How To Make Things Worse: Value-Added Tax

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“The Republican platform has a plank calling for a value-added tax. This they won’t do, we are told by the reporter. I won’t forecast, but I will say that by placing this in the platform, it makes it more likely that Obama and his gang will do it. Remember, the Feds have to mend the deficits if they want to maintain spending, and higher taxes are a way to do that, and Obama in 2010 said that the value-added tax was an option, and in 2011 he appointed an adviser (Krueger) who thinks the value-added tax is a cool idea.”

http://www.lewrockwell.com/blog/lewrw/archives/119692.html

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