VAT

    Norquist on Value Added Tax (VAT)

    By: Brian Darling (Diary)  |  April 23rd at 04:15 PM  | 

    Grover Norquist of Americans for Tax Reform has an excellent Op Ed, Don’t Give Obama a VAT, on the Value Added Tax (VAT), also known as Obama’s National Sales Tax, in Human Events today.  Grover, like other pundits, believe that the actions of this Administration point to the fact that President Obama is seriously considering imposing a VAT on the already over taxed citizens of the | Read More »

    Obama’s National Sales Tax

    By: Brian Darling (Diary)  |  April 8th at 02:00 PM  | 

    President Obama is vetting a new national sales tax (commonly referred to as a VAT) to extract more wealth from the private sector to sustain his insatiable hunger for more government spending.  Former Fed Chairman Paul Volcker and current Fed Chairman Ben Bernanke have commenced a vetting strategy to convince Americans that they need to give more and more money to an every-expanding and bloated | Read More »