VAT of Deplorables - The New York Times |
VAT of Deplorables - The New York Times krugman.blogs.nytimes.com/2016/09/28/vat-of-deplorables I’ve been writing about Donald Trump’s claim that Mexico’s value-added tax is an unfair trade policy, which is just really bad economics. Here’s Joel Slemrod explaining that a VAT has the same effects as a sales tax. Now, nobody thinks that sales taxes are an unfair trade practice. New York |
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