Obama suggests value-added tax may be an option

The surest way to further reduce standard of livings for all is to reallocate capital from the private to public sector. It is also political death. Still, what seems unlikely and unproductive now, could be unexpectedly embraced in the troughs of desperation.

President Barack Obama suggested Wednesday that a new value-added tax on Americans is still on the table, seeming to show more openness to the idea than his aides have expressed in recent days.

Source: news.yahoo.com