Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Volcker: Taxes likely to rise eventually to tame deficit
Reuters ^ | 4/6/2010 | Steven Johnson

Posted on 04/06/2010 6:27:17 PM PDT by GreaterSwiss

Volcker: Taxes likely to rise eventually to tame deficit

NEW YORK (Reuters) - The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy; Front Page News; Government
KEYWORDS: 111th; 2010; agenda; bhosocialism; bhotaxincrease; capandtax; defensecuts; deficit; democrats; elections; globalwarming; liberalfascism; lping; obama; socialism; spreadthewealth; stealthewealth; tax; taxcheatparty; taxes; volcker
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-98 next last
To: GreaterSwiss
taxes to rise..yeah on dem rich folks.. the ones making ummm...250,000 a year...no uh 200,000 a year...no um hey we need to be fair. just give it all to us and we will disperse it wisely.
41 posted on 04/06/2010 7:24:35 PM PDT by eleni121 (For Jesus did not give us a timid spirit , but a spirit of power, of love and of self-discipline)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

Taxes just went up with ObamaCare didn’t they?

And yet the deficit won’t come down.

It’s the spending, Paul, the spending!


42 posted on 04/06/2010 7:25:04 PM PDT by GeronL (There is only a "Happily ever after" for you if you're the one writing your own script)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

0 wants to make sure the pool of seniors is included in his tax revenue grab. He couldn’t do it with just increasing taxes on wages. VAT covers everybody!


43 posted on 04/06/2010 7:26:02 PM PDT by balls
[ Post Reply | Private Reply | To 1 | View Replies]

To: Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; Allerious; ...
Here comes the VAT.



Libertarian ping! Click here to get added or here to be removed or post a message here!
View past Libertarian pings here
44 posted on 04/06/2010 7:27:34 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

Go to hell


45 posted on 04/06/2010 7:28:39 PM PDT by wastedyears (The Founders revolted for less.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

A tax that will hit poor folk to get entitlement costs under control?


46 posted on 04/06/2010 7:28:41 PM PDT by SPC CHEESE
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

Instead of bailing faster, how about we patch the hole in the boat? Reduce spending on programs the government has no business being in, and no Constitutional authority to be in.


47 posted on 04/06/2010 7:28:55 PM PDT by ThunderSleeps (obama out now! I'll keep my money, my guns, and my freedom - you can keep the change.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

What is this guy suffering from alzheimers?

I saw this BS coming a long time ago and the democrats have been saying they are going to raise taxes for the good of the people, for years.


48 posted on 04/06/2010 7:29:27 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hinckley buzzard
Volker was pretty tough but smart back in 1980.

Yeah, raising prime interest to 25% thus bankrupting thousands of businesses was a stroke of genious. /s

The best thing about that was that Americans blamed that idiot Carter for it.

49 posted on 04/06/2010 7:36:28 PM PDT by LouAvul
[ Post Reply | Private Reply | To 11 | View Replies]

To: GreaterSwiss

To quote from an article I read today on Slate, a revolution is called for. You lead, I’ll follow!


50 posted on 04/06/2010 7:37:46 PM PDT by balls
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

That worked so well during the 1st Great Depression.


51 posted on 04/06/2010 7:39:12 PM PDT by TASMANIANRED (Liberals are educated above their level of intelligence.. Thanks Sr. Angelica)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

I’d love for the Dems to float this before the election this November. Once their numbers are dwindled afterward, a VAT will go nowhere.


52 posted on 04/06/2010 7:40:15 PM PDT by St. Louis Conservative
[ Post Reply | Private Reply | To 1 | View Replies]

To: driftdiver; pnh102; Army Air Corps; rogertarp; Blood of Tyrants; EGPWS; hinckley buzzard
hey dufus (not you swiss), these taxes kill the economy and wont help pay the deficit.

How will raising taxes help when for every dollar collected the government spends $2 or more?

It is the spending, stupid.

Why not cut government by 40%?? hummmm?

He is an idiot. You cannot tax enough to satisfy a Rat’s ability to spend.

Unemployment out of control, spending out of control, and we have a first class idiot standing in as an intelligent decision maker stating that raise taxes is the way to bail us out of our leftist agenda.

And the best IMHO about Paul (I did such a good job on the "Oil For Food" investigation that I deserve to be relevant /sarcasm) Volcker...

Where were you last Fall and Winter, hotshot, when the American economic system was being anally raped by your pal the Usurper? Didn't have a F*ing word to say, did you, Volker, you shithead. Time for you to die now, asshole, of natural causes of course. AMF.

Thanks to all posters and a BIG THANKS to hinckley buzzard. I'm so sick of the statists that every one of them could eat xhit and die. Life would then tremendously improve for all of us.

53 posted on 04/06/2010 7:41:31 PM PDT by PGalt
[ Post Reply | Private Reply | To 4 | View Replies]

To: driftdiver

Over the short term, they do reduce the deficit. The economic impact is delayed a few years, and by then they’ve turned it over to the REpublican to take the blame.


54 posted on 04/06/2010 7:47:52 PM PDT by Scutter
[ Post Reply | Private Reply | To 4 | View Replies]

To: GreaterSwiss

Or maybe we can fire 50% of the federal work force, eliminate HUD and the Department of Education, and a few others useless drone factories and get a better result all around!


55 posted on 04/06/2010 7:49:00 PM PDT by Constitutional Patriot (Socialism is the cancer of humanity.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

I already know this is not relevant, but isn’t a VAT unconstitutional???????????????????


56 posted on 04/06/2010 7:50:12 PM PDT by Captain Jack Aubrey (There's not a moment to lose.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CaptSkip

“Couldn’t people buy ahead....”
How many people have the extra money in this economy to stock up on clothes and household items?


57 posted on 04/06/2010 7:52:37 PM PDT by Nodems2000 (Beheadngs are better says atlanta holy man)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Anti-Hillary

“Purple lips?”

No, that’s not racist. When did you ever hear of purple people? You can’t be racist against purple LIPS can you?


58 posted on 04/06/2010 7:54:35 PM PDT by Nodems2000 (Beheadngs are better says atlanta holy man)
[ Post Reply | Private Reply | To 29 | View Replies]

To: GreaterSwiss

Not to beat a dead horse since dozens of posters said it before me but . .. . CUT FREAKIN SPENDING!!!!!!!!!!!!!!!!!!!!!!! Not later. Not in combination with tax increases. Not cut the rate of increase. Not cut it as adjusted for inflaction. Just Cut Spending. If its $100 this year, cut it to $90 next year. Volker is a smart guy and yet his trapped by the same groupthink as everyone else in Washington. Maybe it is time for a Revolution.


59 posted on 04/06/2010 7:54:40 PM PDT by Opinionated Blowhard
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

NSS


60 posted on 04/06/2010 7:59:45 PM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-98 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson