Networks Fail to Report VAT Tax Since Volcker Call for Tax Increases

April 14th, 2010 2:00 PM

Networks Fail to Report VAT Tax Since Volcker Call for Tax Increases 
As taxpayers rush to beat the IRS deadline, a new tax is rumored to be coming down the road. White House adviser Paul Volcker said on April 6 that value-added taxes are 'not as toxic an idea' as they had been. The networks remained silent, but some online news media praised the consumption tax as 'efficient' and the 'only option.'

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