• Sign In / Register
  • Help
  • Basket0
The USA Tax: A Progressive Consumption Tax - The USA Tax (Paperback)
  • The USA Tax: A Progressive Consumption Tax - The USA Tax (Paperback)
zoom

The USA Tax: A Progressive Consumption Tax - The USA Tax (Paperback)

(author)
£14.95
Paperback 170 Pages / Published: 01/01/2003
  • Not available

This product is currently unavailable.

  • This item has been added to your basket
Although proposals for "flat" taxes have received a good deal of attention, a majority of Americans say that, for reasons of fairness, they favor a progressive tax. The USA Tax: A Progressive Consumption Tax presents an alternative to both the present tax system and a flat tax. The USA (unlimited savings allowance) tax is a progressive consumption tax that differs fundamentally from our current tax structure in that it taxes consumption rather than income. In April 1995, the USA tax bill was introduced into the United States Senate. Whatever the fate of the bill, this book is an important contribution to the literature on the theory and design of a progressive consumption tax.The USA tax has two components--the household tax, which replaces the current household income tax, and the business tax, which replaces the corporate income tax. A fundamental purpose of the USA tax is to raise the level of national saving and investment. It accomplishes this by making all household saving and business investment in capital goods tax-deductible.Seidman describes the ideals on which the USA tax is founded: the household component is based on the progressive personal consumption tax, and the business component is based on the consumption-type value-added tax (VAT). He then shows how the version of the USA household tax presented in the 1995 bill differs in critical aspects from the ideal of a personal consumption tax, and how it can be improved by amendments.Seidman devotes most of his book to the impact on saving, the issue of fairness, practical design options, simplification, and a variety of questions and criticisms. The book, written in straightforward language, will help guide the non-economist through the coming debates on the USA tax.

Publisher: MIT Press Ltd
ISBN: 9780262514538
Number of pages: 170
Weight: 318 g
Dimensions: 229 x 206 x 20 mm

You may also be interested in...

The Second Machine Age
Added to basket
Economics for Everyone
Added to basket
A Richer Life
Added to basket
£9.99
Paperback
Money
Added to basket
£9.99
Paperback
It's the Economy, Stupid
Added to basket
Triumph of the City
Added to basket
Antifragile
Added to basket
Bad Banks
Added to basket
£8.99
Paperback
How to Speak Money
Added to basket
Plutocrats
Added to basket
£9.99
Paperback
Austerity
Added to basket
£10.99
Paperback
Inside the Banking Crisis
Added to basket
Economix
Added to basket
£14.99
Paperback
This Changes Everything
Added to basket
Free Lunch
Added to basket
£9.99
Paperback
Post-Truth
Added to basket
£20.00   £16.99
Hardback

Reviews

Please sign in to write a review

Your review has been submitted successfully.