Quote:
Originally Posted by Skip Wyona
A valid fear. In any case, a VAT would be almost impossible to legislate in the USA because, unlike Europe which only has to deal with one government to try to make changes, the USA has to deal with 50 different governments. Still there are many types of VAT ideas that can be considered. I am curious about the possibilities in any quest to revise the entire tax code.
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Actually the EU is now old enough so that it's warts are showing and it is becoming difficult for it to act even though it is in a perilous state. The US govt has more control over its 50 states than the EU has over the "
sovereign" nations that comprise it, and unless the EU is ready to "federalize" all it's nations, which would require the will to go to war, which it doesn't have, it can only push those nations so far.