Congress should enact a value-added tax, the equivalent of a broad-based sales tax on all goods and services. ...Congress should link revenue from the new tax and other sources directly to public health-care spending through a newly created health-care trust fund. The trust fund would pay for all federal health-care spending.
Tuesday, October 13, 2009
The Left-Wing Drumbeat for a Value-Added Tax Gets Louder
Every so often, the other side tells the truth. They want higher taxes to make government bigger, and they're not being shy about their goals anymore. In recent weeks, many senior Democrats and close Obama allies have called for a value-added tax. Now two senior people at the Brookings Institution have echoed that message. We can't say we haven't been warned what they have in mind:
Labels:
Big Government,
Fiscal Policy,
Value-Added Tax,
VAT
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