Friday, April 9, 2010

Value Added Tax VAT On the Way

If Mr. Obama has his way you soon will be paying more for everything from guitars to gasoline in the form of a "hidden" national value added tax on everything you buy.

They will start by saying, "Oh, it's only 2%" and "we really, really, really need this. We don't pay our fare share. Europe has a VAT. And besides, it's for the children."

When Income Tax came in under the Progressives they said the same thing: it's only 2%!

My dad was right when he told me, "Never, under any circumstances ever give a politician any more money." Our tax rates are already too high. If the economy grows they will get a raise. Otherwise, government at all levels can do what we've all done. Tighten their belts.

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