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  1. #1

    Join Date
    Jan 1970
    Posts
    46

    WASHINGTON PLOTTING " VAT TAX 25% "

    6/7/2009

    Hi EVeryone..

    I read this week an article in the Washington Post how their having secret meetings in Washington about adding a " Value Added Tax better known as " VAT " 25% on everything to pay for the National Health Care Obama wants , one politician's eyes lit up when it was stated that this would bring in Trillions of dollars$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
    What is your thought ? How can the American public pay more taxes ?
    Unless they get rid of the tax system..

    Cheers...Joe...

  2. #2
    Senior Member redpony353's Avatar
    Join Date
    May 2007
    Location
    SF
    Posts
    4,883
    Hey!! Welcome to ALIPAC!!

    I have not read that much on the VAT tax. But it is my understanding that it would be in place of income tax. It would be like a huge sales tax, but we pay huge tax anyway because by the time they tax us here there and everywhere it adds up to that anyway.
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