Value Added Tax.. Obama Care

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Lumpy 1, Apr 7, 2010.

  1. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    It is just a trail balloon, the Democratic inevitable. Well.. now let's see.. Democrats love wasting other peoples money, redistribution of wealth, grabbing more power over the people and squishing business and personal incentives.. Damn .. face it we're screwed...

    --------------------------:hmpf:

    Acknowledging it would be a highly unpopular move, White House economic adviser Paul Volcker said yesterday the United States should consider imposing a "value added tax" similar to those charged in Europe to help get the deficit under control.

    A VAT is a national sales tax that, like state and city sales taxes, would be collected by retailers.

    Volcker, at the New-York Historical Society, told a panel on the global financial crisis that Congress might also have to consider new taxes on carbon and energy.

    The VAT suggestion was immediately met with outrage by Republicans.

    "It shouldn't surprise anyone that the Obama White House would advocate a European-style tax to help finance their European-style government health-care plan," said Brian Walsh, a spokesman for the National Republican Senatorial Campaign Committee.

    FOXNews.com - Obama Economic Adviser Says U.S. Should Consider 'Value Added Tax'

    :dig:......Democrats in power...........OH... Shit
     
    Last edited: Apr 7, 2010
  2. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Could happen...

    Might happen......


    It's possible...........



    But, then again................maybe not
     
  3. Charles Stucker
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    Charles Stucker Senior Member

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    Don't they ever learn.
    More taxes leads to more spending.
    That's backwards.
    Is should be lower spending allows lower taxes.
     
  4. Vast LWC
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    Vast LWC <-Mohammed

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  5. WillowTree
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    WillowTree Diamond Member

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    You go Charles Krauthammer.. :clap2:
     
  6. Baruch Menachem
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    Baruch Menachem '

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    Horrible regressive tax. It isnt just on the retailer. It is on every step of the supply chain. and in places it is really severe. Like 18%

    And since it is on goods, it is steeply regressive.
     
  7. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    What's the option.. Spending only increases, government waste and abuse only increases, America is going all in on socialism, the Democrats are pussed out and dependent on government as it is, so what's the logical conclusion..?.....:eusa_doh:
     
    Last edited: Apr 7, 2010
  8. uscitizen
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    uscitizen Senior Member

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    but..but.. The right has been yelling for a value added tax for years.
    Now that you get one you just bitch about it???

    Some will complain if you hung them with new rope. sheesh...

    Be careful what you wish for, you might get it.

    You wished for complete republican control. How did that work out?
     
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    Last edited: Apr 7, 2010
  9. AquaAthena
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    AquaAthena INTJ/ INFJ

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    AND, it is in addition to the existing sales tax. Question is, when will they do it. Before or after the November election, providing The Anointed One, steals it again.
     
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  10. Maple
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    Maple Senior Member

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    You can bet your buckwheat it's gonna happen, it has to. The debt we have now is unsustainable, now with health care on top of all of that, they have to find a way to pay for their nanny from cradle to grave state and all of that socialism. They most likely won't announce it until after the November elections, but that train wreck is right around the corner. You can count on it!!!!!

    In Iceland the Vat tax is 24%, that's an additional 24% on EVERYTHING you buy, everything that is manufactored on EVERYTHING YOU CAN THINK OF and it's a JOB KILLER.


    " The problem with socialism is that you eventually run out of other people's money." Margaret Thatcher.

    " A government big enough to give you everything you need is big enough to take everything you have." Thomas Jefferson.
     
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