Today’s Daily Caller features an article from me about CEI’s entry in the EPA’s YouTube video contest on regulations, expertly produced by my colleagues Drew Tidwell and Nicole Ciandella.
The theme of the video contest is “Let your voice be heard.” The problem is that over-regulation drowns out your voice in a cacophony of commands and controls from the minute you get up in the morning until you go to bed at night. The Code of Federal Regulations is 157,000 pages long. And it’s still growing. Enough is enough.
Hopefully CEI’s video isn’t the only entry that makes that important point.
Today’s Daily Caller has an article by Wayne Crews and I making the case against the VAT, which is becoming a popular idea in this age of trillion-dollar deficits. Our main points:
-It would require roughly doubling the size of the IRS. Enough said
-VATs are untransparent. Sales taxes show up on receipts. VATs don’t. Knowing how much we are taxed is a fundamental right that preserves our ability to challenge excess government in a constitutional republic. A VAT would take that away.
-VATs increase over time. At least they have in 20 of 29 OECD countries that have VATs.
-VATs are prone to special-interest abuse. Politically incorrect goods are easily hit with punitive rates. In Denmark, people pay roughly triple sticker price for cars, for example.
Posted in Economics, Publications, Taxation
Tagged daily caller, denmark, irs, tax, tax day, taxes, the daily caller, tucker carlson, value added tax, vat