The Heritage Foundation hosts a panel luncheon on Capitol Hill today (12:00 p.m.-1:00 p.m., B-340 Rayburn House Office Building) on Value-Added Tax: Why Now?:
Record and growing deficits are causing some to call on Congress to pass a value-added tax — better known as a VAT. The panel will discuss:
- Why these calls are coming now
- How a VAT would work
- The impact a VAT would have on the economy.
Panelists:
- JD Foster (Heritage Foundation)
- Dan Mitchell (Cato Institute)
- Stephen J. Entin (Institute for Research on the Economics of Taxation)



