How would you like a 6.5% national sales tax on top of your state sales tax?

"Confirming once again that the clueless government would rather risk a populist backlash than actually cutting costs (recall that federal worker compensation has surged in the past 5 years), it appears that the long-stirring debate over a value added tax may be about to materialize into something tangible."
Proposal courtesy of a former Federal Reserve vice Chairwoman, now working for Obama:

http://www.zerohedge.com/article/65-vat-coming

Witness the ever worsening cannibalization of the American tax payer...