Wednesday, October 14, 2009

Dan Mitchell on The Value Added Tax (VAT)

As I have opined before; a flat consumption tax instead of income tax is probobly a plus, a consumption tax and income tax is definitely a bad. The government is not talking about the 'or/instead' here, they are talking about 'and/both'.

Video embedded below. (from

See also Berman Post: Policy Makers Thinking About a National Sales Tax.

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