Carl Sumner Shoup was an economist who led the Shoup Mission of seven economists at the invitation of General MacArthur to revise the Tax System in post World War II Japan. Directly contributed to the tax codes of Canada, the United States, Japan, Europe, and South and Central America in the 1930s, 40s, and 50s. Professor Emeritus of Columbia University.

Family

Carl Shoup was the son of railroad executive Paul Shoup

Paul Shoup

Paul Shoup was an American businessman, president and later vice-chairman of the Southern Pacific Railroad in the 1920s and 1930s, a founding board member of the Stanford University School of Business, and founder of the community of Los Altos, California.-Family:He was the third of five children...

 and Rose Wilson Shoup. He and his wife Ruth had three children: Donald, Paul S., and Beatrice.

Born in San Jose, and grew up in Los Altos riding his horse to school.

Government Economic and Tax Policy

Co-directed, with fellow economist Roy Blough, the creation of the 1937 six-volume study "Report on the Federal Revenue System" of American taxes and potential reforms at the request of Treasury Secretary Henry Morgenthau, Jr.

Carl Sharp was identified as the intellectual father of the value-added tax (VAT) Shoup developed a taxonomy for describing the value alled taxes and linking the administration of the VAT to the capabilities of the particular country.

In the late 40s, he led the Shoup Mission in Japan that led to their current tax system in use today.

Participated in the creation of the Value Added Tax systems in Canada and Europe in the 1950s.

In the 1950s, he contibuted to the overhaul of the tax systems in Venezuela, Cuba, and Liberia

Authorship

• Public Taxation: April 1969 by Intervale Publishing Company ISBN 0932400027
• Ricardo on Taxation: September 1992 by Ashgate Publishing, Ltd ISBN 0751200603

Honors

• Shoup was awarded the Order of the Sacred Treasure
  Order of the Sacred Treasure
  The is a Japanese Order, established on January 4, 1888 by Emperor Meiji of Japan as the Order of Meiji. It is awarded in eight classes . It is generally awarded for long and/or meritorious service and considered to be the lowest of the Japanese orders of merit...
  
   twice by Japan’s Emperor Hirohito
  Hirohito
  , posthumously in Japan officially called Emperor Shōwa or , was the 124th Emperor of Japan according to the traditional order, reigning from December 25, 1926, until his death in 1989. Although better known outside of Japan by his personal name Hirohito, in Japan he is now referred to...
  
  . The order of the sacred treasure is an award from the country of Japan for long and meritorious service.

• McVicknar Professor Emeritus of Political Economy

• Columbia University Professorship in Honoring Carl Sumner Shoup Endowed by Toyota Motor Company

• Distinquished Fellow of the American Economic Association