Bartlett, Bruce, “The Case Against the VAT, The real arguments and the phonies, Forbes.com, 04/23/10

“(I)t goes without saying that we would never impose a VAT until well after the economy has returned to reasonable health. And it also goes without saying that a VAT would have a heavy economic cost even if that cost would be far less than that from an equivalent income tax rate increase. But, as noted earlier, a VAT is never going to be seriously considered unless the need is overwhelming. That will be when large deficits are imposing costs on the American people that are even worse in the form of inflation, high interest rates and economic instability.”