VAT Tax

[n david]

I've read some news from yahoo and other places that Volker is pushing a VAT tax and BHO and some in his admin are inquiring as to whether it would work.

I'll say honestly I don't know what the VAT tax is, other than it's mostly a European thing. What I've read from comments is bad.

Anyone know more about the VAT tax, what it involves, what the impact is on businesses and consumers. I'd especially like to hear from anyone who lives or has lived in a country that had a VAT tax.

Thanks.