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| Implementation of VAT would represent huge tax change |
| William F. Roth III
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| Published: October 19, 2009 |
A couple months ago, I commented that the U.S. is the only major industrialized nation without a value-added tax or national sales tax on goods and services. Well, earlier this month, House of Representatives Speaker Nancy Pelosi commented on “The Charlie Rose Show” that a VAT may be part of a larger reform of the Internal Revenue Code. |
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