Us income tax versus uk vat tax

Reference no: EM13137160

Compare the current Federal income tax structure of the U.S. with that of the VAT national tax implemented by the United Kingdom. How would the U.S tax structure change if it implemented the VAT system? In your opinion, do you think the VAT system is preferable to the current one? Explain your answers with examples.

Reference no: EM13137160

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