Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
The Education and Workforce Committee holds hearing on NLRB "Recess" Appointments http://t.co/2ED4u4t8
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Senate Highway Bill Violates Taxpayer Protection Pledge http://t.co/z7IETuQT
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OK Gov. Mary Fallin Releases Bold Tax Reform Plan http://t.co/oRPWYGKb
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Senator Hatch looks to improve the Senate's Highway Bill http://t.co/rOZQENlQ
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Senator Hatch tries to make a bad bill better http://t.co/F6VYT9NI
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ATR Opposes Retroactive Tax Hikes http://t.co/XX2lRMyH
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Has your Governor Issued a Proclamation Honoring Ronald Reagan on Feb 6th ? http://t.co/bHatxoTg
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RT @timothy_stanley: Just interviewed @GroverNorquist. Flipped my view of the recession/election: recovery due to stopping Obama tax hik ...
timothy_stanley
RT @GroverNorquist: Reagan Birthday proclamations by 34 Governors, both R and D (Utah & Nevada just joined) 16 bitter D Govs fail test o ...
GroverNorquist
CoGC: House Republicans Lead on Budget Honesty http://t.co/wHJpzOC1
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.