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Soda pop, [6.5 % National] sales tax targeted to cut deficit
Rueters ^ | Wednesday November 17, 2010, 1:23 pm EST

Posted on 11/17/2010 12:24:03 PM PST by BenLurkin

Link only

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Crime/Corruption
KEYWORDS: sintax; tax; taxes
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1 posted on 11/17/2010 12:24:05 PM PST by BenLurkin
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To: BenLurkin
The government must never forgo anything.

It is the peasants who must sacrifice.

2 posted on 11/17/2010 12:25:16 PM PST by E. Pluribus Unum (The people who hate Sarah Palin hate her because they know that her Presidency is inevitable.)
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To: BenLurkin

Nope, nope, nope.

Once a national sales tax is implemented for any reason, it will be too easy to expand it to other products.

This is the camel’s nose under the tent strategy.


3 posted on 11/17/2010 12:26:17 PM PST by Brookhaven (Voter Fraud is Treason)
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To: E. Pluribus Unum

“People should not be afraid of their governments. Governments should be afraid of their people.”


4 posted on 11/17/2010 12:26:57 PM PST by ClearCase_guy
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To: BenLurkin
You could raise the price of soda pop to $1,000 a glass and it wouldn't even pay for the stimulus package.

A 6.5% national sales tax to totally replace federal income tax, inheritance tax and capital gains tax is an excellent idea.
5 posted on 11/17/2010 12:27:27 PM PST by Question Liberal Authority (Worst. Post-Racial. And Post-Partisan. Agent Of Hope And Change. EVER.)
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To: BenLurkin

V.A.T. tax, anyone?


6 posted on 11/17/2010 12:27:33 PM PST by ConjunctionJunction (I can see November from my house!)
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To: BenLurkin

I believe liberals use the threat of tax increases on certain things in order to stimulate the economy (ie people start buying it up before the tax goes in place).

I think that’s really their only strategy because they are always caught by surprise at the sudden drop in revenues AFTER the tax in whatever service or good, is implemented.


7 posted on 11/17/2010 12:27:54 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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Comment #8 Removed by Moderator

To: BenLurkin
We just voted this same tax down in WA state.

This is a tax in the name of social engineering.

9 posted on 11/17/2010 12:29:53 PM PST by llevrok (Born a ham but never cured)
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To: BenLurkin
“Soda Pop”???

Where is this guy from? I don't know anyone who calls it that. A buddy of mine from Oklahoma used to call it “Pawp”, and most of the folks I know call it soda. “Soda Pop”? Bizarre.

10 posted on 11/17/2010 12:30:10 PM PST by End Times Sentinel (In Memory of my Dear Friend Henry Lee II)
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To: BenLurkin

Cut
Spending

And repeat


11 posted on 11/17/2010 12:30:10 PM PST by therightliveswithus
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To: BenLurkin

Was this the same plan that had the “radical” plan to limit the yearly increase in spending to the inflation rate plus the increase in population PLUS an additional two percent. How can the government survive on that little? Although even that would be an improvement over Bush’s & Obama’s spending free for all.


12 posted on 11/17/2010 12:32:51 PM PST by KarlInOhio (Dems' response to 11/2: Do not go gentle into that new day,Rage,rage against the coming of the dawn!)
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To: Owl_Eagle

Here in my neck of the woods (Indianapolis) I hear it called soda pop all the time and use the term myself pretty frequently.


13 posted on 11/17/2010 12:33:02 PM PST by circlecity
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To: BenLurkin

Sorry, I drink tea, but I could see them tax that nationally for symbolism.


14 posted on 11/17/2010 12:34:53 PM PST by huldah1776
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To: Owl_Eagle
Where is this guy from? I don't know anyone who calls it that. A buddy of mine from Oklahoma used to call it “Pawp”, and most of the folks I know call it soda. “Soda Pop”? Bizarre.

The author must be trying to be multilingual. I just call it "Pop" unless I am talking to an easterner.


15 posted on 11/17/2010 12:35:53 PM PST by KarlInOhio (Dems' response to 11/2: Do not go gentle into that new day,Rage,rage against the coming of the dawn!)
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To: Owl_Eagle

Down this way we call it “Coke”. Don’t matter if it’s 7-up or whatever, it’s a coke—we’ll get specific and ask “What kind of coke do you want?” if there is a selection to be had.


16 posted on 11/17/2010 12:37:20 PM PST by Sam's Army
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To: Secret Agent Man

“...they are always caught by surprise at the sudden drop in revenues AFTER the tax in whatever service or good, is implemented.”

It’s cuz thur stoopud.


17 posted on 11/17/2010 12:39:38 PM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: Sam's Army

In Boston you often hear tonic.


18 posted on 11/17/2010 12:40:25 PM PST by Boardwalk
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To: ConjunctionJunction

Funny you mentioned that some people see it as a bargaining chip on the Bush tax cuts.

Is A 6.5% VAT Coming?

Confirming once again that the clueless government would rather risk a populist backlash than actually cutting costs (recall that federal worker compensation has surged in the past 5 years), it appears that the long-stirring debate over a value added tax may be about to materialize into something tangible. Per Bloomberg, “Alice Rivlin, a member of President Barack Obama’s deficit-reduction commission (and former Fed vice chairwoman), is trying to stir a debate over imposing a national sales tax to reduce the deficit. Rivlin, as part of a separate 19-member group sponsored by the Bipartisan Policy Center in Washington, offered a plan for a 6.5 percent national debt-reduction sales tax. Her recommendation comes as the president’s panel prepares a Dec. 1 report of options for Congress to trim the national debt.” Coming from a former Fed member, this is not all that surprising - after all, there is nothing to stir inflation expectations like a sudden 6.5% hike in all prices.

Continue http://www.zerohedge.com/article/65-vat-coming


19 posted on 11/17/2010 12:43:07 PM PST by FromLori (FromLori)
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To: BenLurkin

If I switch from Jack and coke to Jack on the rocks, will the government will try to add a 6.5% tax to my ice cube tray??


20 posted on 11/17/2010 12:44:49 PM PST by Le Chien Rouge
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