Would you support a GST/VAT in America?

[🦀🎂🦀🎂]

Your thoughts?

[Joe Republic]

What would it pay for?

[Intell]

God No.

[The world will shine with light in our nightmare]

Lean yes.  The tax code would obviously be far less progressive, but countries with regressive tax systems are much better at reducing inequality because they spend in a more progressive fashion.  If the VAT were coupled with more generous welfare spending, then it would likely benefit the middle-class far more than the status quo.

[dax00]

Lean yes.  The tax code would obviously be far less progressive, but countries with regressive tax systems are much better at reducing inequality because they spend in a more progressive fashion.  If the VAT were coupled with more generous welfare spending, then it would likely benefit the middle-class far more than the status quo.

That isn't happening anytime soon, so I'd expect an inverse effect.

[DC Al Fine]

If it were combined with a VAT rebate for low income earners similar to Canada's system sure.

[RFayette]

Yes, but only to replace the payroll and corporate tax.  I'd probably keep the income tax as is.

[🐒Gods of Prosperity🔱🐲💸]

possibly. I don't have a clear idea of how this works on a practical level in terms of infrastructure or ease of use.  But it's an idea worth exploring if it can replace the payroll tax.