Dictator Threatens Sales Tax On Top Of Income Tax

April 21st, 2010 (12) Posted By Pat Dollard.

Obama

WASHINGTON (AP) – President Barack Obama suggested Wednesday that a new value-added tax on Americans is still on the table, seeming to show more openness to the idea than his aides have expressed in recent days.

Before deciding what revenue options are best for dealing with the deficit and the economy, Obama said in an interview with CNBC, “I want to get a better picture of what our options are.”

After Obama adviser Paul Volcker recently raised the prospect of a value-added tax, or VAT, the Senate voted 85-13 last week for a nonbinding “sense of the Senate” resolution that calls the such a tax “a massive tax increase that will cripple families on fixed income and only further push back America’s economic recovery.”

For days, White House spokesmen have said the president has not proposed and is not considering a VAT.

“I think I directly answered this the other day by saying that it wasn’t something that the president had under consideration,” White House press secretary Robert Gibbs told reporters shortly before Obama spoke with CNBC.

After the interview, White House deputy communications director Jen Psaki said nothing has changed and the White House is “not considering” a VAT.

Many European countries impose a VAT, which taxes the value that is added at each stage of production of certain commodities. It could apply, for instance, to raw products delivered to a mill, the mill’s production work and so on up the line to the retailer.

In the CNBC interview, Obama said he was waiting for recommendations from a bipartisan fiscal advisory commission on ways to tackle the deficit and other problems.

When asked if he could see a potential VAT in this nation, the president said: “I know that there’s been a lot of talk around town lately about the value-added tax. That is something that has worked for some countries. It’s something that would be novel for the United States.”

“And before, you know, I start saying ‘this makes sense or that makes sense,’ I want to get a better picture of what our options are,” Obama said.

He said his first priority “is to figure out how can we reduce wasteful spending so that, you know, we have a baseline of the core services that we need and the government should provide. And then we decide how do we pay for that.”

Volcker has said taxes might have to be raised to slow the deficit’s growth. He said a value-added tax “was not as toxic an idea” as it had been in the past.

Since then, some GOP lawmakers and conservative commentators have said the Obama administration is edging toward a VAT.

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  • Xavier

    Before deciding what revenue options are best for dealing with the deficit and the economy, Obama said in an interview with CNBC, “I want to get a better picture of what our options are.”

    Your options are to repeal Obamacare, Repeal entitlements…..oh ya STOP SPENDING MONEY I DONT HAVE!!!!

  • trustme1013

    He said his first priority “is to figure out how can we reduce wasteful spending so that, you know, we have a baseline of the core services that we need and the government should provide. And then we decide how do we pay for that.”

    God, this makes me so angry I can barely see.

    Reduce wasteful spending, Mr. “President?” Try these:

    Capping Congressional Salaries
    Stopping bailouts
    stopping entitlement spending
    NO FUCKING HEALTH CARE BILL
    CUTTING PORK
    Cut your witch’s, I mean, wife’s staff in HALF.
    Stop giving your buddies, I mean, czars, nonsense jobs

    I could go on. Anyone want to add to this list??

    • http://holgerawakens.blogspot.com Holger Awakens

      How about we use this “list”:

      Section 8: The Congress shall have power To lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defence and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

      To borrow money on the credit of the United States;

      To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;

      To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;

      To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

      To provide for the punishment of counterfeiting the securities and current coin of the United States;

      To establish post offices and post roads;

      To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;

      To constitute tribunals inferior to the Supreme Court;

      To define and punish piracies and felonies committed on the high seas, and offenses against the law of nations;

      To declare war, grant letters of marque and reprisal, and make rules concerning captures on land and water;

      To raise and support armies, but no appropriation of money to that use shall be for a longer term than two years;

      To provide and maintain a navy;

      To make rules for the government and regulation of the land and naval forces;

      To provide for calling forth the militia to execute the laws of the union, suppress insurrections and repel invasions;

      To provide for organizing, arming, and disciplining, the militia, and for governing such part of them as may be employed in the service of the United States, reserving to the states respectively, the appointment of the officers, and the authority of training the militia according to the discipline prescribed by Congress;

      To exercise exclusive legislation in all cases whatsoever, over such District (not exceeding ten miles square) as may, by cession of particular states, and the acceptance of Congress, become the seat of the government of the United States, and to exercise like authority over all places purchased by the consent of the legislature of the state in which the same shall be, for the erection of forts, magazines, arsenals, dockyards, and other needful buildings;—And

      To make all laws which shall be necessary and proper for carrying into execution the foregoing powers, and all other powers vested by this Constitution in the government of the United States, or in any department or officer thereof.

    • trustme1013

      Yeah, that’s a good list. =)

    • GRIZZ

      Holger your so silly.
      Where did you get those crazy ideas

  • The Sentinel at the Gate

    Instead of trying to get on top of things; why don’t you get to the bottom of things – like in a 6 foot deep hole. GD Marxist Cocksucker!

  • CPLViper

    This shit goes through and the people will push back … remember the good ol’ days of paying for shit in cash? It will be wide-spread again … buyer saves on the sales tax (and/or VAT) and the seller saves on the income tax.

    One of the prime reasons that we will never see the Fair Tax come through … too easy to escape taxes (especially for people with tons of cash).

  • Chuck O

    One of these days, the left will just decide to confiscate our entire paychecks and put us on starvation rations. Of course, even then the gov’t would bitch about not having enough money.

  • http://usobserver.com -osgo-

    Doesn’t Greece…have a VAT too?

  • http://usobserver.com -osgo-

    …Both predatory oligarchies and global guerrillas use the same methods: Open source organizations, bazaars of violence, and systems disruption. They both destroy prosperity (through systematic “taxes”), cause opportunistic collapse and eviscerate social cohesion.

  • GRIZZ

    I cannot believe the hateful rhetoric coming from you people.
    This boy was democratically elected.
    Just like fido castro,kim im ill,who goes chavez,ima whatthefuckinadinnerjacket,………………

  • Steele

    Gee, what happened to the Obama pledge of “no one earning less than $250000 a year will pay any additional taxes” given way back during the campaign. Or how about “No new taxes on middle class” way back in November of 2008 and Obama’s other pledge of “No new taxes during a recession” said in 2010?

    It’s increasingly interesting that when Republicans break their promise of no new taxes, the Dumocrats scream bloody murder. When a Dumocrat breaks this promise, he receives praise and applause. Am I missing something? Oh wait, I guess this isn’t a tax because it’s part of the “share the wealth”. Tax everyone, and give to those who are “special” in Obama’s eyes.

    What would Muhammad say? (Had to add that little jab in there.) :lol: