AM 1450 KMMS - Bozeman's News Talk Leader » consumption http://kmmsam.com Sat, 25 May 2013 20:49:45 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Is It Time for The US To Consider a VAT Tax? http://kmmsam.com/is-it-time-for-the-us-to-consider-a-vat-tax/ http://kmmsam.com/is-it-time-for-the-us-to-consider-a-vat-tax/#comments Tue, 17 Apr 2012 12:00:20 +0000 Tom Egelhoff http://kmmsam.com/?p=55645 A VAT tax is simply a “Value Added Tax.” It’s a tax on consumption, not on production. It works a little like a sales tax except that taxes are added and deducted up and down the sales ladder

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