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Question
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Assignment 2: The Value-Added Tax
Write a four to six (4-6) page paper that answers the following:
Explain the concept of value-added tax (VAT). (one to two (1-2) pages)
Analyze the pros and cons of imposing a VAT.
Evaluate the merits of imposing VAT in the United States.
Give your opinion as to whether the United States should impose a VAT and whether the VAT should replace the current income tax or be imposed in addition to the income tax.
The format of the paper is to be as follows:
Typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.
Use headers for each of the subjects being covered, followed by your response.
In addition to the 4-6 pages required, a title page is to be included. The title page is to contain the title of the assignment, your name, the instructor’s name, the course title, and the date.
Note: You will be graded on the quality of your answers, the logic/organization of the report, your language skills, and your writing skills.