Effects of a Value Added Tax on Capital Formation.

Explains how a value-added tax increases capital formation. Utilizes a life cycle, general equilibrium model to estimate effects of a $60 billion Federal value added tax on capital formation, comparing effects to raising the same amount of revenues from an income tax.

Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1988.
Series:	U.S. Congressional Research.
Subjects:	Econometric models. Revenue. Income tax. Electronic books.
Online Access:	Connect to the full text of this electronic book