Xoutpost.com - Yay socialisim...yay...

http://money.cnn.com/2008/12/01/news...ion=2008120206

And the crushing reason why socialism fails:

Quote:

European governments have typically seen VAT hikes as an easy way to raise revenues during a recession. In some countries, government spending is more than 50% of national income. The results have been fiscal stability, but lackluster growth and a dearth of dynamism and entrepreneurship.

You do a VAT in the US and you can kiss "good-bye" to all those small businesses middle-America is so proud of.