Is It Time to Export the US Tax Model to Latin America?
Publication Date: April 2003
Publisher(s): Center for Economic and Policy Research
Author(s): John Schmitt
Keywords: Wealth redistribution; Sales tax; Household income
This paper explores the hypothetical effect of raising tax revenue in Latin American countries through a progressive taxation model. It finds that the benefits would be substantial, allowing for almost all of the region’s countries to double their heath and education spending.