Showing posts with label VAT. Show all posts
Showing posts with label VAT. Show all posts

Thursday, May 28, 2009

New National Tax Considered

Obama's new national tax proposal is a trial balloon which should not be allowed to fly.

The Obama Administration is testing the water for a new tax – a value added tax (VAT). We need to draw a clear line in the sand that no new national taxes will be put in place without eliminating—not cutting, but permanently eliminating—our existing income tax. Read more about AFP’s policy director Phil Kerpen had to say about this tax: http://foxforum.blogs.foxnews.com/2009/05/27/kerpen_vat_obama/