author

William Gale

Brookings Institution

A 10% value-added tax in 2020 is estimated to have potentially raised $842 billion, rising to an average of $1 trillion in annual revenue over the following decade. A 10% value-added tax coupled with partial UBI would reduce inequality, raising the after-tax income of the bottom three income quintiles.
Raising Revenue with a Progressive Value-Added Tax
Social Wealth Fund Basic Income
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