“The European VAT is close enough to a national sales tax.”
That is bull crap and is an out right falsehood.
Europe's VAT Lessons - WSJ.com
online.wsj.com/.../SB1000142405270230419800457517219062052...Apr 15, 2010 A VAT is essentially a national sales tax that is assessed at each stage of ... or because of them, revenues won't come close to paying for the ...
Value Added Tax is Wrong for the United States
www.heritage.org/.../the-value-added-tax-is-wrong-for-the-united-sta...Dec 21, 2010 A sales tax and a VAT designed to raise equal amounts of revenue would raise ... operational national retail sales tax in the form of a VAT would make good sense. .... European countries have a long history of administering the VAT, but ... for a VAT large enough to close massive current and future deficits. ...