Raise Prices On Everything

A fundamental problem with health care, or so we’re told by those who claim to be wiser than we, is that it’s too expensive. In looking to improve health care access, politicians are finding out that someone is still going to have to pay, “someone” being the taxpayer. The problem is that tax increases threaten the cushy lives of politicians. What politicians really need is an invisible tax that provides oodles of money for them to spend without the stigma of explicitly raising taxes. This is being considered in the form of a value added tax (VAT). One impact of this will be to increase the price of everything in the economy. Health care too expensive? Then raise the price of everything else so healthcare doesn’t look so bad! Brilliant! There are many more bad consequences that will flow from a VAT. Eric Staib explains the whole thing better than I could.

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