Bach, Stefan; Isaak, Niklas - In: DIW economic bulletin 7 (2017) 31/32, pp. 315-321
target the valueadded tax rather than the personal income tax. Lowering the standard value-added tax rate by one percentage … point (from 19 to 18 percent) would mean relief worth 11 billion euro for consumers. The reduced value-added tax rate of … under 15 billion euro. The simultaneous abolition of the remaining value-added tax would yield an overall revenue loss of 7 …