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To: heckler
There is a huge difference between a national retail sales tax and a "Value Added Tax."

Count me among the confused...

183 posted on 04/17/2003 2:21:41 PM PDT by k2blader (Pity people paralyzed in paradigms of political perfection.)
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To: k2blader
A national retail sales tax is a tax levied ONE TIME ONLY, that time being the point of final retail consumption.

A Value Added Tax (VAT)is a tax that levies additional tax at every production step, including the final sale. BTW, the flat income tax is a VAT.

Look here for lots of quick info.

187 posted on 04/17/2003 5:05:17 PM PDT by Principled
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