Tax breaks and WTO

Doug Henwood dhenwood at panix.com
Sat Jan 1 13:47:01 PST 2000


Michael Pollak asked:


>Are you saying there's an argument to be made that VAT is not regressive?

to which Max Sawicky replied:


>yup

Don't be coy, Max. What is it? I seem to remember Bob Pollin citing you (back when he was advising Jerry Brown in '92) as saying that a VAT could finance a generous welfare state, and the combined tax and spending effects would be progressively redistributive. Is there more to it than that?

Doug



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