Hollings, Sen. Fritz, “Fighting in Trade War,” HuffingtonPost.com, 08/10/12
“Fundamental to an industrial policy is the Value Added Tax that’s rebated on exports. The Corporate Tax is not rebated. 150 countries compete in globalization with a VAT. Not having a VAT is killing...
View ArticleStockman, David A., “Paul Ryan’s Fairy-Tale Budget, The New York Times, 08/13/12
“…A true agenda to reform the welfare state would require a sweeping, income-based eligibility test, which would reduce or eliminate social insurance benefits for millions of affluent retirees. Without...
View ArticleVAT to Replace CorpIncTax = Fair Trade, Jobs & Growth
VAT to Replace CorpIncTax = Fair Trade, Jobs, Growth (Bill Clinton explains)
View ArticleBartlett, Bruce, “Support The VAT,” Forbes.com 10/23/09
“”(W)henever I suggest the idea of a VAT for the U.S., I am attacked by supply-siders and assorted right-wingers….(M)y friend Larry Kudlow criticized me for wanting to “Europeanize the American...
View ArticleHollings, Sen. Fritz, “Critical Needs Ignored,” HuffingtonPost.com, 11/07/12
“The presidential campaign ignored the real needs of the country. Four problems — four solutions.… Second, we must pay for government — not plan to pay. In 2001 we gave President Bush a balanced budget...
View ArticlePorter, Eduardo, “Broader Tax For Fighting Inequality,” New York Times, 11/28/12
“…Progressive taxes make it hard to raise money because they distort people’s behavior. They encourage taxpayers to reduce their tax liability rather than to increase their pretax income. High...
View ArticleBartlett, Bruce, “Tax Reform That Works; Building a Solid Fiscal Foundation...
In advocating a Value Added Tax, this concise paper by Bruce Bartlett takes on the myths about VAT and the mistaken political resistance to it. It is highly recommended in the context of the realities...
View ArticleBrooks, David, “Let’s Talk About X,” The New York Times, 11/30/12
“…Even the 1986 reform, which closed loopholes and lowered rates, didn’t do much to increase growth. Even after the reform was passed, people were paying the same amount in taxes, so they faced the...
View ArticleSimpson-Bowles and a Smarter Tax System to Spur Growth
Sen. Alan Simpson and Erskine Bowles have released their newly revised plan for curbing the deficit and reducing the debt. Included in the plan is a call for $600 billion in increased tax revenues to...
View ArticleOECD, “Consumption Tax Trends, VAT/GST and Excise Rates, Trends and...
“Spread of VAT. The spread of VAT has been the most important development in taxation over the last half century. Limited to less than ten countries in the late 60’s it has now been implemented by...
View ArticleSullivan, Martin A., “U.S. Tax Exceptionalism,” TaxAnalysts.com, 09/16/13
“The United States is the only nation of any significant size without a VAT. The United States also has the world’s highest corporate tax rate. Those two facts are not unrelated. Despite...
View ArticleImprove Obamacare: Single-Payer (VAT) & Multiple Providers
In 2005, The New England Journal of Medicine published an article titled “Healthcare Vouchers, A Proposal for Universal Coverage” by Ezekiel Emanuel, MD, PhD and Victor Fuchs, PhD. At the time, Dr....
View ArticleSolar Panel Maker Seeks Duties v. China (Trade Problem VAT Would Fix)
What a shame! At one time it looked like the manufacture of solar panels would be an arena in which the U.S. could work towards energy independence, grow manufacturing jobs and compete successfully....
View ArticleTax Reform: End the Corporate Income Tax to Grow Economy & Wages
The Corporate Income Tax, today, collects just 1.8% of GDP, and accounts for only 8% of total federal revenues. By comparison, at its peak in 1952 the CIT amounted to one-third of federal revenues....
View ArticleForbes: Tax Reform to End Inversions & Grow Economy/Jobs
There is a bold but promising solution to end corporate tax avoidance schemes including inversions: sweeping tax reform, replacing the corporate income tax with a clean consumption tax with zero...
View ArticleMankiw, N. Gregory, “One Way to Fix the Corporate Tax: Repeal It,” The New...
“Perhaps the boldest and best response to corporate inversions is to completely rethink the basis of corporate taxation. The first step is to acknowledge that corporations are more like tax collectors...
View ArticleVAT – (OECD) Latest Worldwide Stats
An update on Value Added Tax usage is provided by the Organization of Economic and Community Development in “OECD Consumption Tax Trends, 2014; VAT/GST and Excise Rates, Trends and Policy Issues.” VAT...
View ArticleSen. Rand Paul’s Plan…A Good Start for Tax Reform
Tax policy is a hot potato and controversial. It can propel a presidential candidate into the headlines, but it can also make the candidate an easy target for opponents and pundits alike. Sen. Paul’s...
View ArticleTPP – Competitive Disadvantage(s)
You might think Congress would look back at our prior “free” trade deals – pitting U.S. workers against lower wage countries – and have a more jaundiced view of the Trans-Pacific Partnership. The most...
View ArticleValue-Added Taxation in Canada: GST, HST, and QST (5th edition), Ryan global...
Value-Added Taxation in Canada is an in-depth analysis of the Goods and Services Tax (GST), its harmonized counterpart (HST) currently applicable in Nova Scotia, New Brunswick, Newfoundland and...
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