This country is moving closer and closer to being just like Europe, which I'm sure liberals just love. It figures, instead of cutting spending and paying off the deficit, let's tax the crap out of everyone.
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/26/AR2009052602909.html
What would it cost? Emanuel argues in his book that a 10 percent VAT would pay for every American not entitled to Medicare or Medicaid to enroll in a health plan with no deductibles and minimal copayments.
In his 2008 book, "100 Million Unnecessary Returns," Yale law professor Michael J. Graetz estimates that a VAT of 10 to 14 percent would raise enough money to exempt families earning less than $100,000 -- about 90 percent of households -- from the income tax and would lower rates for everyone else.
Great, let's have even more people who don't pay income tax. 10% paying for everyone else. The liberal wet dream. The
ONLY way I would ever be in support of a VAT was if it completely replaced the income tax. Do away with our convoluted tax code and replace it with a 18% VAT, then I might support it, otherwise, this is getting out of hand.
This country is moving closer and closer to being just like Europe, which I'm sure liberals just love. It figures, instead of cutting spending and paying off the deficit, let's tax the crap out of everyone.
I agree