(Applying the Analysis) Which of the following claims is not made by opponents of a value-added tax (VAT) ?
A) Savings and investment are discouraged because future consumption is penalized.
B) The VAT is regressive,potentially leading to additional progressive taxes to offset the regressive VAT.
C) Sellers bear a disproportionately large burden of the tax.
D) The VAT is a hidden tax,and thus easier to raise to support the expansion of government.
Correct Answer:
Verified
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