What Value-Added Tax Might Look Like In The US

By Christiaan Van Der Valk and Charles Maniace (May 3, 2021, 3:58 PM EDT) -- This past February, Sen. Joe Manchin, D-W.Va., suggested introducing value-added tax, or VAT, to help fund $5 trillion to $6 trillion in infrastructure spending.[1] With Congress currently debating President Joe Biden's infrastructure plan, will the VAT discussion resurface? And If so, what does implementing VAT in the U.S. mean?...

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