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To: RayChuang88
VAT is a tax on consumption. So, when your economy teeters on the edge of slipping from recession into depression, when 10% minimum are unemployed and likely to stay so or grow, discouraging people from buying goods and services is almost guaranteed to tip it.

What I like about this idea is that
a) I can live and consume very little, most of what I want or need I already have
b) The results of this should finally reveal the utter bankruptcy of democrat economic thinking

14 posted on 10/02/2009 5:23:09 AM PDT by silverleaf (If we are astroturf, why are the democrats trying to mow us?)
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To: silverleaf
What I like about this idea is that
a) I can live and consume very little, most of what I want or need I already have

Same here. Imagine whats going to happen inside the huge liberal cities. All they have to eat there is cement and sewer rats.

15 posted on 10/02/2009 5:32:03 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: silverleaf
a) I can live and consume very little, most of what I want or need I already have

FedGov has been taxing my income all my life.
Despite that, I diligently lived within my means and managed to scrimp and save a modest little "nest egg".
Now that I can finally afford to consume what I want, these polidiot frauds and swindlers want to change the rules and clobber me with a 30% Sales Tax.

20 posted on 10/02/2009 6:02:36 AM PDT by Willie Green (The "Fair Tax" is a scam. Any politician supporting it should be tarred and feathered.)
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