Posts tagged as:

VAT

Fix the Tax Code Friday: Value Added Tax (VAT)

15 October 2010

Yesterday, the National Retail Federation made news for its economic analysis of a Value Added Tax (VAT). The study considered the addition of a VAT to the existing tax structure, something that just won’t happen. But assuming that the existing tax structure was somehow tweaked, there is likely some limited support for a VAT (click [...]

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Retail Group Publishes Results of Study… Mmm, Why?

14 October 2010

The Washington Post ran a piece today about an “economic analysis” commissioned by the National Retail Federation (NRF) that seems to indicate that a VAT (a value added tax) would crush our economy. Oh wait. That’s the spin. The important bit is that the premise of the study was that a VAT would be added [...]

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Sunday Mailbag: The Really Hot Edition

2 May 2010

I am actually waiting for my coffee to cool down this morning. I can barely sip it – it’s so hot out. The temps are slated to creep back up to the 90s again today – the 90s. Remember, folks, I’m in Philly and it’s just the first couple of days of May. It’s not [...]

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National Sales Tax Not in the Cards – For Now

20 April 2010

At least once a week, I get an email asking me about whether I think that President Obama will launch a national sales tax as part of tax reform efforts. My answer? Nope. I’ve said before that I think tax reform is an enormous undertaking and, let’s face it, with a struggling economy and health [...]

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Fix the Tax Code Friday: VAT

19 December 2009

It’s Fix the Tax Code Friday! This week, I wrote a piece for WalletPop about the possibility of a VAT being imposed in the US. The idea is that the VAT would be similar to those in Europe and Asia and would be imposed at each stage of a transaction in an effort to mitigate [...]

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Fix the Tax Code Friday: National Sales Tax

3 April 2009

It’s Fix the Tax Code Friday! This week, my post about a national sales tax on online sales was all in jest for April Fool’s Day. But it caught some folks off guard because it really could happen. Proponents say that a national sales tax would increase revenue by taxing consumption rather than income. Critics [...]

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How Much is that 75p Soda? Sales Tax Revisited.

10 March 2008

Greetings from the UK! Yep, hubby and I packed up and headed across the pond to Jolly ol’ England for a few days of rest and relaxation (as well as a hint of business). I won’t regale you with the saga of what’s really happening here (lots of sick travelers, present company included, ridiculously fickle [...]

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Fat? It’s Gonna Cost You.

13 July 2007

Well, only if you live in the UK. Our friends across the pond at Oxford University claim that charging VAT (Value Added Tax, sort of like a sales tax) of 17.5% on foods deemed to be unhealthy would reduce the number of heart attacks and strokes. The theory is that increased costs will slash consumer [...]

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