Posts Tagged ‘VAT’

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    A Big VAT

    Nov 14, 10 • 124 Views • Government, Households, Macroeconomic MeasurementNo Comments

    Dating back to the 18th century, the Chinese vase that a brother and sister found “in a dusty attic” sold for $69.5 million at a London auction. The NY Times called it a “treasure-in-the-attic” story. For us economists, it is a VAT...

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    A VAT For Pretzels?

    Apr 18, 10 • 135 Views • GovernmentNo Comments

    The Senate just said “No” to a VAT. Disagreeing, Paul Volcker sort of said “Yes” when he observed that a VAT is “not as toxic an idea” as we once believed. Suddenly everyone seems to be talking about a VAT. Here...