Quote:
Originally Posted by JollyRoger
The US is about to be pushed to a VAT tax system as in use by the rest of the industrial democracy, we will soon be faced with no other choice. Paying for tax cuts with borrowed money, the insanity that started this mess, must now be recognized for what is: utterly stupid and crazy.
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That isn't a bad idea at all. You spend more, you pay more. After all, the more you buy, the more the infrastructure is "taxed" to get it to you and therefore you should pay more. I'd be for it if they scrapped all the taxes altogether and just went to VAT. Right now, I have no real way of knowing what I paid for in taxes. There is Fed tax, state tax, county tax, city tax, town tax, etc, etc. The beauty of that system is that they can raise taxes without you even knowing they are doing it or it is so insignificant that you don't feel it and don't think to protest it. Added together, it is a lot of tax. With VAT, you KNOW up front what you are paying.