What Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes 76 Social Sciences - Economics October 22, 2021 University of California Santa Barbara · Youssef Benzarti shows that prices respond more to increases than to decreases in Value-Added Taxes (VATs). Read the Study Image courtesy of interviewee Value-Added Taxes Log-in or Sign-up to Faculti Currently viewing this subject insight as a guest. You have insight(s) remaining for this month. Login Sign-up or Subscribe