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Obama Admin. Mulling National Sales Tax: 'Value Added Tax' Has People Screaming To Heck With 'Vat'
WCBS-TV ^ | April 7, 2010 | Marcia Kramer

Posted on 04/07/2010 3:11:00 PM PDT by 2ndDivisionVet

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Then cap and trade, then amnesty, etc. By the time they're done, the Tea Party will be everybody but the 10% hard left.
1 posted on 04/07/2010 3:11:00 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Just vote them OUT!


2 posted on 04/07/2010 3:12:39 PM PDT by Jim Robinson (JUST VOTE THEM OUT! teapartyexpress.org)
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To: 2ndDivisionVet
Jose Barro, an economist for the Manhattan Institute, told CBS 2 HD that the vat might work if the government agreed to reduce personal income and corporate taxes at the same time.

Does anyone see that happening?

3 posted on 04/07/2010 3:13:00 PM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: 2ndDivisionVet

No VAT for FAT CATS!

They want VAT— then the income tax has to go.


4 posted on 04/07/2010 3:13:25 PM PDT by exit82 (Democrats are the enemy of freedom. Sarah Palin is our Esther.)
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To: 2ndDivisionVet

National Sales tax has me screaming: “To Hell with a National Sales Tax.”


5 posted on 04/07/2010 3:14:01 PM PDT by iowamark
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To: lowbridge

Eliminate. Not reduce. And Cap the VAT. Otherwise. NO B.O.


6 posted on 04/07/2010 3:14:06 PM PDT by Blogger
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To: exit82

Problem is with most nation’s you get a VAT and the income tax. Like Canada and Great Britain.


7 posted on 04/07/2010 3:15:12 PM PDT by Munson
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To: 2ndDivisionVet
Well, I know how hard-core liberal minds would see this: Obama is doing what is right, even risking his popularity. He is a true statesman.

Whenever they get impressed by political development, we can be sure that we are in DEEP trouble. LOL.

8 posted on 04/07/2010 3:15:28 PM PDT by TigerLikesRooster
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To: 2ndDivisionVet; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


9 posted on 04/07/2010 3:16:10 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: 2ndDivisionVet

Obama’s Health Care Fraud didn’t trigger civil unrest and violence, so he’s got to dig deeper until he finds something that will start the violence he seeks.


10 posted on 04/07/2010 3:16:28 PM PDT by savedbygrace (You are only leading if people follow. Otherwise, you just wandered off.)
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To: lowbridge
Does anyone see that happening?

HAHAHAHAHAHA!

11 posted on 04/07/2010 3:16:33 PM PDT by OB1kNOb (When injustice becomes law, resistance becomes duty. - Thomas Jefferson)
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To: 2ndDivisionVet

If this keeps up, a lot of folks are simply going to leave. As with the parable of the men at the restaurant (copied from another thread):

“Suppose that every day 10 men go to a restaurant for dinner. The bill for all ten comes to $100. If it was paid the way we pay our taxes, the first four men would pay nothing; the fifth would pay $1; the sixth would pay $3; the seventh $7; the eighth $12; the ninth $18. The tenth man (the richest) would pay $59.”

The 10 men ate dinner in the restaurant every day and seemed quite happy with the arrangement until the owner threw them a curve. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily meal by $20.” Now dinner for the 10 only costs $80. The first four are unaffected. They still eat for free. Can you figure out how to divvy up the $20 savings among the remaining six so that everyone gets his fair share? The men realize that $20 divided by 6 is $3.33, but if they subtract that from everybody’s share, then the fifth man and the sixth man would end up being paid to eat their meal.

The restaurant owner suggested that it would be fair to reduce each man’s bill by roughly the same percentage, being sure to give each a break, and he proceeded to work out the amounts each should pay. And so now the fifth man paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of $59.

Outside the restaurant, the men began to compare their savings. “I only got a dollar out of the $20,” complained the sixth man, pointing to the tenth, “and he got $7!”

“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar, too. It’s unfair that he got seven times more than me!”

“That’s true,” shouted the seventh man. “Why should he get $7 back when I got only $2? The wealthy get all the breaks!”

“Wait a minute,” yelled the first four men in unison. “We didn’t get anything at all. The system exploits the poor.”

Then, the nine men surrounded the tenth man (the richest one, paying the most) and beat him up. The next night the richest man didn’t show up for dinner, so now the nine men sat down and ate without him. But when it came time to pay the bill, they discovered something important. They were $52 short!

“And that, boys, girls and college instructors, is how America’s tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up at the table any more. There are lots of good restaurants in Switzerland and the Caribbean.”

If the tax system becomes any more punitive, many are simply going to eat at different restaurants, and the burden will suddenly fall on many who never realized how much of a free ride they were getting. That sort of thing won’t end well.


12 posted on 04/07/2010 3:16:45 PM PDT by Little Pig (Vi Veri Veniversum Vivus Vici.)
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To: Blogger

Create a monstrous deficient and then say you need tax money. Brilliant!!


13 posted on 04/07/2010 3:16:59 PM PDT by Sacajaweau (What)
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To: 2ndDivisionVet

As long as nobody who makes less than 250k pays not one penny. Just like he promised. What a Collassal Liar!


14 posted on 04/07/2010 3:17:07 PM PDT by screaminsunshine (i)
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To: 2ndDivisionVet

“Hell with vat”


15 posted on 04/07/2010 3:17:56 PM PDT by angelcindy ("If you follow the crowd,you get no further than the crowd")
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To: savedbygrace

The violence is going to come after they get voted out in the form of hearings, trials and jail time.


16 posted on 04/07/2010 3:18:22 PM PDT by DarthVader (Liberalism is the politics of EVIL whose time of judgment has come. Judgment Day: Nov 2, 2010)
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To: lowbridge

No, not any more than they’ll cut their wasteful spending.


17 posted on 04/07/2010 3:19:04 PM PDT by GunsareOK
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To: lowbridge
Does anyone see that happening?

Umm...no. It would negate the reason they'd be instituting the VAT in the first place.

18 posted on 04/07/2010 3:19:51 PM PDT by Bloody Sam Roberts (An armed man is a citizen. An unarmed man is a subject.)
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To: 2ndDivisionVet

In the 1970s, there was a congressman from CA(?) by the name of Al Ullman who proposed a VAT and went around the country selling this tax that, according to him, would not add “a single penny of new taxes”. Most people heard that part and wanted to know why we needed the VAT.

Needless to say, neither he nor his VAT were supported by the voting public and both went on to live in obscurity. He wasn’t re-elected.


19 posted on 04/07/2010 3:20:29 PM PDT by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: screaminsunshine

How about we consider it AFTER we get our $2,400 per family reduction for health costs,


20 posted on 04/07/2010 3:21:12 PM PDT by AGreatPer (Impeach Obama)
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