Both Brothers Judd and Extreme Wisdom have jumped on the bandwagon of a story from New Zealand which concerns lowering income taxes in exchange for raising the GST / VAT. I laugh at the concept. Tax cuts are temporary, new taxes and tax increases are permanent. Especially here, we might get a few years of a revenue neutral shift but soon enough the old tax would be raised back to the original level.
I would be more impressed if anyone could cite a place where this shift actually happened and lasted more than a decade. Certainly when we look around at other Anglospheric nations we see a common mode of failure in this regard. Why should we expect different results from the same actions in the future?
If, in exchange for a VAT, the 16&th& Amendment was repealed, I would be all for that.