A value added tax, or VAT for short, is something that has been floating around Washington for some time now as a solution to help the trillion dollar deficit woes. Most Americans probably do not know what a VAT is, considering it is a fairly recent European idea, but they are probably wondering how it will personally affect them and their families. Well, you better open your eyes and smell the taxes because a VAT is coming to a store near you. Started by the French in 1954, a VAT has now been implemented throughout the European Union and many...