Bowles, Erskine, Bipartisan Deficit Commission, “Balancing the Budget,” Andrea Mitchell Reports,, 04/27/10

Erskine Bowles: “I don’t think anybody’s gonna look at a value added tax without taking into account the income taxes.  You know there’s a lot of good arguments for a consumption tax as opposed to taxing wages or savings.  But, we can’t take startin’ this thing by takin’ things off the table.  We’ve gotta put things on the table and then we’ve gotta find some common ground that we can bring this budget back into balance.  We’re gonna have trillion dollar deficits as far as the eye can see if we don’t, and this country’s gonna become a second rate power, you know, just by not takin’ the tough stands.”