Current Event: OPINION Resist the value-added tax: Opposing view

Republican Senators Ted Cruz of Texas and Rand Paul of Kentucky are proposing the VAT (Value Added Taxes) to pay for cuts in income taxes. The Value Added Tax can pull in billions every year. Congress will never fully take away taxes, it would layer the VAT on top of existing levies. Only going up one percent can still bring in $150 million in revenue per year. Congress keeps steadily and steadily raising our taxes year after year by small fractions that do not seem like a lot but they are. I strongly do not want the VAT to go into effect because there is no reason for people to continuously pay more and more every year to our government. This will effect the world and me because it will start riots and boycotts because I’m sure no one else wants to pay more money for taxes that go to our goverment.

http://www.usatoday.com/story/opinion/2016/02/03/value-added-tax-vat-economics-congress-editorials-debates/79778902/