Even Fortune Magazine agrees! And like most Americans, I'm with them! "The rub is that once a VAT becomes law, it's bound to grow far larger. And no country that has ever enacted a VAT has seen is repealed. "A VAT would permanently increase the size of government," says Foster. Indeed, it's been the engine that's raised government spending as a portion of national income, frequently to well over 50%, in every country that has one, from Germany to Japan. Once the VAT gets its nose under the tent, the beast will follow." Beware the VAT: Why the consumption tax is possible - Aug. 11, 2010 Very interesting (and complicated) article to read....scares the poop outta ya too!