Stand by for one nasty tax increase idea. There has been talk in Washington of the "need" for a European-style tax on everything: the Value Added Tax, or VAT Tax.
The Los Angeles Times recently published an Op-Ed saying:
"A value-added tax would go a long way toward solving several of the country's fiscal and tax problems." (America Needs a VAT, Los Angeles Times, 5/24/10)
"A value-added tax would go a long way toward solving several of the country's fiscal and tax problems." (America Needs a VAT, Los Angeles Times, 5/24/10)
"President Obama told CNBC that a VAT is one of the major tax-reform alternatives being considered to close the budget gap." (America Needs a VAT, Los Angeles Times, 5/24/10)
And House Speaker Nancy Pelosi has suggested that a VAT Tax be considered as a principal means to reduce the federal deficit and generate more tax dollars for the federal government.
We all know what this means? More taxes are on the way! Take your stand right here, right now with your Online Tax Revolt against the proposed new European-style VAT TAX!
Kill the VAT Tax!
Kill the VAT Tax!
