Thursday, October 15, 2009

Democrats want to produce a Vat of Lard

A National Sales Tax? Hey, that's what I've been shouting for years. By replacing the income tax with a consumption tax the US would make such a tremendous change... ALL FOR THE BETTER!

It is a win... Win... WIN situation for everyone except the all the tax attorneys and myriad companies and organizations that make money off bleeding taxpayers dry.

Think how much money the country would save by not having to fund the IRS monster.

Law enforcement won't be able to get the big, bad, boys on tax evasion... but HEY, we will get all that tax revenue from all the criminals who don't currently pay taxes... because they do like to buy things. The Liberals would try every way they could to find a way to make the wealthy pay a higher rate, but they would have to be stopped. It would have to be done without a thousand amendments exempting this and that and Joe and Blow. The whole beauty of the national sales tax is the simplicity.  And the wealthy would PAY MORE because they BUY MORE!

Here is a video that compares a flat-tax and consumption based tax as replacements for national income tax.

Are the liberals are finally seeing the light??? They are starting to mention VAT (not so good for taxpayers as a straight sales tax) Wow... WAIT!! Hold them horses! DADGUM it you DARN Liberals. Consumption tax is suppose to replace income tax NOT be added to it. This could be the crisis that will put the last nail in the coffin of the USA.
The Value-Added Tax: Financing the Road to Serfdom
by Dan Mitchell
If government-run healthcare is approved, it is very likely that politicians will then look for a new revenue source to finance all the new spending that inevitably will follow. Unfortunately, that means a value-added tax (VAT) will be high on the list. Indeed, the VAT recently has been favorably mentioned by powerful political figures and key Obama allies such as the Co-Chairman of his transition team and the Speaker of the House.
The VAT would be great news for the political insiders and beltway elite. A  brand new source of revenue would mean more money for them to spend and a new set of  loopholes to swap for campaign cash and lobbying fees.  (This) video from the Center for Freedom and Prosperity,  the evidence from Europe unambiguously suggests that a VAT will dramatically increase the burden of government.  That’s good for Washington, but bad for America.

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