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Huge Value-Added Tax Increases in Europe Show Why Washington Politicians Should Never Be Given a New Source of Tax Revenue
The most important, powerful, and relevant argument against the value-added tax in the short run is that we can balance the budget in just five years by capping spending so… Read more
The Great TCI Anti-VAT Mutiny of 2013
The value-added tax is a pernicious levy. It’s basically a hidden form of national sales tax, imposed every time a transaction occurs at any stage of the production process. But… Read more
In the OECD’s Fantasy World, Higher VAT Taxes “Foster Growth and Employment”
Regular readers know I’m not a fan of the Organization for Economic Cooperation and Development. Heck, just take a look at some of the examples in this post and you’ll… Read more
New International Monetary Fund Study Inadvertently Provides Very Strong Evidence against the Value-Added Tax
I’m not a big fan of the International Monetary Fund, largely because the folks in charge oftentimes advocate toxic policies such as bailouts, higher taxes, and currency devaluation. But there… Read more
Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Govenrment in Japan
For years, I’ve been warning that a value-added tax (VAT) would be a terrible idea. Simply stated, politicians would have no reason to control spending or reform entitlements if they… Read more
Explaining Pro-Growth Tax Reform to the Senate Budget Committee
What do the flat tax and national sales tax (and even the value-added tax) have in common? As I explain in this Senate Budget Committee testimony, they are all single-rate,… Read more
New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling
In a recent column for the Wall Street Journal, I explained why Mitt Romney’s interest in a value-added tax is deeply troubling. One of my key points was that the… Read more
Mitt Romney, the Value-Added Tax, and America’s European Future
My Iowa caucus predictions from yesterday were hopelessly wrong, probably because I was picking with my heart rather than my head. As I noted a couple of weeks ago, Mitt… Read more
Since Romney Is Willing to Consider a VAT, Should Libertarians and Conservatives Be Willing to Consider Him?
There’s been a lot of discussion about Mitt Romney’s appeal – or lack thereof – among supporters of limited government. To put it mildly, many libertarians and conservatives are underwhelmed… Read more