Obama suggests value-added tax may be an option

Discussion in 'Current Events' started by WillowTree, Apr 21, 2010.

  1. WillowTree
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    WillowTree Diamond Member

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    President Barack Obama suggested Wednesday that a new value-added tax on Americans is still on the table, seeming to show more openness to the idea than his aides have expressed in recent days.

    Before deciding what revenue options are best for dealing with the deficit and the economy, Obama said in an interview with CNBC, "I want to get a better picture of what our options are."

    After Obama adviser Paul Volcker recently raised the prospect of a value-added tax, or VAT, the Senate voted 85-13 last week for a nonbinding "sense of the Senate" resolution that calls the such a tax "a massive tax increase that will cripple families on fixed income and only further push back America's economic recovery."

    For days, White House spokesmen have said the president has not proposed and is not considering a VAT

    Obama suggests value-added tax may be an option
     
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  2. WillowTree
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    WillowTree Diamond Member

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    ya'll libruls owe my Charles Krauthammer an apology.
     
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  3. JenyEliza
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    JenyEliza Princess of Rhetoric

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    Who's surprised here? I'm not.

    Barry Soetoro has to pay for his big ticket, government expansion, giveaway programs somehow. So, why not just finish taxing us all to death...including those low income folks he claims he wants to help.

    Sheyeah.....right. Help my ass. :rolleyes:
     
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  4. chanel
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    chanel Silver Member

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    VAT, carbon tax, tax on banks.tax on investments... But, but, but that won't affect 95 percent right? Liar.

    Think of the power to be able to raise the VAT at any time they please. A never ending source of pork...Scary.
     
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  5. Lost Soul
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    Lost Soul Active Member

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    Didnt he claim he was against just hours ago?
     
  6. Gunny
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    Gunny Gold Member

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    :lol::lol::lol:

    Might have thought of that BEFORE he started taking over private industry, selling us to China a signing a healthcare bill that was f-d up and required fixes before signed it.

    What a rube.
     
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  7. Xenophon
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    Xenophon Gone and forgotten

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    "open to the idea"

    It was his intention all along, just as I said last year.
     
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  8. Immanuel
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    Immanuel Gold Member

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    Didn't he also make a campaign promise not to raise taxes on families earning less than $250,000/year?

    Oh wait! His first act as President proved that was a lie when he raised cigarette taxes.

    Immie
     
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  9. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    And how will that affect the people making less than $250K....$200K....$150K?

    Note how they keep defining down the levels of income for The Rich.
     
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  10. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Obama Lied - and Fiscal Solvency Died.
     

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