Re: (OPE-L) another bit about taxation

From: clyder@GN.APC.ORG
Date: Wed Jun 02 2004 - 11:21:58 EDT


Quoting Anders Ekeland <anders.ekeland@ONLINE.NO>:


> As far as I can see nobody responded directly my questions, in particular:
>
> - What would be the effect of an non-refundable indirect tax of say 5- 10%?
> Since there is a lot of tax evasion from firms and rich persons, a turnover
> tax would actually hit them more than the complicated system of income
> taxes, that on paper is progressive but in reality is much less so -  some
> economists in Norway argue that the tax system is in fact regressive for
> the really rich.
>
How would turnover tax differ from value added tax?

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