Last week, Italy increased the value added tax a full percentage point to 21%.
Value Added Tax or VAT is a kind of sales tax in much of the world.
It aims to introduce a fully fledged value added tax by the spring of 2013.
It also cut social-security contributions, partly making up the shortfall with higher value-added tax.
An alternative is a value-added tax, which all other OECD countries have (see article).
It may be a broad-based levy such as a Value-Added Tax or an energy tax.
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For their part, some states are challenging the equalising allocation of value-added tax revenues.
The only real way to pay for those benefits will be a value-added tax, or VAT.
Spain is reversing its fiscal stimulus by raising its main value-added tax rate next year.
Despite the fillip from the temporary reduction in value-added tax, consumer spending will fall sharply.
The many lawyers in Congress recently decided to exempt their profession from value-added tax.
The tax hikes include a rise in the value-added tax and a (risk-adjusted) levy on bank profits.
For example, we could create a value-added tax, which every other rich country in the world has.
Italy's value-added tax rate on hotels and bars is 10%, compared with 7% in most European countries.
Previous price rises, caused by weaker sterling and an increase in value-added tax, continue to chill consumption.
Ms Salgado is already raising value-added tax, with the top rate going from 16% to 18% in July.
In replacing business taxes with a value-added tax, the government has eased the fiscal burden on small firms.
The drop happened despite expectations of higher spending in advance of a value-added tax increase coming in January.
But some state governors worry about losing revenue from the changes, which involve introducing a uniform national value-added tax.
But their most visible reform, the introduction of a 10% value-added tax, has not been a wholly happy experience.
And Merkel is still plowing ahead with her economic restructuring plan, even pushing through a dreaded value-added tax increase.
He has backtracked on proposals that have met strong resistance, such as levying value-added tax on food and medicines.
For example, harmonisation of India's cascading sales taxes by introducing a uniform national value-added tax has repeatedly been postponed.
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Value added tax (VAT) is paid whenever you buy goods or a service.
Are the Republicans afraid to raise the issue of a value added tax?
PRD, in contrast, wants value-added tax removed from a range of basic goods and services, but increased on luxuries.
Some goods and services now subject to a reduced value-added tax rate will have to bear the full 16% rate.
President Obama will renew his efforts to pass a value-added tax (which I don't think will pass this election year).
Despite increasing consumption taxes like VAT (value-added tax), the informal economy can still provide relief through various markets and bazaars.
Unlike schools and academies, colleges are unable to claim back Value Added Tax and so have to pay it in full.
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