Just vote them OUT!
Does anyone see that happening?
No VAT for FAT CATS!
They want VAT— then the income tax has to go.
National Sales tax has me screaming: “To Hell with a National Sales Tax.”
Whenever they get impressed by political development, we can be sure that we are in DEEP trouble. LOL.
The list, ping
Obama’s Health Care Fraud didn’t trigger civil unrest and violence, so he’s got to dig deeper until he finds something that will start the violence he seeks.
If this keeps up, a lot of folks are simply going to leave. As with the parable of the men at the restaurant (copied from another thread):
“Suppose that every day 10 men go to a restaurant for dinner. The bill for all ten comes to $100. If it was paid the way we pay our taxes, the first four men would pay nothing; the fifth would pay $1; the sixth would pay $3; the seventh $7; the eighth $12; the ninth $18. The tenth man (the richest) would pay $59.”
The 10 men ate dinner in the restaurant every day and seemed quite happy with the arrangement until the owner threw them a curve. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily meal by $20.” Now dinner for the 10 only costs $80. The first four are unaffected. They still eat for free. Can you figure out how to divvy up the $20 savings among the remaining six so that everyone gets his fair share? The men realize that $20 divided by 6 is $3.33, but if they subtract that from everybody’s share, then the fifth man and the sixth man would end up being paid to eat their meal.
The restaurant owner suggested that it would be fair to reduce each man’s bill by roughly the same percentage, being sure to give each a break, and he proceeded to work out the amounts each should pay. And so now the fifth man paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of $59.
Outside the restaurant, the men began to compare their savings. “I only got a dollar out of the $20,” complained the sixth man, pointing to the tenth, “and he got $7!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar, too. It’s unfair that he got seven times more than me!”
“That’s true,” shouted the seventh man. “Why should he get $7 back when I got only $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison. “We didn’t get anything at all. The system exploits the poor.”
Then, the nine men surrounded the tenth man (the richest one, paying the most) and beat him up. The next night the richest man didn’t show up for dinner, so now the nine men sat down and ate without him. But when it came time to pay the bill, they discovered something important. They were $52 short!
“And that, boys, girls and college instructors, is how America’s tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up at the table any more. There are lots of good restaurants in Switzerland and the Caribbean.”
If the tax system becomes any more punitive, many are simply going to eat at different restaurants, and the burden will suddenly fall on many who never realized how much of a free ride they were getting. That sort of thing won’t end well.
As long as nobody who makes less than 250k pays not one penny. Just like he promised. What a Collassal Liar!
“Hell with vat”
In the 1970s, there was a congressman from CA(?) by the name of Al Ullman who proposed a VAT and went around the country selling this tax that, according to him, would not add “a single penny of new taxes”. Most people heard that part and wanted to know why we needed the VAT.
Needless to say, neither he nor his VAT were supported by the voting public and both went on to live in obscurity. He wasn’t re-elected.
Hey, if the USA wants to be “cool” like the Europeans, then a VAT is what it will take to make us cool.
In my travels I have noted those socialist countries with ‘healthcare’ also have VAT of 20% or so.
The dingbats who voted for Obama are going to find their bottle of White Lightning just went up in price. Sorry dingbats. Nothing in life in free.
If the spending keeps up at projected levels without the tax increases, we'll get an even bigger crash down the road when we can't roll over debt, the dollar crashes, and inflation goes through the roof.
Bend Ovah for the VAT up yer wallet!
No VAT until they completely abolish income and corporate taxes.
“Jose Barro, an economist for the Manhattan Institute, told CBS 2 HD that the vat might work if the government agreed to reduce personal income and corporate taxes at the same time.”
The history of taxation in Europe and the history of both the US income tax and SS tax (both of which started out very small on a very small fraction of the population) does not make one optimistic about this prospect.
Indeed the history of government and taxation in western democracies generally illustrates that Americans’ distrust of government is well-placed. Governments inevitably over-promise and under-deliver, meaning that well-intentioned government programs inevitably cost more and deliver less than originally promised. This results in ever-higher levels of taxation.
Ironically, the countries that have adopted the most sensible approach to taxation—flat taxes on consumption—are former communist countries. Once they threw off the chains of totalitarian rule, these countries often adopted flat-tax systems that minimized the burden on the average citizen and inhibited the temptation by government to use the tax system for social engineering—i.e., awarding tax breaks for favored activities or interests.
An organization committed to freedom like the Manhattan Institute should be using its megaphone to resist VAT, not offering rationalizations for its adoption.
Well it’s nice that you have an opinion, but we won.
Now you’ll pay the tax and smile while you’re doing it.
-your friends on the left
Run spending through the roof then say we have no choice but to levy gigantic taxes, but we will give refunds to the underclass so they don’t get hurt. Vote for Obama.
LOL ... redistribution, reparations ...
And people thought gov’t run healthcare was gonna be free!