[nopardons]

Cruz doesn’t know ANYTHING at all about finance, business, taxes, or anything else. He is NOT “brilliant” and has NO ideas of his own, other than dreaming of having lots of money, power, adulation, and sex.

[Hanna548]

Don’t forget being King of a North American Community of which his wife is Queen.

[Just mythoughts]

Cruz doesn’t know ANYTHING at all about finance, business, taxes, or anything else. He is NOT “brilliant” and has NO ideas of his own, other than dreaming of having lots of money, power, adulation, and sex.

Well, he has 'brilliantly' deceived many people... But I do agree that Cruz is like a sponge.. nothing original about him.. but he is keen on where/what/who to attach himself to hone his deceptive skills. He does have the 'begging' act down pat.

[Just mythoughts]

There is another bizarre thing about Cruz's VAT tax... I remember back when Clinton/algore attempted to ‘sell’ US on a VAT tax and Rush went ballistic over such a socialist idea... I have yet to read one word (I stopped listening to Rush in 2012) about Rush having any problems with a so called ‘consistent’ conservative, closest to Reagan, since Reagan, proposing a VAT tax. There is something strange that has darkened over the supposed ‘conservative’ wing of the GOPe.

[Sir Napsalot]

I find it hard to believe “Cruz doesn’t know ANYTHING at all about finance, business, taxes, ...”, marrying to his wife for how many years now?

He at the very least should have known basic Finance 101 and Econ 101. I just think he made a compromise with the Wall Street backers and trying to pull wool over ‘simple folks’, thanks to Fai Mao's excellent explanation.

[combat_boots]

I don’t remember how to make a graphic smaller: How a VAT works

https://papundits.files.wordpress.com/2010/12/b2503_chart1_750px-ashx.gif