Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 25 August 2019

Abstract and Keywords

This article addresses the question as to whether the United States may join many other central governments in enacting a national value-added taxes (VAT). The idea of a federal VAT, which in its final incidence operates like a national retail sales tax, is not new. The article reviews the performance of the current system of state and local retail sales taxes (RSTs) and compares this to what a “well-designed” consumption tax should look like (tax-base comprehensiveness, minimization of the taxation of intermediate products and services, destination-based taxation, and compliance and administrative costs). It concludes that state RSTs not only “fall well short” of meeting these policy goals, but also that their defects are not likely to be corrected.

Keywords: value-added taxes, retail sales taxes, destination-based taxation, administrative costs, compliance costs, tax base

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.