A VAT would greatly please the Wee Wee
Posted on 05/03/2010 10:17:49 AM PDT by Zakeet
The idea of a value-added tax (VAT), attacked by national Republicans ever since it was floated by a White House adviser, has some GOP supporters in Congress.
Five Republican House members are co-sponsors of a bill by Rep. Bill Pascrell (D-N.J.) that would impose a VAT on imports from countries that use the tax. In the Senate, George Voinovich (R-Ohio) has suggested that replacing income taxes with a VAT could be one way to streamline the tax code.
"I don't know whether it would [be more efficient] or not," Voinovich told The Hill. "All I'm saying is that we shouldn't just say it's a bad thing."
Voinovich was one of just 13 senators to vote against a "sense of the Senate" resolution offered by Sen. John McCain (R-Ariz.) in April calling the VAT "a massive tax increase that will cripple families on fixed income and only further push back America’s economic recovery." Every other Republican and most Democrats voted for the non-binding resolution.
Consumption tax proponents on both sides of the aisle have said the VAT could be the key to a tax code overhaul that increases the competitiveness of U.S. exports and brings down taxes on income that discourage saving and investment. The VAT is levied at each stage of production of a good and is part of the tax system for most industrialized countries.
The attacks on the VAT by the Republican National Committee — and McCain — have been based on the notion that it would be added on top of the current income tax structure.
(Excerpt) Read more at thehill.com ...
A VAT would greatly please the Wee Wee
why? why would a republican even consider something like this why why why? Just Damn.
The VAT isn’t necessarily a bad thing if it REPLACES income tax. I don’t particularly like it because of how easily it can be abused but then, that never stopped the pols from abusing the income tax rates in the first place.
The problem we have now is that Obama and the Left want to add it ON TOP OF income tax. That’s completely unacceptable and needs to be stopped dead in its tracks.
All well and good, but they're not talking about replacing one with the other ... they're talking about "in addition to what you're already paying".
I would consider a VAT only to replace the Income Tax and only by repealing the income tax enabling amendment in the Constitution.
This was one of the reasons for our revolution against England. England used a VAT against all products coming into and sold in the US. A new tax was added every time a product was sold. How soon we forget. It’s too bad this isn’t taught in our schools.
Figures. The GOP also supports shamnesty. Why wouldn’t it support a VAT?
And the GOP wonders why they have such turmoil in their ranks.
Exactly, which is why this is a non-story. I happen to think a VAT is far worse than an income tax, but I can’t object to a GOP politician saying, “Well, if you pass a Constitutional amendment to ban the income tax first, we can talk.”
In particular, it’s an empty promise.
“Value-added tax has some GOP backers”
And this is surprising? Of course there are. As we have seen so many times in the past, the GOP has frequently had it’s snout so firmly wedged in the public trough that you’d need a crowbar to pry it out.
It’s only been the last few years that there has been an building awareness that a socialist Republican isn’t really that much better than any other sort of socialist.
Same here. But of course they would never do that. Instead they would offer a temporary teaser of a decrease in the income tax rate, knowing they’ll just go ahead and rasie it again later once the VAT is ingrained.
you just knew they would
(RINO’s like gushing streams of revenue to pay for their pork, too!)
Upon further reading of article, I read that Rep. Walter Jones (NC) is co-sponser.
The other House Republicans who have co-sponsored Pascrell's bill are Reps. Gresham Barrett (S.C.), Howard Coble (N.C.), Lynn Westmoreland (Ga.) and Joe Wilson (S.C.).
Do these guys think that the 16th Amend. would get eliminated first or are they merely looking for a way to keep spending on worthless gubmint socialist stuff and tax us into Greece as a way to earn "fiscal conservative" title?
I have to say that I see a lot of benefit to a VAT. Right now the rich pay the vast bulk of taxes in America. It has created a situation where the population votes itself more benes on the backs of the productive class. A VAT will make them feel the pain too. Overall, politicians won’t be able to control themselves so the additional tax revenue will get eaten up in more spending. For that reason alone, I oppose it. But if America has turned into a nation of tax and spend, then the VAT is the best of a number of bad options.
It will make things so unbelievably expensive and for that we will all suffer.
Too bad a VAT will come without doing away with traditional income and property taxes. It’s a Liberal double-down.
We need to realize that those in the political class do not see things the way we do. Why else is the NRSC pushing for soft Republicans over strong conservatives. It isn’t because conservatives can’t win though they spend a lot of the time trying to make the case that if we just took up gay activism and abortion and stopped worrying about cutting government then we would. It isn’t because we can’t win it is because they don’t want us to win. They aren’t looking to roll back the leftist advance they are looking to only slow it and in some ways insure it never is rebuked. We need to hold strong and stop being fooled.
Hannity, Morris Agree with Conspiracy People About New World Order
http://www.youtube.com/watch?v=5wH5YqsuZiw&playnext_from=TL&videos=uM4XlbGL6yQ
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