My thoughts, precisely.
I hope that Mitch Daniels was thinking of a national consumption tax, and misspoke when he called it a VAT, which is quite different.
If he really supports a VAT, then he's toast with conservatives.
“If he really supports a VAT, then he’s toast with conservatives.”
I agree. I will never even consider supporting someone who wants a VAT. The VAT is the worst post tax scheme. It is a vast money maker with little visibility and accountability. The rats would go wild with a VAT.
A flat tax OR a national consumption tax is looking at—not both.