The Corner

A Surprising Turn for the VAT

Early in Obama’s administration, Grover Norquist warned conservatives that the new president was plotting to bring America a European-style value-added tax, or VAT. Now a VAT is being proposed by. . . Rand Paul and Ted Cruz. At Bloomberg View, I go into the appeal of their idea, and the drawbacks. (disclosure)

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

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