While most of Ted Cruz's ideas are ridiculous, his proposal to implement a 19% Value Added Tax (VAT) actually has some merit. Unfortunately, most Americans hate this type of European style tax.
http://www.vox.com/2015/12/8/9866726/ted-cruz-electability
I part ways with most liberals who think VATs are regressive. Rather I believe that VATs are a great way to reach previously untapped areas of the economy (i.e. the word of the very rich and the black market).
Thanks for bring this up Ted.
http://www.vox.com/2015/12/8/9866726/ted-cruz-electability
I part ways with most liberals who think VATs are regressive. Rather I believe that VATs are a great way to reach previously untapped areas of the economy (i.e. the word of the very rich and the black market).
Thanks for bring this up Ted.