Governor Daniels Supporting Tax Increases?

By Scott Sarvay

October 15, 2010 Updated Oct 15, 2010 at 5:22 PM EDT

WASHINGTON (Indiana's NewsCenter) - While staying mum about a possible run for the Presidency, Governor Mitch Daniels did say he was open to the idea of a value added tax and a tax hike on imported oil.

Daniels made the comments while in Washington to accept the Herman Kahn Award from the Conservative Hudson Institute.

Citing a book written by Kahn, Daniels says it would be most useful to redesign the tax system to discourage consumption and encourage saving and investment.

He says one obvious possibility is a value added tax and a flat income tax.

Daniels also suggested support for increasing gasoline taxes to pay for expenses incurred by the importation of foreign oil.

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