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[ Taxes ]
Video: Dangers of Value-Added Tax System
19 October 2009
Center for Freedom and Prosperity Foundation
The Center for Freedom and Prosperity Foundation's new video explains why a value-added tax (VAT) would be a dangerous money machine for big government. The evidence from Europe is clear. The crippling expansion of government in Europe over the last several decades was made possible by the VAT. In fact, the evidence also shows that VATs actually lead to higher income taxes.
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