August 2, 2004

VAT fan

Wow.... the Republicans must really think the average U.S. citizen is retarded. Here's Drudge:

A domestic centerpiece of the Bush/GOP agenda for a second Bush term is getting rid of the Internal Revenue Service, the DRUDGE REPORT has learned.

The Speaker of the House will push for replacing the nation's current tax system with a national sales tax or a value added tax, Hill sources tell DRUDGE.

"People ask me if I’m really calling for the elimination of the IRS, and I say I think that’s a great thing to do for future generations of Americans," Speaker of the House Dennis Hastert explains in his new book, to be released on Wednesday.

Of course, before you start creaming your jeans at the thought of no more IRS, read Matthew Yglesias' sobering reminder.

I'd also like to add that the European Union has a value-added tax, and guess who's a member of the EU -- France!

Posted by Jeffrey at August 2, 2004 12:12 AM
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