"With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax." - Washington Post (see story below)
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/26/AR2009052602909_pf.html
This seems completely timely and reasonable. I'm sure people are going to be thrilled with a VAT tax, particularly those who continue to lose their jobs. Economics 101 (and History for that matter) must not have been part of Geithner's college curriculum at The University of Trotsky.
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