Value Added Tax should help mend the economy

**tinfoil** · 10-06-2009, 04:08 PM

http://thehill.com/blogs/blog-briefi...s-on-the-table

Thanks, democrats.

**FUCK THE POLICE** · 10-06-2009, 10:40 PM

I think adding a VAT or and LVT on top of whatever you have left after budget cuts would be a reasonable way to balance the budget. Balancing the budget, however, is not our immediate priority...

**belme1201** · 10-06-2009, 10:56 PM

Originally Posted by tinfoil

LOL not a peep from the demotards

Why the Hell does a VAT tax have to do only with Democrats?

**Cancel10** · 10-06-2009, 11:03 PM

Originally Posted by uscitizen

I thought VAT was a republican mantra?

If it replaces the income tax, yes. But that's not what Pelosi is proposing. She wants to create a VAT alongside the income tax, which would also be alongside the Cap & Tax, which means the middle class is FUCKED.

**FUCK THE POLICE** · 10-06-2009, 11:07 PM

Originally Posted by Tabasco

If it replaces the income tax, yes. But that's not what Pelosi is proposing. She wants to create a VAT alongside the income tax, which would also be alongside the Cap & Tax, which means the middle class is FUCKED.

Replacing the income tax with a VAT would be economic lunacy and would worsen our budget crisis. Adding it along to the income tax would be a sensible move.

**Cancel10** · 10-06-2009, 11:11 PM

Originally Posted by Watermark

Replacing the income tax with a VAT would be economic lunacy and would worsen our budget crisis.

Replacing the income tax with a 10% VAT and slashing 1 trillion dollars in wasteful spending would be a good start.

Adding it along to the income tax would be a sensible move.

How will more taxes help the economy? You're either insane or retarded, I'm not sure which.

**FUCK THE POLICE** · 10-06-2009, 11:26 PM

Originally Posted by Tabasco

Replacing the income tax with a 10% VAT and slashing 1 trillion dollars in wasteful spending would be a good start.

1. A 10% VAT tax wouldn't fund a rat's ass. The current income tax, PLUS a 10% VAT, WITHOUT the added levels of spending added by the stimulus, would COVER the deficit.

2. There isn't 1 trillion dollars in wasteful spending. To cut 1 trillion you'd have to eliminate either the military or the other half of discretionary spending.

Originally Posted by Tabasco

How will more taxes help the economy?

Did I say more taxes will help the economy? A realistic amount of taxation relative to the size of the government is simply a necessity. A business shouldn't consume more than it spends; neither should a nation.

**Socrtease** · 10-06-2009, 11:43 PM

Originally Posted by Watermark

Replacing the income tax with a VAT would be economic lunacy and would worsen our budget crisis. Adding it along to the income tax would be a sensible move.

Yes because what we need is one more fucking tax in this country. I swear lefties have never seen a problem then couldn't tax their way into deeper.

**FUCK THE POLICE** · 10-07-2009, 12:03 AM

Originally Posted by Socrtease

Yes because what we need is one more fucking tax in this country. I swear lefties have never seen a problem then couldn't tax their way into deeper.

Again, the right always responds emotionally, not intellectually.

**FUCK THE POLICE** · 10-07-2009, 12:06 AM

Right wing thinking on the issue of taxation and government spending seems to be magical. Let's go to a fairy tale land where we can spend as much as we want, with no taxation, and all we have to do is reference some vaguely defined "government waste". If we're desperate we will do the always popular 70% cut to every single part of government. Anything vague that doesn't require us to actually finger anything specific is good.

Clearly the government is doing nothing to eliminate waste, because the government would never want all that free, easy to find "waste" money flying around for things like evil government programs that help feed the poor.

Taxation should equal government spending. End of story.

**Topspin** · 10-07-2009, 05:41 AM

a vat has zero chance of passing.
And if cons are smart they will plaster fox with Pelosi supporting any tax on top of what we have.
Folks watergerber has a burger flipping job. I don't see any 30 somethings with 3 kids asking for more taxes.

**DamnYankee** · 10-07-2009, 06:35 AM

Hopefully this will further the debate on the FAIR TAX, which is essentially a VAT. Pelosi brings up a good point about putting us on a level playing field with Europe. However in order to be truly level, the FAIR TAX must replace the current system completely.

What Pelosi doesn't appear to realize is that the FAIR TAX would eliminate a tremendous amount of influence that Congress has on restricting freedom. She would lose power, and since her goal is to gain power, she obviously has some kind of scheme envisioned to tax us both ways.

**tinfoil** · 10-07-2009, 07:36 AM

Originally Posted by Watermark

Right wing thinking on the issue of taxation and government spending seems to be magical. Let's go to a fairy tale land where we can spend as much as we want, with no taxation, and all we have to do is reference some vaguely defined "government waste". If we're desperate we will do the always popular 70% cut to every single part of government. Anything vague that doesn't require us to actually finger anything specific is good.

Clearly the government is doing nothing to eliminate waste, because the government would never want all that free, easy to find "waste" money flying around for things like evil government programs that help feed the poor.

Taxation should equal government spending. End of story.

LOL from the dork who supports taxing into a surplus

**FUCK THE POLICE** · 10-07-2009, 12:28 PM

Originally Posted by Southern Man

Hopefully this will further the debate on the FAIR TAX, which is essentially a VAT. Pelosi brings up a good point about putting us on a level playing field with Europe. However in order to be truly level, the FAIR TAX must replace the current system completely.

Most nations in the world operate a VAT on top of a progressive income tax.

Pelosi's point was that in America, corporations pay for healthcare, and that cost is added on when they ship parts worldwide. In Europe, the government pays with healthcare through a VAT. The VAT is refunded upon export (to avoid double taxation), and so they do not have that component cost.