000			01593nam a2200217Ia 4500
008			140323b2005 xxu||||| |||| 00| 0 eng d
082			_a336.2713
100			_aGo, Delfin S. _932109
245			_aAn analysis of South Africa's value added tax, [electronic resource] _cGo, Delfin S.
260			_aWashington, D.C. _bWorld Bank _c2005
300			_a21 p.
440			_aPolicy Research Working Paper, no. 3671 _973741
500			_aIncludes bibliographical references.
520			_an this paper, the authors describe South Africa's value added tax (VAT), showing that (1) the VAT is mildly regressive, and (2) it is an effective source of government revenue, compared with other tax instruments in South Africa. They evaluate the VAT in the context of other distortions in the economy by computing the marginal cost of funds-the effect of raising government revenue by increasing the VAT rates on household welfare. Then they evaluate alternative, revenue-neutral tax systems in which they reduce the VAT and raise income taxes. For the analysis, the authors use a computable general equilibrium (CGE) model with detailed specification of South Africa's tax system. Households are disaggregated into income deciles. They demonstrate that alternative tax structures can benefit low-income households without placing excess burdens on high-income households. ""--World Bank web site."
650			_aValue added tax - South Africa
700			_aKearney, Marna _973743
700			_aRobinson, Sherman _928953
700			_aThierfelder, Karen _976784
942			_cBK
999			_c296448 _d296448