Should the US adopt a VAT tax?

[thranx]

Joelcool7 said:

Viper1 said:

We do have states with sales tax, fellas. Some as high as 10.25%. In fact, only 5 out of the 50 don't. Plus we tend to have county and city sales taxes on top of that.

State taxes is not a VAT tax. We here in Canada have always had provincial taxes sometimes up to 10% in the past as well. The VAT is on top of that its a country federal tax which funds the federal Government. Each State having a tax doesn't mean that a VAT tax isn't needed. Now I understand in area's with 10% state tax you'd be reluctant to have another tax added onto that. However desperate times call for desperate measures the US Gov is drowning in debt and such a tax could save your country.

Everyone hates taxes, but nobody can deny that the GST in Canada and VAT taxes in other countries has helped those countries through this recession where the US has been hit really bad. Just look at how well Canada did or many of the other VAT tax countries, sure some didn't fair that well but the tax has helped many of our countries immensley.

The US could really use a federal VAT tax!

we do not have a revenue problem. We have a problem of the government overspending and not living with in its means. Our tax code has become a joke with too many loopholes. The solution to that is not too add more taxes on top of that, its to fix the tax code to close loop holes and make sure people pay their fair share, and to to fix our over spending. I would be for a vat tax if we are going to remove all other taxes and have a three tiered vat tax (essential items no tax, general items a low tax, and luxury items a high tax).