"WASHINGTON – 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."
For the Obama Supporters... go ahead and justify this one.
More taxes! I do believe Obama is the one who promised he wouldn't raise taxes on anyone making under $250,000. Uh huh.
Obama the liar.
Time to start working towards impeaching this two faced lying bum.
How about we as a country stop shelling out $4 Billion a month to build schools and roads in Afghanistan?
Why have we given over $114 Billion to Israel?
On and on.... spend spend spend. Borrow spend spend spend
Obama is a bum. His personal income was $5.5 million last year. He has no clue what the real working class Americans are going through.
I think you missed part of the article:
Gosh what a socialist! Trying to reduce wasteful spending? No wonder the conservatives hate him!
What?! You expect people to actually READ the articles that they use for reference?
You are obviously an elitist!
Figure how to cut wasteful spending? He can start by ending the stimulus spending that isn't doing anything. Then he can repeal Health care. After that he can eliminate the IRS and replace it with a VAT or a flat tax. He can cut defense spending in half and bring home all our troops from foreign soil. He could close the department of education, end farm subsidies, privatize social security, end medicare, eliminate the FDA, the FCC, the FTC, the SEC, and the host of other useless federal agencies. He can legalize drugs and eliminate foreign aid. Need I go on????
Guess what they will recommend, none of what I suggested, except for the VAT tax, in addition to all the taxes we have now! This "commission" will provide the cover for Obama to push that tax. He'll claim it's not his idea but the BIPARTISIAN commission's idea. Brilliant!!!
He could cut it 75% as far as i'm concerned. But it would have a big effect on our economy... Government spending creates a lot of jobs for Boeing, Bechtel, Haliburton....
Ending farm subsidies is not a bad idea, but your other ideas, like:
bad ideas. You like having roach parts in your breakfast cereal? No? You buy your food from a supermarket? Yes? Then you need the FDA.
Probably not such a good idea, although we could make foreign aid contingent on such things as environmental laws, labor protection, and human rights. That will cut most of what we send out.
We'll just have to see. Obama promised to cut taxes on the poor and middle class, which he has done, and raise taxes on the rich. That's why I voted for him, and I don't see any reason why he won't do it.
Soca or soul calypso is a form of dance music.
So a Soca list must be like a top ten for Soca songs.
And Obama is somehow responsible for this list?
Aren't they the ones who passed that Robe wade law?
I went to college with Robe Wade. He was a pretty nice guy. We rode horses together once. Or was it Wade Robe?
If I had a buck for evert time a wingnut makes a post based on a false premise....
"on the table'. That's what Obama said. He never said 'supports'. Big difference. You are twisting his words.
Democrats are not removed from reality. Democrats have historically done more to bring the deficit down than Republicans who historically have run the deficit up. To close the deficit as the economy improves, we will reduce government spending which worked to jump-start the economy. But we will also need to increase revenue, and Obama has been trying for nearly a year to get the GOP to participate in a bipartisan way on a bipartisan panel on the deficit. Only they don't want to participate. They are standing back and taking cheap shots.
The president is trying to get key jobs in government filled a frickin' YEAR after his innauguration. And the GOP has 'holds' on over 90 appointments. This is pure obstructionism.
And this post is a deliberate distortion of the truth.
To allay everyone's fears, the POTUS should just come out and say he will not approve VAT because that would violate one of his major campaign promises. Remember what happened to Daddy Bush when he lied about no new taxes!
Once the protesters (domestic terrorists) are rounded up in encampments I see no reason why the government would or could not take all their property from them for their seditious behaviour.
Yeah--I've heard the impeachment talk too. "We don't have the votes for it now, but we will come November"...
Rep Kucinich had 35 articles of impeachment drawn up against YOU KNOW WHO'S...both of them, and these clowns couldn't be bothered.
They are the frauds.
Since the VAT is a conservative idea in the first place!
That and the flat tax...
And it is 101 jobs that they're holding up with their childish behavior.
What a waste of $176,000 a year.
The republicans wanted VAT to REPLACE income tax, not have it in addition to income tax. Big difference!
by Alex Frias 7 years ago
Question. If the Bush-era tax cuts were so popular and such the "economic reality" as it's being coined, then why did Obama fail to see this until recently. Where was his voice in favor of the Bush tax cuts 6 months ago, or even 2 years ago..?Yes Obama has always maintained...
by Texasbeta 7 years ago
Republicans like Boehner will shed a tear when asked about THEIR federal job, but when the topic of you losing YOUR federal job, they respond: "So be it."http://www.reuters.com/article/2011/02/ … XO20110215BTW- He also lied about how many jobs were in question as well...just to...
by Ralph Deeds 5 years ago
Paul Krugman:" Back in 2010, self-styled deficit hawks — better described as deficit scolds — took over much of our political discourse. At a time of mass unemployment and record-low borrowing costs, a time when economic theory said we needed more, not less, deficit spending, the scolds...
by Lovely 7 6 years ago
What is VAT( Value Added Tax) ?
by GA Anderson 5 years ago
Political pundits are saying the Obama admin is floating the typical "trial balloons", (ie. rumors to pundits to get it in the public conversation/news), of a wealth tax - to see if it would have a chance of acceptance.The "rumors" floating around are talking about a 1%...
by Jason Menayan 8 years ago
Who's to blame?
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|