Apr 1, 2009
Stimulating consumption
What about a negative VAT? Like a 10% reimbursement on everything you buy. The measure would be temporary and funded the same way as the stimulus bill. And unlike tax cuts the income would not be saved but spent for sure since it is only after consuming that you get your money back. Could it work?
Subscribe to:
Post Comments (Atom)
1 comment:
Nice idea, but I definetly do not want to pay that bill via taxes over the rest of my liftime....
That's the whole problem with this fiscal expansion: there is no consistent plan how to revert it and finance it. Just let the new generation pay as long as we are fine...
Post a Comment