A recent IMF study concludes that the VAT can be a good way to raise resources and modernize the overall tax system—but this requires that the tax be well designed and implemented The rapid rise of ...

Value-added taxes, which the president says discriminate against U.S. exporters, fund a large share of government budgets in ...

The driving force behind that unfairness, he says, is Europe’s value-added tax system. “They rip us off,” he said of the European Union. “It’s so sad to see. It’s so pathetic.” ...

Value-added taxes” are a common type of consumption tax used worldwide. They don’t create a trade disadvantage for the U.S., ...

“A VAT tax is a tariff,” Trump told reporters Thursday. That’s not true. A tariff is a tax on imports, while the VAT is simply a tax on all domestic consumption, regardless of where the good ...