I have been hearing a lot about this new tax that is coming to the US the VAT. Does anybody actually believe that the politicians will not just spend more money? This is not going to lower the National Debt. This is just going to create bigger government. I can't believe losers like Glen Beck are for this.

Re: VAT (Value Added Tax)

You know what they say "death & taxes."

Re: VAT (Value Added Tax)

London's VAT tax rate here we come...wooooohooo..

Re: VAT (Value Added Tax)

The bad thing about this tax is that it will hit low income people instead of just the rich. It's a sneaky tax and already in the price of things. My concern is that we'll get taxed more and end up in more debt than what we started.

Re: VAT (Value Added Tax)

[url]http://blogs.reuters.com/james-pethokoukis/2010/04/05/how-america-might-get-a-vat-of-its-own/[/url]

Re: VAT (Value Added Tax)

[video=youtube;6HE-rGGKksQ]http://www.youtube.com/watch?v=6HE-rGGKksQ[/video]

Ron Paul Ron Paul Ron Paul

Re: VAT (Value Added Tax)

Ron Paul unfortunately isnt going to get much futher than being on the frontpage of digg.com on every story come election time again i think.