You know the world has gone crazy when Cheerios ia considered a drug by the FDA.
But that is not today's point of contention.
House Democrats have lots of potential targets for higher taxes as they aim to expand health care coverage to reach the roughly 50 million that experts say are uninsured.
Also under consideration are higher alcohol taxes, increases to the Medicare payroll tax and a value-added tax, a sort of national sales tax, of up to 25% percent or more.
Yes, anyone who believed Our Dear Leader was going to not raise taxes on the regular folks, was probably smoking some weed and sipping the Kool Aid..
So lets talk about the VAT for a minute.
Value Added Tax. They are still playing with the idea, but it will probably be about a 25% tax. On everything.
Anything you buy, any service you receive, your golf game, your massage, your car wash.
Everything.
Your gas, your cable, your phone bill, your electric bill, I mean EVERYTHING!
And that is not counting all the other taxes they are thinking of, but in addition to them.
So, say your coke is $1. They are talking about a 10 cent tax, plus the VAT, brings your coke to $1.35
Plus the tax on your private health insurance, if you still have a job. Of course, their plan of Universal Insurance is designed to destroy your private insurance plan. Everyone will be on the government plan in 10 years.
They are looking into raising taxes on everything. And also adding the VAT. Can't forget, the Cap and Trade tax coming at us either.
Write your folks in congress. Tell them you do not want a Value Added Tax. Tell them you don't want any tax increases. With the economy in the toilet, and unemployment rising at record rates, seems like a very bad time to go tax crazy on us.
But, then again, destroying the middle class is part of the plan.
Of course, they stopped listening to us a long time ago.
Friday, June 19, 2009
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