Graetz, Michael J., “100 Million Unnecessary Returns, A Simple, Fair, and Competitive Tax Plan for the United States,” Yale University Press, 2008

(VATinfo Note: Graetz calls for a 10-14% broad-based VAT exempting all businesses with less than $100,000 a year from collecting the tax; income tax credits for those at the bottom of the income scale ; eliminating the income tax for families earning less than $100,000 a year; a low tax rate on those above $100,000; reducing the corporate tax rate to 15-20%.)
“It is puzzling that U.S. economists and policymakers have struggled to fashion novel consumption tax alternatives like the flat tax or the Growth and Investment Tax, when there is a well-functioning consumption tax — the value-added tax — being used throughout the OECD and in nearly 150 countries worldwide.  Given the interconnectedness of the world economy, tax reform does not seem the right occasion to insist on American exceptionalism,” p. 82
“…(A VAT) would permit a major restructuring of our tax system into one that is vastly simpler and far more conducive to savings, investment, and economic growth.  And this can be accomplished in a way that is fair: a way that neither substantially increases the tax burden of low and moderate income taxpayers nor shifts taxes away from those at the top of the income scale,” p. 83