Comparatively, the US does have lower overall rates, and could it possibly be that these have spurred some growth whileas the European Union’s main growth driver is Eastern Europe. Now that source of growth is being reined in. So could this initiative really be a way to constrain US growth, so that future European growth doesn’t look so bad?

While US tax rates will likely go up in the not to distant future, US legislators and the IRS should avoid the European and Canadian VAT model. US tax revenues can be increased through creativity and fairness. We should not levy a high VAT on sales, which are already being taxed at the state level. Since the US economy is dominated by consumer spending, clearly it is unwise to reduce the volume of this spending through burdensome taxes. A more efficient tax model, when combined with more efficient government, should yield a significant improvement in tax revenues. A VAT, while deceptively simple, should be a last resort, since it will stifle any existing economic advantages the US currently enjoys over its European rivals.

“Migration” in this context equates to free will and hence the eventual loss thereof to the collective “betterment”. Governments, Continents, new World Bodies should not be allowed to set prices or taxes anymore than companies formed in cartels.

Wake up