On the recordJuly 21, 2015
Obviously, the United States has elected not to do a Value Added Tax, although typically in Europe, a Value Added Tax is the major revenue producer for most of the countries.
Source
congress.govObviously, the United States has elected not to do a Value Added Tax, although typically in Europe, a Value Added Tax is the major revenue producer for most of the countries.
Heitkamp discusses the U.S. tax system compared to European VAT systems.
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