Value Added Tax
2010-10-19T08:44:44-04:00https://images.c-span.org/Files/ee0/296083-04-m.jpgRachelle Bernstein talked about the results of a recent National Retail Federation study, and she responded to telephone calls and electronic communications. The study analyzed the economic effects of the imposition of a value added tax (VAT) to reduce projected federal deficits. The study concluded that a VAT would result in the loss of 850,000 jobs in the first year, reduce gross domestic product for three years, and bring a permanent drop in retail spending totaling $2.5 trillion over the first 10 years.
C-SPAN Radio’s Nancy Calo read news headlines at the end of the program.
C-SPAN Radio’s Nancy Calo read news headlines at the end of the program.
Rachelle Bernstein talked about the results of a recent National Retail Federation study, and she responded to telephone calls and electronic… read more
Rachelle Bernstein talked about the results of a recent National Retail Federation study, and she responded to telephone calls and electronic communications. The study analyzed the economic effects of the imposition of a value added tax (VAT) to reduce projected federal deficits. The study concluded that a VAT would result in the loss of 850,000 jobs in the first year, reduce gross domestic product for three years, and bring a permanent drop in retail spending totaling $2.5 trillion over the first 10 years.
C-SPAN Radio’s Nancy Calo read news headlines at the end of the program. close
People in this video
- Nancy Calo Producer C-SPAN->Radio
-
Hosting Organization
Series
More Videos From
Washington Journal 10/19/10
More VideosRelated Video
-
Value Added Tax and U.S. Debt
Isabel Sawhill and Curtis Dubay talked about the use of a Value Added Tax (VAT) as a means to curb U.S. debt, and they responded to…
-
Republican Study Committee Jobs Plan
The Republican Study Committee, group of conservative House members, talked about their Jobs Though Growth Act. The…
-
Tax Policy and Economic Growth
Panelists analyzed several tax theories. Topics included value-added taxes (VAT), Herman Can’s 9-9-9 plan, and state…
-
Iraq War and Combating Terrorism
Peter Bergen talked about his new study “The Iraq Effect.” An article about the study will appear in the March/April…