U.S. Sales Tax Gets Fresh Look

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scottm
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U.S. Sales Tax Gets Fresh Look

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Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look
http://www.washingtonpost.com/wp-dyn/co ... 09_pf.html
With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax.

Common around the world, including in Europe, such a tax -- called a value-added tax, or VAT -- has not been seriously considered in the United States. But advocates say few other options can generate the kind of money the nation will need to avert fiscal calamity.
With Europe doing it, you know Obama will want to do it, too.
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