Value added tax (VAT), which is already in use in more than 130 countries, is looking more appealing to legislators who need to find cash to combat the growing federal deficit.
A VAT for the USA? [1] | Source: The Big Fat Finance Blog [2].
Links:
[1] http://bigfatfinanceblog.com/2009/05/28/a-vat-for-the-usa/
[2] http://bigfatfinanceblog.com