How Would Cardin's VAT Affect Social Security Recipients?

6 Pages Posted: 6 Jan 2016

See all articles by Alan D. Viard

Alan D. Viard

American Enterprise Institute

Date Written: November 2, 2015

Abstract

On December 11, 2014, Senate Finance Committee member Benjamin L. Cardin, D-Md., introduced S. 3005, the Progressive Consumption Tax Act of 2014, which calls for the adoption of a 10 percent VAT. The adoption of a VAT would have far-reaching effects on the economy, including the Social Security program.

Keywords: Value added tax, Social Security

Suggested Citation

Viard, Alan D., How Would Cardin's VAT Affect Social Security Recipients? (November 2, 2015). Tax Notes, Vol. 149, No. 5, 2015, Available at SSRN: https://ssrn.com/abstract=2710958

Alan D. Viard (Contact Author)

American Enterprise Institute ( email )

1150 17th Street, N.W.
Washington, DC 20036
United States
(202) 419-5202 (Phone)
(202) 862-7177 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
26
Abstract Views
268
PlumX Metrics