Posted on 08/30/2011 9:32:36 AM PDT by 92nina
...President Obama, who in April 2010 deemed a VAT “something that would be novel for the United States”, announced on Monday his intention to nominate Princeton University’s Alan B. Krueger to head the Council of Economic Advisors. In a 2009 blog post for the New York Times, Krueger wrote: “Why not pass a 5 percent consumption tax to take effect two years from now?”
Even when pressed, the Obama White House has never ruled out a VAT. As the timeline below illustrates, those in and around the White House have been flirting with a VAT from the earliest days:
December 18, 2008: The Obama transition team announces VAT advocate Ezekiel Emanuel’s appointment as special advisor for healthcare at the Office of Management and Budget. Emanuel had long pushed for a VAT as a way to pay for government-funded universal healthcare.
Sept. 25, 2009: John Podesta, former head of Obama’s transition team, floats the VAT on Bloomberg Television’s “Political Capital with Al Hunt”: “There’s going to have to be revenue in this budget,” said Podesta,
A so-called consumption tax would “create a balance” with European and Japanese economies and “could potentially have a substantial effect on competitiveness,” said Podesta. Podesta said such a tax may be regressive, but can be balanced by exempting some products and using “the money to support low-wage workers.”
Sept. 29, 2009: Obama advisor Paul Volcker suggests a carbon tax and a VAT as a way to raise large amounts of revenue. "Those are the two big ones. I'd love to see the expenditures held in check so we don't have to do that."
Sept. 30, 2009: The Center for American Progress—a group with close White House ties—releases a draft report encouraging the Obama Administration to consider a VAT. The report concludes...
Read more: http://www.atr.org/white-house-signals-new-push-value-a6414#ixzz1WWuxmhiy
(Excerpt) Read more at atr.org ...
VAT has made made tax evasion a national sport in the EU
$670 BILLION In Tax Increases Under Obama!
The House Ways and Means Committee released a list today of the more than $670 billion in tax increases that Democrats have signed into law since January of 2009, when Barack Obama took office. The list includes “at least 14 violations of the President’s pledge not to raise taxes on Americans earning less than $200,000 for singles and $250,000 for married couples,” totaling more than $316 billion in tax increases for middle class families. Texas Congressman John Carter takes it a step further, outlining additional tax increases that are scheduled to take effect automatically over the next three years.
http://www.redstatereport.com/2010/04/670-billion-in-tax-increases-under-obama/
The "poor", or those on food stamps, will still dine well. They won't have to pay for anything. They'll still be referred to as "the poor", but will eat like kings.
Democrats do plan ahead on their campaign lies. Now if we could just get them to plan ahead on the business of government.
You can guarantee a US VAT will be set up so authority to raise the VAT rate handed off to some bureaucracy like the IRS so no Congress-critter will ever have to go on record as voting to raise it.
NO tax hikes, not new taxes, not one more dime for DC.
We do not have a taxing problem in this country, we have a spending problem. EVEN if you tax every penny over $250,000 at 100%, you still only get enough money to fund the Federal Government for 141 days.
I’ma put it to you this way, Barry, you sissy.
Put a VAT tax on goods in this country and so help me God I will never buy anything from inside the borders of the USA again.
I’ll leave the country if I have to.
I ain’t payin you one mother ****in cent more, ya feel me?
Soros' and Obambi's ultimate dream would finally be realized.
The problem is not the method of tax COLLECTION. The problem is SPENDING. We have to get that under control first and the first step to accomplishing that goal is to get Obummer and the Dems out of office.
I have great faith that the conservative republicans in the senate will oppose this measure——NOT.
Awaiting the blathering RINO’s to go at a full gallop in support.
“Why not pass a 5 percent consumption tax to take effect two years from now?”
Why not 50% immediately? /s
Murphy’s Law is swaying in the wind on this one.
The federal government is eyeing the crumbs left on our diminishing plate and wondering why we need to keep so many crumbs. FUBO!
Agreed
Would the imposition of a VAT have to be voted on by the congress and or senate???
IOW: Redistribution.
Excerpt:
* * * Officials with the U.S. Attorney’s Office said on August 24 that the coins are contraband The Secret Service, the federal agency responsible for confiscating counterfeit money, did not provide any definitive comments concerning under what circumstances Liberty Dollars would be seized, according to Paul Gikes of Coin World.Obama's corrupt government and the Federal Reserve planned this move in advance -- to strip all careful investors of their silver holdings. The government lured you in with a horrific "bait and switch" scam. Now they plan to rape you without mercy. A few people argue that Bernanke ought to be strung up by mobs in the street -- but such lawless conduct will never happen. Not ever. "Mr B" is untouchable as is King Zero.The coins are illegal even if they are not used for barter, the feds insist. Jill Rose, chief of the August 24 that the Liberty Dollar medallions are confiscable as contraband if they are being exhibited for educational purposes or held privately. * * *
We as a nation don’t have silver, and silver is acting like a currency lately.
This is a cheap way to get some silver, and get the average Joe to worry about not buying gold or silver because the gov might just take it way.
Can’t have the sheeple waking up tooo soon, now can we?
Apparently Obammy feels the economy isn’t depressed enough.
1. If the law says that a consumption tax is implemented upon repeal of the 16th amendment, I’m OK.
2. NST beats VAT, because the voters feel it when they pay.
3. I don’t see how transferring more money from private hands to the government will help the economy.
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