VAT Stinks

Liberty Juice ^ | 04/23/2010 | Chris Bounds

[ChrisBoundsTX]

This was posted a couple of weeks ago, but the issue is well alive. I appreciate comments here and on my website (where charts and sources can be found).

[USFRIENDINVICTORIA]

FWIW, we have a VAT here in Canada. A Conservative government introduced it — & Conservatives continue to (generally) support it. Leftists are opposed.

Of course, there are many ways that a VAT could be screwed up — the main one being, where it’s just a tax grab. (Canadian income taxes were reduced, before the GST was introduced.)

[Smokin' Joe]

A value added tax, or VAT for short, is something that has been floating around Washington for some time now as a solution to help the trillion dollar deficit woes.

Hmmmm. A deficit results from spending more money than you have.

There is a simpler solution.

CUT SPENDING!!

[humblegunner]

Shouldn’t this be posted in the blog section?

[johnthebaptistmoore]

All leftist politics stink! The VAT isn’t alone when it comes to leftist politics and how much it stinks.

[E. Pluribus Unum]

"Most Americans probably do not know what a VAT is, considering it is a fairly recent European idea..."

And look how well it has worked for them!

[omega4412]

As the Wizard of Id comic strip put it long ago...

Sir Rodney: Sire, we have an INCOME tax. Why don't we have an OUTGO tax?

The King: You idiot! The peasants will never stand for it. We'll have a SALES tax instead.

[RC one]

We seriously need to seize the majorities in November before these thugs have a chance to shake us down any more.

[ErnBatavia]

Funny....I was about to ping you.

[Fiji Hill]

Don’t be a VAThead!

[Churchillspirit]

And for businesses more and more paperwork.

[Osage Orange]

So you just signed up...to flog your blog?

[KarlInOhio]

FWIW, we have a VAT here in Canada. A Conservative government introduced it — & Conservatives continue to (generally) support it. Leftists are opposed.

What do the leftists want as an alternative? Do they want the fairly distributed VAT replaced with a progressive income tax?

I would prefer a VAT to our current tax code, but I don't want to risk the chance of getting both. No big changes until the 16th amendment is not merely repealed, but changed to something which prohibits federal income and payroll taxes.

[pfony1]

The main reason the Democrats think we “need” a VAT is that about 50% of Americans do not pay income tax now.

A VAT will allow the Democrats to collect substantial tax revenue from that “poor” 50%, without revealing themselves to be “takers”, not “givers”. The VAT is essentially a stealth “income tax” that falls most heavily on the “poor”.

Some call that bait-and-switch tactic: “Hope and change”.

[palmer]

and cost every U.S. household $10,680 annually

Should say "cost the average U.S. household $10,680 annually" and even that is somewhat misleading.

[Bloody Sam Roberts]

A Conservative government introduced it — & Conservatives continue to (generally) support it. Leftists are opposed.

A distinction which is lost on me. I see no real difference between one side of the aisle or the other here in the US. Two different species in the same genus as far as I'm concerned.

[Paperdoll]

Why is it that since the JFK administration, Washington looks to European failures to replace American successes?

[humblegunner]

Ever vigilant!

[humblegunner]

[ChrisBoundsTX]

flog my blog? Is this not an open forum?

I am new to this site and have been very impressed with the vast amount of conservative ideas flowing through it.

Of course I am hoping to get blog traffic, but that will only happen if someone is that interested in my content. If I wanted to only promote my blog I would just post excepts forcing you to visit my site to read the rest.