Pelosi says new tax is 'on the table'
- 10/06/09 10:59 AM ET
Pelosi, appearing on PBS's "The Charlie Rose Show" asserted that "it's fair to look at" the VAT as part of an overhaul of the nation's tax code.
"I would say, Put everything on the table and subject it to the scrutiny that it deserves," Pelosi told Rose when asked if the VAT has any appeal to her.
The VAT is a tax on manufacturers at each stage of production on the amount of value an additional producer adds to a product. read the rest
The only "fiscal liabilities" are the elites in Washington spending money that hasn't even been printed yet. This has got to stop!!
H/T Hot Air
2 comments:
If you listened to the Democrats during the last campaign, they said that they wouldn't raise income taxes. Once the Bush tax cuts expires, that will jack up income taxes, but Obama and company technically won't be raising them -- it was the Congress back in 2001-02 that put the sunset clause in the tax cut that will be raising them. And the VAT isn't an income tax -- it is a sales tax. So, again, the Democrats are technically keeping to their promise.
With the Democrats, you have to pay attention to the precise words they use. They rarely overtly lie, but they parse their words very carefully. We must do the same when we listen to them.
what the heck? does that even make sense? going to tax manufacturers at each step in the process for WHAT?? HUH???
and what defines a step in the process? how many steps does it take to make a candybar? soap?
BLUE BELL!!!!????
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