VAT is the only real option.
by EricCartman (2024-02-08 09:05:18)

In reply to: We'll just have to settle for wealth taxes  posted by Raoul

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Pelosi floated the idea back in 2009. Obviously it didn't go anywhere. That said the VAT is how Europe pays for their social spending.

Since cutting spending is not on the table, I'm okay with a VAT. Our debt is exploding, and if more revenue is the only answer then so be it. The fiscal conservatives had their chance, and they never seized the moment. Now we are left with only bad solutions to what was a solvable problem.



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