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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
taxreformer -
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer -
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
taxreformer
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Return Of The VAT
For some time now, American taxpayers have been worried about the looming prospect of a crippling national sales tax (the VAT) to bail out Washington DC's chronic overspending. We have written previously about plans to use a VAT to pay for the out-of-control spending that Obamacare shall usher in, as numerous Obama allies have floated the idea on numerous occasions.
We thought that this job-killing, economy-destroying tax was dropped when we, like so many others, pointed out its lunacy, particularly in the current economic climate. So it's somewhat disturbing to read last week that Charles Krauthammer predicted a value-added tax (or VAT) could be in the works, and even more disturbing that Brit Hume has suggested that the VAT could be pushed into law during a lame-duck session of Congress, if loss for the Democratic Party are steep enough to force them to relinquish their control following the 2008 cycle
Although it still remains unlikely that Congress will do something to so destructive just after passing Obamacare, it is certainly a handy reminder that we must always remain vigilent against such threats. And, as we have said many, many times, for many, many reasons, the VAT is a very, very bad idea.
