Posted on 06/23/2009 7:01:34 PM PDT by rabscuttle385
Tax lobbyists and policy wonks believe a national sales tax is looming, though they say it’s extremely unlikely to be tied to already controversial healthcare reform legislation.
Talk is heating up because of the U.S. budget situation. Many observers believe there simply isn’t enough money coming in under the existing tax structure to pay for programs advocated by both parties.
The U.S. is the world’s exception in that it does not have a national sales tax, which is known around the world as a value-added tax, or VAT.
Conservative activist Grover Norquist is using the talk to enlarge his anti-VAT caucus, which now boasts four senators and 54 House members, including three Democrats.
“I just think on tax policy, the biggest thing that could happen is a value-added tax and you could see how we could shift over to that, largely because the [Democrats] need so much money for what they want to do, to cover the spending that they’ve done, that there’s no nice, cheerful way of doing it,” Norquist said.
(Excerpt) Read more at thehill.com ...
fyi
Free Republic is not a blog
and
a National Sales Tax is not a VAT.
Didn’t the lyin’ Kenyan say that 95% of us would see our taxes go down? WTF was he talkin’ about? What taxes?
To pay for all Obama’s BS. Sales tax + income tax + state tax + local tax + sin tax + any other taxes that the demoncrats (sic) can come up with. They don’t need any stinking healthcare tax, at least not yet.
It these idiots would just lower taxes and let free enterprise prevail, the situation in this country would soon fix itself.
Then again, the best way to control a people is to tax them into submission.
Nobody has any money because THEY’RE FRICKING UNEMPLOYED! How in the Hell can people pay for a national sales tax? God is the government and this illegal administration completely is bent on destroying this country.
Zer0 and his ilk will try to pawn off a VAT as the FairTax. A FairTax would replace the income tax, 0bambi’s version will be just another tax on top of what you pay. Nice to know so many of us are in the over $250K tax bracket. Who’d have thunk it?
“a National Sales Tax is not a VAT.”
Yes. A VAT tax would have to REPLACE all other local and state sales tax.
In the US, that would not happen until Obozo has completed
turning the US into a Marxist state.
It is going to be “interesting” to see what happens to California government when they run out of money. Not that I wish them bad - but this will be instructive to the rest of us.
What actually happens when the government gets starved of money? I wanna see it.
An Ugly Fat out of Shape stupid person will get MORE VOTES in the next congressional elections than ANY incumbant in Office.
Don’t Re-elect ANYONE ! !
That's what 0bozo wants.
What I want is an elimination of the entire income tax code.
Sure...they're equivalent.
“Well, unfortunately, VATs in place in Euro-land exist with an income tax.”
Yes, I failed to mention that there is income tax.
In Slovakia, I paid that on my business. I do not know how, or if there is one on individuals.
The VAT was called DPH, and it was included in the shelf price of an item.
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