Will Republicans Hand the Left a VAT Victory?

Daniel Mitchell, WSJIn a recent interview on these pages, presidential candidate Mitt Romney refused to rule out a value-added tax (VAT). He suggested that this hidden form of a national sales tax"”which is embedded in the prices of goods and services during the production process"”might be appropriate, particularly as a way of financing other tax cuts.He's not the only Republican to speak favorably of a VAT. Herman Cain's 9-9-9 tax plan featured a flat tax and national sales tax. Very few people realized, however, that the final 9 was a VAT.  

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