Posted on 10/15/2010 6:17:09 PM PDT by Bigtigermike
Indiana Gov. Mitch Daniels opened the door Thursday to supporting both a value added tax and a tariff on imported oil, bold proposals that could cause trouble for him with conservatives as he flirts with a long-shot bid for the presidency.
The Republican, staying mum about his 2012 plans, was the guest of honor at a dinner sponsored by the conservative Hudson Institute. He received an award named for Herman Kahn, the legendary nuclear theorist who founded the respected institute 49 years ago and helped inspire the character “Dr. Strangelove” in the movie by the same name.
Daniels recited from Kahn’s book: “It would be most useful to redesign the tax system to discourage consumption and encourage savings and investment. One obvious possibility is a value added tax and flat income tax, with the only exception being a lower standard deduction.”
Daniels also suggested support for increasing gasoline taxes. Kahn wrote, in a passage Daniels read from Thursday, “One fully justifiable tax would be on imported oil. Any large importation of oil by the U.S. raises security problems. There are, in effect, external costs associated with importing oil that a tariff would internalize.
“Now, maybe that transgresses some philosophical viewpoint of yours,” Daniels told the well-heeled crowd of 250. “But to me, that’s an interesting point today, just as valid as the day he wrote it.
“Now, none of us is Herman’s equal. But we are all his heirs, if we choose to be,” he added.
These comments come on the heels of a September profile in Newsweek, in which Daniels said tax increases might be necessary to tackle the federal deficit. “At some stage, there could well be a tax increase,” Daniels told the magazine. “They say we can’t have grown-up conversations. I think we can.”
(Excerpt) Read more at politico.com ...
...and I LIVE in Indiana!!
Like Obama he will propose it in 2011 when his debt deficit commision tells him to. All of of these politicans are bad
IMO
“It is the “income” tax which only got in with the stuffing of the 16th Amendment up America’s keester.”
Don’t say that too loud. All the RINO cockroaches here on FR will crawl out and insist that the 16th amendment was passed fair and square. They’ll also swear that the 14th was passed with Radical Republican flying colors.
Thats an interesting saying albeit somewhat vulgar.
My dad used to say it at times - never heard it again until now
Sorry, sometimes the asterisk symbol just won’t do the job. My bad. I’ll try to clean it up.
I’m not complaining - just find it interesting to see that saying again after all these many years.
Its been 40 - 50 years since I heard that one. :)
Terrible recommendations for the economy.
Thed take over at Hot Air: http://hotair.com/archives/2010/10/15/mitch-daniels-hey-how-about-a-vat/
Mitch Daniels just disqualified himself as a conservative. Done & Dusted, he may as well switch to the Democratic party
DeMint/Palin 2012
Seems like all we get are Socialist and Socialist-lite .
Daniels is a RINO and needs to get the message that any Presidential run he makes will be DOA.
That's two, too many deal-breakers for me. I was just starting to pay attention to him, too.
AS with Glenn Beck, it is very disturbing when so-called conservatives start pushing a VAT.
I had a laff over that too !
Is this a joke? Anyone who supports a VAT needs to be excised from the Republican party. It is the most convoluted, cumbersome, regressive tax known to man. Compliance costs will drive costs of all American made goods go through the roof, and make our market more attractive for foreign made finished goods sold directly to end users and/or retailers.
“Mitch Daniels open to VAT, oil tax hike [and his chances for the White House in 2012 or ever close]”
We are about the same age, guessing from your name. I was born in southern West Virginia in 1953. My father a coal miner, his father a coal miner, and I too was a coal miner for a while. That saying was very common and I typed it almost out of reflex. I can do better.
Mitch Daniels is toast by the way! Toast!
Take the the RINO to the roasting pit, Ungawa!
We will have it for supper.
Yes, Bwahna.
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