Saturday, March 27, 2010

The VAT Cometh (Value Added Tax)

"It's the ultimate cash cow. Obama will need it. By introducing universal health care, he has pulled off the largest expansion of the welfare state in four decades. And the most expensive. Which is why all of the European Union has the VAT. Huge VATs. Germany: 19 percent. France and Italy: 20 percent. Most of Scandinavia: 25 percent." - Charles Krauthammer

See the rest of the article at realclearpolitics.com by Charles Krauthammer

No comments:

Post a Comment