The Value Added Tax - A VAT is a national sales tax that, like state and city sales taxes, would be collected by retailers.
"White House economic adviser Paul Volcker said yesterday the United States should consider imposing a "value added tax" similar to those charged in Europe to help get the deficit under control. "
"It shouldn't surprise anyone that the Obama White House would advocate a European-style tax to help finance their European-style government health-care plan," said Brian Walsh, a spokesman for the National Republican Senatorial Campaign Committee.
Well they have to figure out a way to pay for this unconstitutional Trillion Dollar health care system, and you guessed it - we are going to get hosed again.
I swear this administration is doing its level best to destroy what is left of this country.
VAT might be a good idea if they got rid of the income tax.... but that's not going to happen.
We are just going to be taxed into oblivion.
A modern day Paul Revere should ride out and proclaim - the looters are coming!
So....How's that Hope and Change working out for you?
I am telling you - it's time to GO GALT.