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What Is a Value-Added Tax? Where Is This Type of Tax

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What is a value-added tax? Where is this type of tax in wide usage? Why do you suppose this form of taxation has NOT been widely accepted in the United States?


Definitions:

Depressants

Substances that reduce neurological activity and produce a calming effect, often used to treat anxiety or sleep disorders.

Anxiety

A state of distress or agitation over an outcome that is not assured.

Conscious

Being aware of and responsive to one's surroundings; awake.

Waking State

A state of consciousness where an individual is fully awake and aware of their environment.

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