Thursday, May 28, 2009

Democrats Planning National Sales Tax

In spite of President Liar's promise that 95% of Americans would receive a tax cut, his minions are now planning a national sales tax, similar to the VAT tax that Canadians and many Europeans pay:


Still, Orszag has hired a prominent VAT advocate to advise him on health care: Ezekiel Emanuel, brother of White House chief of staff Rahm Emanuel and author of the 2008 book "Health Care, Guaranteed." Meanwhile, former Federal Reserve chairman Paul A. Volcker, chairman of a task force Obama assigned to study the tax system, has expressed at least tentative support for a VAT.
"Everybody who understands our long-term budget problems understands we're going to need a new source of revenue, and a VAT is an obvious candidate," said Leonard Burman, co-director of the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, who testified on Capitol Hill this month about his own VAT plan. "It's common to the rest of the world, and we don't have it."

The only reason why we have long-term budget problems is because you idiots in the white house and congress can't stop spending. Taxes are high enough as they are.

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