Value Added Tax and Inflation: A Graphical and Statistical Analysis | Zendy

Alexander M.G. Gelardi | Zendy

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Value Added Tax and Inflation: A Graphical and Statistical Analysis

Author(s) -

Alexander M.G. Gelardi

Publication year - 2014

Publication title -

asian journal of finance and accounting

Language(s) - English

Resource type - Journals

ISSN - 1946-052X

DOI - 10.5296/ajfa.v6i1.5065

Subject(s) - value added tax , economics , inflation (cosmology) , ad valorem tax , consumption tax , consumption (sociology) , tax credit , indirect tax , monetary economics , tax reform , inflation rate , sales tax , tax rate , macroeconomics , public economics , interest rate , social science , physics , sociology , theoretical physics

The US has been considering introducing a National Consumption Tax federally. This would be in addition to the states’ sales taxes. Since a consumption tax would be an added cost to the consumer, it would be expected that inflation would be increased. This paper uses graphs and statistical methods to ascertain whether inflation in the UK and Canada was affected by the

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