Detailed text transcripts for TV channel - FOXNEWS - 20100407:22:52:00
Trillion a year. the europeans have it at levels of about 20%. it's addicting. if you raise it a half a percept or one you get a lot of money and nobody really notices and the v.a.t. is not quite a sales tax, because a lot of it is hidden. >> chris: each part of the production, the manufacturer, the supplier, the manufacturer, the retaile ereta each one add their part of the tax. >> that's why politicians love it because a lot of it is hidden in the price of the item. only a bit of is it on the surface as a tax. i think ultimately it will enacted. obama as a candidate would never speak about i...