Tax reform is high on President Bush's list of second-term priorities. Considering the mess our tax code has become, this is welcome news. More than 90 years of social engineering and backdoor ...

The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...

With two months left until the end of the year, the collection of some of the main taxes is significantly lagging behind the ...

Value-added taxes (VATs) have been attracting growing attention in the United States. GOP presidential hopeful Ted Cruz has proposed a VAT as part of a sweeping tax reform plan. The idea has also been ...

While the United States imposes a retail sales tax, many countries across the globe impose a value-added tax. VAT is similar to the retail sales tax, but it is imposed at every stage of the production ...

In recent days, defenders of Ted Cruz's VAT have tried to argue that what's taxable in a VAT is very similar to what's taxable in a normal corporate income tax. Steve Moore of the The Heritage ...

More than 150 countries have adopted a value-added tax (VAT) as a way to balance their budget. The value-added tax works like a sales tax, but it's applied at every step of the production chain. If a ...

A couple weeks ago, I bought $220 worth of gifts at a store in Sorrento, Italy. The clerk punched buttons on the cash register. A receipt as long as my arm printed out. "This is your form," he said, ...

Forbes contributors publish independent expert analyses and insights. Robert Goulder covers developments in U.S. and international taxation. Does Donald Trump secretly covet a VAT? This is a ...