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echo: matzdobre
to: Bob Ackley
from: Jeff Binkley
date: 2010-04-22 17:21:00
subject: VAT

BA> JB> Obama suggests value-added tax may be an option

BA>Only if the congress abolishes the income tax and the states ratify
BA>the repeal of the Sixteenth Amendment.

Steve Forbes and I have had that very discussion a number of times for 
the flat tax and VAT.  He is for repealing the 16th amendment and 
putting in a flat tax, period.  Not repealing it will allow Congress to 
make it incremental.


Jeff

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