On the recordJanuary 6, 2011
I argued strenuously for a VAT tax or a consumption tax in whatever form to be part of the package.
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congress.govI argued strenuously for a VAT tax or a consumption tax in whatever form to be part of the package.
Conrad advocates for including a VAT or consumption tax in tax reform.
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I would say to you, as I looked at this, I saw Social Security as the bedrock.
If we are going to provide tax incentives for people to have retirement savings, then it should not be used as a piggy bank to pay for other things.
We create a basic minimum benefit that will apply to about 10 percent of Social Security.