Skip to comments.Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look
Posted on 05/27/2009 2:33:22 PM PDT by Dubya-M-DeesWent2SyriaStupid!
Levy Viewed as Way to Reduce Deficits, Fund Health Reform
With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax.
(Excerpt) Read more at washingtonpost.com ...
This needs to stop.
Sales tax w/o income tax: not innovative, totally unacceptable
Sales tax WITH income tax: innovative, refreshing, and ubundantly do-able.
My understanding is it would take a 15% value added tax to cover the cost of nationalized health care. This is a tax on everyone, nut just the hated rich. I’d be willing to bet a lot of money on the outcome of this idea. I hope the Dems try it. Talk about the tax and spend label the Republicans could use against the Dems.
looks like an absolute replication of Canada’s Goods and Services Tax (GST), which all goes to pay for socialized medicine.
The other name for that is the “ Gouge and Screw Tax”
Obama could trial balloon in the media the idea of us all eating only goats and their milk and all have to pay for health care for illegals with a tax and the media would go for it and promote it until done.
Fox News was the only article in a google search that said this was a bad thing.
a VAT is not a sales tax. Its a hidden tax imposed at every stage of production
Bartering will reach all time high.
Paychecks seem to be gutted and gutted more. If you bust your ass and work doing skilled labor all day and into OT by the time you pay the tax on the OT you may as well just give up and die.
Since when is adding a new tax on top of all the other taxes an “unthinkable” thing in DC?
If the Dims retain control after 2010 by the time the Anointed One comes up for reelection our pay checks will be transmitted directly to the US Government and then it will be divided up to the States and the local governments and the pitiful remainder may get sent to us.
This will let Obama control us and the States and if they do not toe the leftist line they get nothing.
At the end of the year, they’d probably kick in a big tax credit for those making under a certain amount...cancelling out what they had had to pay in value added tax...betcha that’s the plan. We’ve got to keep those welfare families happy, and what better what than to exempt them from the taxes everyone else pays.
The IRS will never be abolished stop posting Obamafalsehope.
There is a distinct lack of the word "cuts" in all discussions of government revenue.
Obama plots raising taxes on the 95% he promised not to, again...
“Do you know how many things that LOOK like they would never pass that have?”
It’s not the Dem style to pass any tax increases they have to own up to. They always get our money through the backdoor, either by inflating the currency or taxing someone else so the cost trickles down and is harder to correlate with the government. Most people have no idea how many taxes they pay as a result of tax costs being passed down to them by large and small businesses. When the price goes up, people blame the vendor for gouging them. If the Dems passed this 15 to 20 percent tax you’d see the cost for everything go up within a day of the bill taking affect. If you bought a car you’d negotiate a price then when you got the invoice there would be that 3 thousand dollars tax added on at the bottom. You’d know exactly where it came from and who did it. Dem’s don’t like facing the music of their actions.
At a White House conference earlier this year on the government's budget problems, a roomful of tax experts pleaded with Treasury Secretary Timothy F. Geithner to consider a VAT. A recent flurry of books and papers on the subject is attracting genuine, if furtive, interest in Congress. And last month, after wrestling with the White House over the massive deficits projected under Obama's policies, the chairman of the Senate Budget Committee declared that a VAT should be part of the debate.
There is a growing awareness of the need for fundamental tax reform," Sen. Kent Conrad (D-N.D.) said in an interview. "I think a VAT and a high-end income tax have got to be on the table."
A VAT is a tax on the transfer of goods and services that ultimately is borne by the consumer. Highly visible, it would increase the cost of just about everything, from a carton of eggs to a visit with a lawyer. It is also hugely regressive, falling heavily on the poor. But VAT advocates say those negatives could be offset by using the proceeds to pay for health care for every American -- a tangible benefit that would be highly valuable to low-income families."
It will destroy what manufacturing base there is left in this country as a 10 or 15 percent VAT will add an additional 20-50% on US manufactured goods.
They will present it as our only HOPE and blame Bush when everyones bitches when it hits.
Gee, I thought only the rich making more than $250,000 were going to be taxed more and the rest of us were getting a tax cut...Obama lied and our economy died.
I meant to post the link in post # 6 as this article but when googling could only find the comPOST piece at the time.
Regardless of the demented media, conservatives need to keep the idea of a 10% sales tax and abolition of income tax and the IRS on the table.
“By the time the 2010 elections come around the Dims will have the US so wrapped up in communism that the sheeple will not allow the probable new Republican majority to correct the course of the vehicle before it runs over the ledge. They will be so attached to the scraps (freebies) that Obama tosses to them.”
2010 will be the largest case of voter fraud in the history of humankind.
A new sales tax? that’s one way to guarantee this recession turns into a depression.
Oh Yeah!! A national sales tax right along with the income tax.......I can see them lickin their lips and rubbing their hands. Well they can just rub “THIS” and “LICK” that.
They’ll have a tax revolt that mama always warned’em about
Most are surprised by this.
We’re still watching the previews. The feature has yet to begin.
These are not liberals, folks.
And until something is done, every election that follows
The names may change, but the marxism will remain the same.
but I guess those idiots still think this won’t hit those making under $250K
Looks like cap and tax ain’t going to fly now we are onto a VAT tax?
But, but what about the 95% of us that were gonna get a tax break?
National Sales Tax Gets Fresh Look; Rahm Emanuel’s brother advises 10% VAT...
Washington Post | 5/27/2009 | Lori Montgomery
Posted on 05/27/2009 5:38:44 AM PDT by demoskowitz
Remember how the media would always talk about Reagan taking a "fresh look" at tax cuts?
Neither do I.
And will welfare recipients be exempt? Will they carry special exemption cards? And how much will they charge non-exempt people to buy flat screen TVs for them?
Look for the underground economy to boom.....big time.
This might actually be a good thing if were coupled with an income tax reduction at the upper levels. Too many people in this country no longer pay taxes. I think taxes should be low, but also fair—I don’t think anyone should get a free ride.
Unfotunately, we will like get both income and sales tax increases.
How could this be Constitutional?
Of course such questions never enter the mind of politicians and most judges these days....
“”I think a VAT and a high-end income tax have got to be on the table.”
My favorite quote. Believe it or not, “high-end” people (i.e., people with their butts in the air when they walk) already pay income tax, and they pay a h3ll of a lot more than the lower classes.
By the way, this only reinforces my decision to spend $7,000 in the past year to buy every non-perishable that I could think of (particularly light bulbs). And likely, I’ll be buying a new car soon...so Obama may get his VAT, but he’ll collect very little of it from me.
Please do not confuse a “value added tax”
with a “national sales tax”
they are completely different animals.
Oh really! What about after the tax hits? Will the country still be out of recession?
I wonder what the UAW will think about that.
The solution is the FairTax -— www.fairtax.org
There are bills pending in both the House and Senate aimed at eliminating the federal income tax and the IRS, replacing revenue with a national retail sales tax. This would be a tax on consumption, not production. Consumers could control the amount of taxes they pay by adjusting their spending habits. It would encourage savings and investment, and result in an unprecedented economic boom in the U.S. There are no loopholes, no tax returns for individuals or business. The sales tax would be collected by the States using their existing mechanism, and the States would then forward the federal portion to the U.S. Treasury.
The FairTax means no federal withholding tax, no Social Security tax withheld from salaries, and no Medicare tax withheld from salaries. Some 60,000 pages of IRS code, regulations, instructions and forms goes into the trash can, along with at least $250 billion a year that individuals and businesses currently pay just to comply with the obscenely complex federal income tax system.
Tourists coming to the U.S. would pay the tax. Illegal immigrants and other crooks could not escape the tax when the purchase goods and services, except to the extent they use a black market for certain items.
Many people say the FairTax will never get enacted. I suppose the same people didn’t believe the Evil Empire (USSR) would now be history as a result of President Reagan’s bold initiatives.
“At the end of the year, theyd probably kick in a big tax credit for those making under a certain amount.”
If they did that there would be little money in revenue, defeating the purpose of the tax.
“Weve got to keep those welfare families happy, and what better what than to exempt them from the taxes everyone else pays.”
Welfare families already vote for Obama. It’s the middle income that supported him that would rebel.