About this document
Das Gupta With Non Competitive Firms A Turnover Tax Can Dominate VAT by Walter Rosales is a document available to read on EtoBox.
The document argues that turnover taxes can outperform value-added taxes (VAT) in terms of revenue, welfare, and output when dealing with non-competitive firms. It presents a theoretical example demonstrating that under certain conditions, turnover taxes yield more revenue than any feasible VAT due to the exclusion of intermediate goods from the VAT base. The findings challenge the conventional belief in the superiority of VAT over other production and sales taxes.
- Author
- Walter Rosales
- Language
- EN