Thursday, March 11, 2010

 
 
 

 
 
 
 
 
TAX HORROR: White House committee to propose national sales tax
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Thursday, October 01, 2009
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From Zero Hedge:

The “Center for American Progress” is the best example of an oxymoronish name that I can think of. This is a “progressive” (socialist) “think tank” (another misleading term) lead by John Podesta, a former Clinton Chief of Staff and Obama adviser.

They are coming out with a report on Wednesday that will recommend that:

[T]he administration should consider a tax on consumption, such as a value-added tax [VAT] system similar to that in use in the European Union...

Read full article...

More on taxes:

Are you prepared for higher taxes?

White House trying to sneak in 15% a year "hidden tax"

Expert reveals best places to keep foreign bank accounts

Topics: Taxes | Government Stupidity | Boondoggle
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