Luttwak, Edward N., “The Endangered American Dream,” Simon & Schuster, New York, NY, 1993

“…(V)alue-added taxes would directly attack the central problem of the US economy: overconsumption, which arithmetically results in undersaving, which almost arithmetically results in underinvestment, which absolutely results in the undercapitalization research and development, public infrastructures, and private plant and equipment,” p. 295