So waiting in the wings [to finance national health care] is the biggest middle-class tax increase of them all: a European-style value added tax, or VAT. . . ."Teeing Up the Middle Class. Joe the Plumber’s tax vindication is nigh." Wall Street Journal, 8/4/09.
The undeniable reality is that you can’t run a European-style welfare-entitlement state without European-style levels of taxation on the middle class . . . . It’s looking more and more like Mr. Obama’s no-middle-class-tax pledge was one of the greatest confidence tricks in American political history.
A blog about Islamic intolerance and fanaticism; socialism; communism; government stupidity; and lying weasels everywhere, hopefully couched in vibrant and literate English and foreign words that make us look good.
August 5, 2009
VAT next?
P.J. O’Rourke said, “If you think health care is expensive now, wait until you see what it costs when it's free." The truth of that witticism is evident now as Obama, Pelosi, Reid, and their enablers struggle to find ways to pay for the health care reform they have in mind.
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1 comment:
Col,
I agree that the congresscritters will probably try the VAT. It will be a variation of the "Fair Tax" as touted by John Lindner and Neal Boortz. I have written to Boortz advising him to be careful what he wishes for.
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