Thursday, May 28, 2009

Dude, where's my tax cut?

If you're one of the gullible Obama supporters who's been asking that question, well, you're not only not getting a tax cut, but plans are in the works to tax everything you buy.

With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax.

Common around the world, including in Europe, such a tax -- called a value-added tax, or VAT -- has not been seriously considered in the United States. But advocates say few other options can generate the kind of money the nation will need to avert fiscal calamity.
How about not spending us into a fiscal calamity? Has that thought occurred to any of the geniuses in Washington? We're facing trillion dollar deficits and we're going to pile on a trillion-dollar-plus health care scam.

Good luck with that.

And keep in mind that anytime the Socialist Democrats create a new tax, with the promise to lower another tax, that they always break that promise somewhere down the line, so look for a huge VAT tax on top of the existing tax structure, plus, businesses will be taxed higher, along with rich people. It's the Washington way: they never met a tax they didn't like. Spend less, heaven forbid


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