Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
taxreformer
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
taxreformer
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
taxreformer
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
taxreformer
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
taxreformer
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
taxreformer
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
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"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
taxreformer
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
taxreformer
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
taxreformer
In Japan’s recent parliamentary election, the ruling Democratic Party of Japan lost seats to the party that they replaced last election as voters took a decisive stand against the high-tax proposals advanced by the Prime Minister. He had proposed a significant tax hike to the national VAT, and his party received a sharp rebuke for it.
As the Wall Street Journal reported, “Mr. Kan made his party's prospects tougher with an unpopular pre-election pledge to boost the [Japanese VAT] to rein in the country's outsize borrowing, thinking that Japan's voters would understand the severity of its fiscal conditions and appreciate his honesty.”
Yet just as one can expect of the struggling Democratic Party here in the U.S., he refused to lay the blame on failed and unpopular policy. “The prime minister admitted after Sunday's election that the strategy didn't work. ‘My discussion on the consumption tax was received by the voters as rather abrupt,’ a sober-faced Mr. Kan said at his news conference. ‘I, myself, feel that a big reason [for the defeat] was I didn't explain it well enough.’”
It seems that Messers. Kan and Obama have something in common: an inability to consider that voters do not look favorably on lawmakers’ desires to increase tax rates, or in Mr. Obama’s case, impose a national VAT. While the implementation of the Japanese subtraction-method VAT differs substantially from the European-style VAT suggested by Obama’s advisors and officially still on the table in spite of its crippling effects, both leaders seem incapable of conceiving of a government constrained in what it can extract from the economy. One can only hope that the significance of the public’s will as expressed in elections will eventually sink in for the sake of those voters who gave these men their jobs.
For more information on the perils of a VAT in the U.S., examineATR’s Anti-VAT Toolkit.