quick Summary

This paper describes the policy and administrative reasons for exclusions from the VAT base and the design of a rebate as a substitute for base exclusions to address distributional objectives  The paper then analyzes the effect of possible exclusions from a US VAT base or a rebate on the VAT rate necessary to achieve a specific deficit reduction target and on the distribution of the tax burden.

Media Contact

Jeremy Ratner

Director, Communications

202.540.6507