Simon Johnson says the debate on the debt limit overlooks the need to address long-term healthcare and pension costs and to raise revenue, perhaps through a value-added tax (VAT).
Tax Reform and Consumption-based Tax Systems
Congressional testimony submitted to the US House Ways and Means Committee hearing on "Tax Reform and Consumption-based Tax Systems"
July 26, 2011
Spend Less, Owe Less, Grow the Economy
Testimony submitted to the Joint Economic Committee of Congress, hearing on "Spend Less, Owe Less, Grow the Economy"
June 21, 2011
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