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To: tnlibertarian

It’s a sales tax AND a VAT

http://www.nationalreview.com/agenda/279761/herman-cains-9-9-9-plan-has-vat-plus-sales-tax-josh-barro


160 posted on 10/13/2011 9:38:27 AM PDT by Huck (The Tea Party supports a Sales Tax and a VAT. I don't know whether to laugh or cry.)
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To: Huck

Good Lord, the ‘sales tax is a VAT’ meme didn’t work, so now the corporate tax is a VAT. In the sense that it is a hidden tax, embedded in each product we buy, and passed on by each company, the corporate income tax has always been a VAT, since corporations don’t pay taxes. At most, this is a difference in what expenses are tax deductible. Most likely, it’s a matter of fleshing out the details. Bruce Bartlett hates the idea of a national sales tax. No surprise he would be critical.


198 posted on 10/13/2011 10:35:31 AM PDT by tnlibertarian (Things are so bad now, Kenyans are saying Obama was born in the USA.)
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To: Huck

The sign of insanity is repeating the same thing over and over expecting a different result.

It is NOT A VAT


318 posted on 10/16/2011 6:42:08 AM PDT by Donnafrflorida (Thru HIM all things are possible.)
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