Why Has the United States Not Instituted a VAT? The United States differs from virtually all developed

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Why Has the United States Not Instituted a VAT? The United States differs from virtually all developed countries in that it does not have a VAT. What important aspect of the U.S. political system might account for this difference with other countries? (Related to Application 3 on page 360.)

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Macroeconomics Principles Applications And Tools

ISBN: 9780132555494

7th Edition

Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez

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