What will the value-added tax (VAT) mean to seniors on fixed income?

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Dear Bob,
What will the value-added tax (VAT) mean to seniors on fixed income?

A: The cost of everything you buy will go up, meaning you will have to stretch your income further to make ends meet. The VAT will be a drag on the economy and will affect everyone, particularly people with low or fixed incomes.

Best Wishes,
Bob

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.