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U.S. International Trade: Data and Forecasts

Description: In 2003 the United States incurred a merchandise trade deficit of $535.7 billion on a Census basis and $549.4 billion on a balance-of-payments basis (BoP). A surplus in services trade of $60 billion gave a deficit of $489.3 billion on goods and services (BoP) for the year, 17% higher than 2002. Year-to-date (January-October 2004), the trade deficit in goods and services, at $500.5 billion, is 21% higher compared to the same period in 2003.
Date: January 5, 2005
Creator: Nanto, Dick K. & Lum, Thomas
Partner: UNT Libraries Government Documents Department
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U.S. International Trade: Data and Forecasts

Description: In 2005 the United States incurred a record merchandise trade deficit of $766 billion on a census basis and $782 billion on a balance-of-payments basis (BoP). A surplus in services trade of $58 billion gave a deficit of $724 billion on goods and services (BoP) for the year — up to $108 billion or 17.2% from the $618 billion deficit in 2004.
Date: May 23, 2006
Creator: Nanto, Dick K. & Lum, Thomas
Partner: UNT Libraries Government Documents Department
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A Value-Added Tax Contrasted With a National Sales Tax

Description: Some members of Congress have expressed interest in the feasibility of using a value-added tax (VAT) to either replace all or part of the income tax or finance health care reform. A VAT is imposed at all levels of production on the differences between firms’ sales and their purchases from all other firms. Policymakers may be interested in the following aspects of a VAT: revenue yield, international comparison of composition of taxes, vertical equity, neutrality, inflation, balance-of-trade, nat… more
Date: December 10, 2003
Creator: Bickley, James M.
Partner: UNT Libraries Government Documents Department
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