{"id":113236,"date":"2021-06-18T04:49:24","date_gmt":"2021-06-18T04:49:24","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=113236"},"modified":"2021-06-18T04:49:24","modified_gmt":"2021-06-18T04:49:24","slug":"value-added-tax","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/value-added-tax\/","title":{"rendered":"Value-added tax"},"content":{"rendered":"

A tax imposed on goods and services at each stage of production. The end result is similar to a sales tax, but usually produces much more revenue because the tax is not so “visible” and therefore less painful. It has been discussed as one method of financing health care under health care reform.<\/p>\n

\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

A tax imposed on goods and services at each stage of production. The end result is similar to a sales tax, but usually produces much more revenue because the tax is not so “visible” and therefore less painful. It has been discussed as one method of financing health care under health care reform.  <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-113236","post","type-post","status-publish","format-standard","hentry","category-v"],"yoast_head":"\nValue-added tax - Definition of Value-added tax<\/title>\n<meta name=\"description\" content=\"A tax imposed on goods and services at each stage of production. The end result is similar to a sales tax, but usually produces much more revenue because the tax is not so "visible" and therefore less painful. 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