University of Northern Iowa UNI ScholarWorks Honors Program Theses Honors Program 2010 The value-added tax: Effects on tax revenue, U.S. corporations, and individual taxpayers Joseph Raymond Pudenz University of Northern Iowa Let us know how access to this document benefits ouy Copyright © 2010 Joseph Raymond Pudenz Follow this and additional works at: https://scholarworks.uni.edu/hpt Part of the Economics Commons, and the Taxation Commons Recommended Citation Pudenz, Joseph Raymond, "The value-added tax: Effects on tax revenue, U.S. corporations, and individual taxpayers" (2010). Honors Program Theses. 65. https://scholarworks.uni.edu/hpt/65 This Open Access Honors Program Thesis is brought to you for free and open access by the Honors Program at UNI ScholarWorks. It has been accepted for inclusion in Honors Program Theses by an authorized administrator of UNI ScholarWorks. For more information, please contact
[email protected]. THE VALUE-ADDED TAX: EFFECTS ON TAX REVENUE, U.S. CORPORATIONS, AND INDIVIDUAL TAXPAYERS A Thesis Submitted in Partial Fulfillment of the Requirements for the Designation University Honors Joseph Raymond Pudenz University of Northern Iowa May 2010 This Study by: Joseph R. Pudenz Entitled: The Value-Added Tax: Effects on Tax Revenue, U.S. Corporations, and Individual Taxpayers has been approved as meeting the thesis or project requirement for the Designation University Honors ________ ______________________________________________________ Date Dr. Martha Wartick, Honors Thesis Advisor, Accounting ________ ______________________________________________________ Date Jessica Moon, Director, University Honors Program The Value-Added Tax 1 Introduction Ever since the ancient Egyptians formed the first system of taxation nearly 5000 years ago, governments have searched for an efficient and effective method of tax implementation.