Wednesday, May 27, 2009

Maddening Infuriation and Spurious Convoluted Theft

"Once Considered Unthinkable, U.S. Sales Tax Gets Fresh LookLevy Viewed as Way to Reduce Deficits, Fund Health Reform"

"With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea long considered politically taboo: a national sales tax.
Common around the world, including in Europe, such a tax -- called a value-added tax, or VAT -- has not been seriously considered in the United States. But advocates say few other options can generate the kind of money the nation will need to avert fiscal calamity.
At a White House conference earlier this year on the government's budget problems, a roomful of tax experts pleaded with Treasury Secretary Timothy F. Geithner to consider a VAT. A recent flurry of books and papers on the subject is attracting genuine, if furtive, interest in Congress. And last month, after wrestling with the White House over the massive deficits projected under Obama's policies, the chairman of the Senate Budget Committee declared that a VAT should be part of the debate.
"There is a growing awareness of the need for fundamental tax reform," Sen. Kent Conrad (D-N.D.) said in an interview. "I think a VAT and a high-end income tax have got to be on the table."
A VAT is a tax on the transfer of goods"

There is also a growing awareness that taxation without representation is seen as a disgusting, intolerable nuisance. We are getting taxed more and more, inflation silently works behind the curtains thieving your wealth, and we are recieving less and less(but we sure are kicking ass in sand-land huh!)

Fuck you Rahm's brother, lower tax rates actually increase revenues, but you wouldn't know that living in a fantasy world shielded from the blinding sunlight of empiricism.

NO MORE TAXES YOU PETULANT BASTARDLY REPTILES