VAT is not levied in the UK on childrens clothing but it is levied on adults clothing.

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VAT is not levied in the UK on children’s clothing but it is levied on adult’s clothing. Discuss the merits of this distinction, considering both efficiency and equity.

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Economics

ISBN: 124344

2nd Edition

Authors: N. Gregory Mankiw

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Question Posted: Nov 02, 2024 07:00 AM

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VAT is not levied in the UK on childrens clothing but it is levied on adults clothing. Discuss the merits of this distinction, considering both efficiency and equity.
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VAT is not levied in the UK on childrens clothing but it is levied on adults clothing.

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Economics

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