Bernanke Wants A VAT Tax

Bernanke Sounds a Warning On Growing Deficit - Just as in an earlier post about less than 50% of US households pay income taxes, this is the second new theme of the monetary elite to manipulate the public into support a VAT tax for the US.

Value-Added taxes are paid by all and this can be a fair tax but when collected along with confiscatory tax rates for successful working Americans, the outcome is criminal politics where a minority of prodctive Americans will be looted by the government in the name of the majority.