Journal of Economic Perspectives: Vol. 9 No. 1 (Winter 1995)


Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter


JEP - All Issues

Value-Added Taxation: A Tax Whose Time Has Come?

Article Citation

Metcalf, Gilbert E. 1995. "Value-Added Taxation: A Tax Whose Time Has Come?" Journal of Economic Perspectives, 9(1): 121-140.

DOI: 10.1257/jep.9.1.121


Value-added taxes (VATs) are used in a large number of developed countries and have been under consideration at the national level in the United States in recent years. This paper provides an introduction to the tax for those unfamiliar with it. The author begins by describing how VATs work and briefly surveys their use by other countries. The remainder of the paper considers the economic impact as well as design issues that are likely to arise if the United States were to implement a VAT.

Article Full-Text Access

Full-text Article (Complimentary)


Metcalf, Gilbert E. (Tufts U and NBER)

JEL Classifications

H25: Business Taxes and Subsidies including sales and value-added (VAT


View Comments on This Article (0) | Login to post a comment

Journal of Economic Perspectives

Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)


JEP - All Issues

Virtual Field Journals

AEA Member Login:

AEAweb | AEA Journals | Contact Us