VAT: A Hidden New Tax to Finance Much Bigger Government (video)

Nancy Pelosi has mentioned the Value Added Tax (VAT) as a way to pay for Congress' drunken sailor spending habits. What is the VAT?

From YouTube:

This Center for Freedom and Prosperity Foundation video explains why a value-added tax would be a dangerous money machine for big government.

The Value Added Tax: A Hidden New Tax to Finance Much Bigger Government (video)