They claim that a value added tax is not being considered but a NY Times article states otherwise.
Reduction Is Theme Of Presidents Next Act - The Caucus Blog - NYTimes.com
Obama wants us to thank him for lowering our taxes but the so-called tax decrease won't even pay my phone bill for a month.
This is something the Tea-party has been protesting.....massive spending increases usually mean higher taxes are soon to follow.....and this is no exception.
First...they intend to let the Bush tax cuts lapse. That's tax increase number one.
Second...a new VAT or Value Added Tax is being discussed. That's tax increase number two.
How do they slowly sneak it in without anyone noticing it? That is still being discussed.
It accomplishes two of Obama's main goals. It raises more revenue and it also curbs consumption.
What better way to curb consumption then to raise prices so high you can't afford it anymore.
Why does Obama want to curb consumption? Could it be he wants to worsen the economy...cause another crisis...so he can take over more of the private sector?
It's highly possible.
Reduction Is Theme Of Presidents Next Act - The Caucus Blog - NYTimes.com
Obama wants us to thank him for lowering our taxes but the so-called tax decrease won't even pay my phone bill for a month.
This is something the Tea-party has been protesting.....massive spending increases usually mean higher taxes are soon to follow.....and this is no exception.
First...they intend to let the Bush tax cuts lapse. That's tax increase number one.
Second...a new VAT or Value Added Tax is being discussed. That's tax increase number two.
How do they slowly sneak it in without anyone noticing it? That is still being discussed.
It accomplishes two of Obama's main goals. It raises more revenue and it also curbs consumption.
What better way to curb consumption then to raise prices so high you can't afford it anymore.
Why does Obama want to curb consumption? Could it be he wants to worsen the economy...cause another crisis...so he can take over more of the private sector?
It's highly possible.