I’m out of the stock market in full. I have some rental units I own for income. I figure once the demographics shift for good because of immigration in the next 10 years or so our new overlords are going to do some kind of VAT tax. That sucker will bring in billions of dollars.
—...some kind of VAT tax. That sucker will bring in billions of dollars.—
And since it doesn’t actually “create” dollars, I assume it means it will bring them in from “someplace else” which will be missing billions of dollars. And then there is the huge gray market it will create. Not to mention barter. ;-)