In response to:

If VAT, Ditch the Income Tax

Charles1759 Wrote: Apr 18, 2010 10:58 PM
When business realizes the mistake of a VAT on its own production vs. sales dropping to just above zero there will be complaints in Congress that will not need be heard in another Presidential Term of Barack Obama, it stays to realize that Obama waits to place this onto manufacturing and consumer's after his 1st term. If he tries it beyond he surely will be vetoed by every voter in America plus abroad where sales potentials shall become the bigger losses. Arguments for VAT are saturated by poor economic reports worldwide. The only potential of earnings is by Saudi's at their Stock Market. Ship loads for small merchants in Saudi Arabia & India look eagerly at using any American product as a luxury and a luxury import tax on it standing...

WASHINGTON -- When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it -- after the 16th Amendment is repealed.

A VAT will be rationalized as necessary to restore fiscal equilibrium. But without ending the income tax, a VAT would be just a gargantuan instrument for further subjugating Americans to government.

Believing that a crisis is a useful thing to create, the Obama administration -- which understands that, for liberalism, worse is better -- has deliberately aggravated the fiscal shambles that the Great Recession accelerated. During the downturn, federal revenues plunged...

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