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Ted Cruz has a Good Idea

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bigmac

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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.
 

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