Impossible Trinity (Barreix, Bès and Roca)

Solving the Impossible Trinity of consumption taxes: personalized VAT by Alberto Barreix, Martín Bès, and Jerónimo Roca. “This document proposes a solution to the Impossible Trinity of the progressiveness of a consumption tax, which require a broad base, a uniform rate and relief for the poorest taxpayers. The proposal consists of the extending the tax base of the Value Added Tax and compensating the poor with a transfer.” See PDF Attached