Paul Volker has spilled the beans before the election. If we allow them to stay in power, Democrats will sooner or later push for a VAT tax. And that’s just for starters. Volker talked fondly of a carbon tax, too.
Every time in the past 80 years we have allowed the Democrats to gain too much power, they have pushed, often successfully, tax slavery. This latest push is more of the same. Look at the tax rates FDR and LBJ inflicted on us once they gained enough power in Congress. So do NOT think, “Oh surely they won’t do that.” They will if we let them. Do not think the Democrats have outgrown their fondness for slavery.
I may revisit this subject again.