Click here to view the full article as an Adobe Acrobat PDF. The VAT is an old idea in tax policy that, despite periodic consideration, has not been adopted in the United States.[1] The absence of a ...

Amid increasing prices and people’s decreasing purchasing power, the Value Added Tax on basic food products has been reduced from 8 to 1 percent. Economists warn that this reduction may not affect the ...

It is a proven fact that value added tax (VAT) is a regressive tax which burdens the poor more than the rich. Finance minister Patrick Chinamasa proposed VAT on basics when he presented the 2017 ...