“It's a hidden tax that's very easy to raise and it's frighteningly efficient. Even a 1 percent increase in value-added tax rates gives the government a whole lot more money to spend. In Europe they can't resist that.”
“If you have a value-added tax you will have bigger government. When the dust settled 10 years in the future, we would have the same income tax as we do now and a giant money machine called (a value-added tax).”
“D.C. would be the Hong Kong of America. Income and wealth would go up so much that there would be a huge influx of tax revenue for the city. It would be a mecca.”
