Value Added Tax.. Obama Care

Lumpy 1

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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
 
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rightwinger

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Could happen...

Might happen......


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



But, then again................maybe not
 

Charles Stucker

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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.
 

WillowTree

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You go Charles Krauthammer.. :clap2:
 
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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.
 
OP
Lumpy 1

Lumpy 1

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But, then again................maybe not
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:
 
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uscitizen

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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
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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AquaAthena

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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
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.
 

Maple

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Could happen...

Might happen......


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



But, then again................maybe not
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.
 

boedicca

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I posted this in another thread, but it bears repeating:

A VAT tax is the ultimate Wet Dream for the left. It allows concealed government intrusion into Everything - and is an enormous source of favors to sell.

...The tax sounds simple, but don't be fooled. Because both upper- and lower-income families pay the tax at an equal rate, the VAT is considered regressive; that is, it hits the poor harder than the better-off. So it is the practice in countries such as Britain to exempt food, which lower-income families spend a greater proportion of their income on. The technical term is "zero rating," meaning that exempt items are taxed at a "zero rate."

However, wait until the folks at the IRS get their hands on the regulations for the application of the new tax. They will undoubtedly turn to their more experienced British counterparts for guidance.

"Food of the kind used for human consumption," to a British bureaucrat, is something "the average person, knowing what it is and how it is used, would consider it to be food or drink; and it is fit for human consumption. . . . The term includes . . . products like flour, which, although not eaten by themselves, are generally recognized food ingredients . . . [but] would not usually include . . . dietary supplements, food additives and similar products, which, although edible, are not generally regarded as food."

And so, in the United Kingdom, according to the regulations of Her Majesty's Inland Revenue Service, crackers made from tapioca starch carry no tax; prawn crackers made from cereals do. Frozen yogurt that needs to be thawed before eating is zero rated, frozen yogurt bears the tax. Get it? If you don't, too bad—Her Majesty's tax collectors are not in the habit of offering an explanation for their regulations.

Food for animals creates other problems. If it is "suitable for all breeds" it is taxed, but if "it is held out for sale exclusively for working dogs" it is not, unless, of course, "it is biscuit or meal," in which case it is taxed.

So dog food for "sheepdog breeds" is taxed, but dog food for "working sheep dogs of any breed" is not; food for greyhounds is taxed, food for "racing greyhounds" is not. This may be the only tax in Britain that favors work over leisure.

Clothing also presents a problem for the British tax man. Two problems, actually.

First, what is clothing? Well, sailors' lifejackets are clothing because they "have the form and function of clothing," but "buoyancy aids" are not. Second, since children's clothing is zero-rated, what fits into that category?

Bras up to and including size 34B; body stockings that measure no more than 27½ inches shoulder to crotch; babies' shawls but not "mother-and-baby shawls intended to wrap around both mother and child." There's more, lots more, but you get the idea.

This process of writing regulations for the VAT man when he cometh is more than merely amusing. For one thing, it confers enormous power on faceless bureaucrats.

They can hand a competing product the advantage in the U.K. of a price 17.5% lower (in Sweden it's 25%) than a close substitute. That invites both lobbying and corruption and sheer, inexplicable arbitrariness. Get your "sweetened dried fruit" deemed to be "held out for sale as snacking and home baking" and your product will bear a tax and have to compete on grocers' shelves with zero-rated "sweetened dried fruit held out for sale as confectionary/snacking." Peddle your sandwiches "as a general grocery item" and consumers pay no tax, but offer them as "part of a buffet service" and the VAT man wants his 17.5%.

Manufacturers twist and turn and juggle their product specifications and processes, not to find the most efficient way of making things but the surest way of obtaining a zero rating. The resulting inefficiencies cannot be measured accurately, but they certainly contribute to Europe's lagging productivity and increasing inability to compete in world markets....



Irwin Stelzer: Small Bras and the Value-Added Tax - WSJ.com
 
OP
Lumpy 1

Lumpy 1

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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
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?
Try to keep up will ya.. sheez
 

uscitizen

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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
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?
Try to keep up will ya.. sheez
Keep up with you? Heck I am on morphine and I can run mental circles around you.
Reason being, I think for myself and do not need to listen to pundits to know what to think and say.
 
OP
Lumpy 1

Lumpy 1

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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?
Try to keep up will ya.. sheez
Keep up with you? Heck I am on morphine and I can run mental circles around you.
Reason being, I think for myself and do not need to listen to pundits to know what to think and say.
My.. my a little touchy today...:lol:...

Morphine eh.....you got to love those delusions of grandeur....:lol:

Okay I'll play.. I f w h a t y o u s a y i s t r u e h a s a n y t h i n g c h a n g e d s i n c e t h e n...?.. ( I typed it slow so you would understand).. oh you're welcome
 
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WillowTree

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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
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?
are you telling the truth the whole truth and nuttin but the truth so help you gwad? and, you don't have to answer iffen you don't want to... but did the Republicans want a VAT as a REPLACEMENT tax or a tax in addition to FICA, SS, State and local taxes.. now if you speak swear before gwad you are telling the troof or we will assume you lie.
 
OP
Lumpy 1

Lumpy 1

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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
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?
are you telling the truth the whole truth and nuttin but the truth so help you gwad? and, you don't have to answer iffen you don't want to... but did the Republicans want a VAT as a REPLACEMENT tax or a tax in addition to FICA, SS, State and local taxes.. now if you speak swear before gwad you are telling the troof or we will assume you lie.
:oops: I think I hurt his feelings...:(
 

PLYMCO_PILGRIM

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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
[ame=http://www.youtube.com/watch?v=6HE-rGGKksQ]YouTube - President Obama s Pledge Never to Raise Taxes on Anyone Making Less Than 250 000 a Year[/ame]
 

uscitizen

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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
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?
are you telling the truth the whole truth and nuttin but the truth so help you gwad? and, you don't have to answer iffen you don't want to... but did the Republicans want a VAT as a REPLACEMENT tax or a tax in addition to FICA, SS, State and local taxes.. now if you speak swear before gwad you are telling the troof or we will assume you lie.
ahh but as I said, be careful what you wish for , we often get things in ways we do not expect.

Like in "The Lathe of Heaven"?

I always said rotsa ruck on getting any replacement tax.
 

uscitizen

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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?
are you telling the truth the whole truth and nuttin but the truth so help you gwad? and, you don't have to answer iffen you don't want to... but did the Republicans want a VAT as a REPLACEMENT tax or a tax in addition to FICA, SS, State and local taxes.. now if you speak swear before gwad you are telling the troof or we will assume you lie.
:oops: I think I hurt his feelings...:(
Don't flatter yourself.
I used to work with ARC, I am used to dealing with your type.
 

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