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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
Description
Summary: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.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.