(Consider This) Proponents of a Value-Added Tax (VAT) Claim That

question 134

Multiple Choice

(Consider This) Proponents of a value-added tax (VAT) claim that a VAT

• A)is progressive, leading to a more equitable distribution of income.
• B)equalizes the tax burden between buyers and sellers of goods.
• C)is proportional, so all income groups pay a fair share.
• D)penalizes consumption and encourages savings and investment.