The US bureaucrats look with longing on the European model and salivate over the prospect of inflicting the same system on us. Currently Most European countries' governments plunder between 40 and 48% of their respective GDPs primarily because they have BOTH an income tax and a national sales tax.
The USA "only" loots about 19% of the GDP because an income tax allows avoidance strategies - deferring income etc. A sales tax is essentially unavoidable. Your money does no good until you spend it, and then when you spend it you get taxes. A national sales tax also gives the double whamnmy to anyone with savings (wealth), because if you have savings, you were taxed on those savings, and now they're going to want to tax you again when you spend he savings. It's an economic nightmare for the working class who make up the private sector and a wet dream for the looting class that makes up government.
Yep. That sums it up.
When the left goes on and on about how we should be more like Europe, they don’t mention how UNfree they are, how almost FEUDAL they are. How UNconstitutional they are.
This nation does not need MORE taxes at this time.
And this issue is troubling. It is getting more so as time goes forward.
I was liking Cain, but I don’t have any idea who I would really want to run for the Republicans.