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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: 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: 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: 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: lowbridge
...if the government agreed to reduce personal income and corporate taxes at the same time.

Of course they'll agree to that.

"Cross my heart and hope to die, stick a needle in my eye"

Until the time comes to actually reduce the other taxes.

"Oops. So sorry. We really meant to. But, economic circumstances are so dire we just can't afford to right now. We'll re-consider next year."

49 posted on 04/07/2010 3:40:19 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: lowbridge

No, I am bracing for a global tax too.


101 posted on 04/07/2010 6:15:35 PM PDT by katiedidit1
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