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To: avacado
For clarity: She wasn't talking about the 9% corporate tax as a VAT. She was talking about the 9% sales tax as being a VAT.

No, she was talking about the 9% corporate tax.

There was a paper issued by the CATO institute a couple of days ago that made the same argument. That's where Bachmann got the talking point from. It also made the same omission Bachmann did. It never mentioned the current 15.3% payroll tax.

22 posted on 10/19/2011 8:37:39 AM PDT by Brookhaven (I oppose an electric border fence, because it might kill the alligators in the moat)
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To: Brookhaven

Thanks for the correction.


23 posted on 10/19/2011 8:39:31 AM PDT by avacado
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