Amazon Deals

New at Amazon

Tuesday, April 6, 2010

WSJ: The VAT is Coming

So we are to have a European-style value-added tax (VAT). That's the emerging consensus in Washington as people come to recognize the reality of the deep financial hole into which the Obama administration has dug us. 

The Congressional Budget Office reckons we will be Greece by the end of the decade, owing the world—mostly the Chinese—a sum equal to 90% of our gross domestic product.

No comments:

Post a Comment