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Solving the debt crisis requires both cuts and taxes — do we have the stomach for it? Scot Lehigh The Boston Globe 4/30/2010 THE ADVICE was meant for the folks tackling the toughest job in Washington, but the American public needs to hear it as well. This week, Rudolph Penner and Robert Reischauer, both former […] May 2nd, 2010 | Tags: federal budget deficit, spending cuts, Value Added Tax | Category: Economy, Entitlements, Politics, Taxes | Comments are closed
President follows Europe into places Europeans no longer want to go Matt Welch New York Post 4/25/2010 With the stunning emergence of the consumption-based Value Added Tax (VAT) as a legitimate public policy option, the Obama administration has now all but made it official: There is no European economic idea too extreme for 21st century […] April 25th, 2010 | Tags: Nancy Pelosi, Value Added Tax | Category: Barack Obama, Congress, European Union, Socialism, Taxes | Comments are closed
AmericanRoadmap Paul Ryan, Ranking Member of the House Budget Committee April 20, 2010 www.americanroadmap.org Washington is stuffing the beast – so much spending, so much borrowing a chasm of deficits that are so insurmountable that we are inviting a debt crisis where Congress might try to throw a whole new tax system on top. That’s […] April 22nd, 2010 | Tags: 'American Roadmap', budget deficit, national debt, Rep. Paul Ryan, Value Added Tax | Category: Economy, Taxes, Video | Comments are closed
Tim Phillips BigGovernment.com 4/15/2010 This Tax Day I’m sure we’ll all raise a glass to our friends at the IRS. After all, their ranks are only growing. While the private sector is still struggling, with unemployment hovering just under 10 percent and real unemployment (including those who have quit looking for work) estimated at over […] April 19th, 2010 | Tags: NovemberIsComing.com, Value Added Tax | Category: Barack Obama, Cap and Trade, Elections, Health Care, IRS, Socialism, Taxes | Comments are closed
Beware: ‘Value-added tax’ is an economy-killer Daniel J. Mitchell The New York Post 4/8/2010 One of President Obama’s top economic advisers, former Fed chief Paul Volcker, suggested this week that it’s time for America to adopt a VAT, or value-added tax. The White House yesterday downplayed the idea — but it’s sure to resurface: It’s […] April 8th, 2010 | Tags: budget deficit, Paul Volcker, Value Added Tax | Category: Economy, Entitlements, Taxes | Comments are closed
Jeff Poor NewsBusters.org 3/29/2010 So we have a health care reform entitlement now, along with various unfunded liabilities, courtesy of the federal government. The next question is – how are we going to pay for all of it? Last week following the passage of health care legislation, syndicated columnist Charles Krauthammer predicted a value-added tax […] April 1st, 2010 | Tags: Brit Hume, Charles Krauthammer, Value Added Tax | Category: Congress, Taxes | Comments are closed
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