Yet economists, including veterans of past Republican administrations, are vocal in insisting that the debt problem is too great to be solved without increasing revenues somehow and perhaps moving to a new consumption tax system like Europe’s.Fine. Do away with the income tax and we'll talk sales tax. And not "consumption", but one-time "point-of-sale". Go talk to Boortz; he'll explain it and explain it and explain it until you beg him to shut up.
Wednesday, February 17, 2010
Screw that! We won't VAT!
So, in yet another hair-shirted NYT piece in which the writer bemoans "gridlock" in "ungovernable" America (without explaining how a federal government controlled entirely by one party is "gridlocked") we get to the meat of the issue, which is this: Europeans are cool. Europeans have a VAT. All cool Americans really wish they were European, but don't want to move there and learn a foreign language, so instead, we'll just get a VAT here, which will make us feel more European every time we look at a bloated receipt.