Keen, Michael (contributor); Lockwood, Ben (contributor) - 2007
WARWICK ECONOMIC RESEARCH PAPERS
DEPARTMENT OF ECONOMICS
The Value Added Tax: Its Causes and Consequences …, estimates that about 40 percent of the revenue raised by sales taxes in the United
States falls on business purchases.
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A … change in the way of doing tax
business (moving to systematic self-assessment). Thus adoption is costly, and far from …