Tweeted this last night, but it’s worth its own post. There’s a lot to like about Ted Cruz, but his insistence that his new tax plan doesn’t contain a VAT, thus giving advocates of big government another revenue stream, is an annoying dodge. I wish he’d drop it, and the VAT.
It’s not my role to pick sides in political fights, but I am very interested in trying to make bad ideas radioactive so that politicians won’t be tempted to do the wrong thing.
This is why I’m a big fan of the no-tax-hike pledge. The folks in Washington salivate at the prospect of getting more of our money, but they are less likely to act on their desires if they’re scared that breaking their promises means they’ll lose the next election.
It’s also why I want the value-added tax (VAT) to become a third-rail issue. Simply stated, it would be a catastrophic mistake to give Washington an additional source of tax revenue. Especially since the European evidence shows that it’s a money machine to expand the welfare state.
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