With the VAT becoming an ever-bigger issue, Dan Mitchell discusses the issue on CNBC. Dan’s opponent winds up agreeing with him:

The Center for Freedom and Prosperity Foundation, joined by 21 of the country’s most influential free-market and taxpayer groups, has sent a letter warning President Obama, Treasury Secretary Timothy Geithner and top Congressional leaders “about the fiscal and economic risks of a value-added tax (VAT).”

The Center for Freedom and Prosperity Foundation, joined by 21 of the country’s most influential free-market and taxpayer groups, has sent a letter warning President Obama, Treasury Secretary Timothy Geithner and top Congressional leaders “about the fiscal and economic risks of a value-added tax (VAT).” The Coalition for Tax Competition letter is in response to […]

The Center for Freedom and Prosperity Foundation (CF&P) today released a new video showing that a value-added tax (VAT) would facilitate fiscal irresponsibility by opening a path for more federal spending.

This Center for Freedom and Prosperity Foundation video explains why a value-added tax would be a dangerous money machine for big government. The evidence from Europe also shows that VATs actually lead to higher income taxes.