Wednesday, April 7, 2010

Pay Up Suckers

A VAT Tax Will Help Create a Permanent Dependent Class
This is liberalism's goal in overturning Reaganism and lying about tax cuts.
"The problem with the deficits is not insufficient taxation. The problem
with the deficits is out-of-control spending by the Obama regime."
-Rush Limbaugh

Paul Volcker says we need a Value Added Tax ( VAT ), which is a tax on Everything, to pay for the Democrats spending spree.

Volcker: Taxes likely to rise eventually to tame deficit

NEW YORK (Reuters) - The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.

Volcker, answering a question from the audience at a New York Historical Society event, said the value-added tax "was not as toxic an idea" as it has been in the past and also said a carbon or other energy-related tax may become necessary.

Though he acknowledged that both were still unpopular ideas, he said getting entitlement costs and the U.S. budget deficit under control may require such moves. "If at the end of the day we need to raise taxes, we should raise taxes," he said.

No comments:

Post a Comment