Another Tax Isn’t What We Need
In an interview with Al Hunt, hardline progressive John Podesta said that the out-of-control deficits are justification for adding a value-added tax to our tax burden:
John Podesta compared the nation’s current budget crisis to the situation former President Bill Clinton faced in 1993 and said some form of a value-added tax is “more plausible today than it ever has been.”
“There’s going to have to be revenue in this budget,” said Podesta, Clinton’s former chief of staff and co-chairman of President Barack Obama’s transition team, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing today.
Podesta said Obama will begin by ending the upper-income tax cuts enacted under his predecessor, President George W. Bush. “Then you have to look at whether that gets you far enough of the way,” he said.
In other words, the VAT would be added to the burden caused by the income and payroll taxes. That’s the perfect way to run the economy into the ground.
Comparing the expanding economy that President Clinton inherited with this economy is intellectually dishonest. That isn’t shocking since Podesta is a spinmeister through and through. He’ll willingly say anything at any time to win the fight. If that means that he has to say something he doesn’t believe, then that’s what he’ll do. In fact, it’s what he’s done when he served in the Clinton administration.
What’s more important than just the call for a VAT is the why question’s answer. Here’s the why question: Why do we need both a VAT, an income tax and a payroll tax? Here’s the answer to that question: Adding a VAT is a great way to exert control on people while paying for an increasingly expanding agenda.
Podesta’s ideas radical, which means that Podesta and others like him must be stopped. To not stop his agenda means dire consequences for America.
Technorati Tags: Taxes, VAT, Payroll Taxes, Income Tax, Tax Increases, John Podesta, Bill Clinton, Chief Of Staff, Radical
Cross-posted at LetFreedomRingBlog
September 26th, 2009 at 4:19 pm
Hey, John, I’ve got a better idea. Why doesn’t the guvmint stop spending us into oblivion and instead give us about a 60% rebate on what we’ve already been taxed? That should pretty well cover those things allowed by the Constitution (Remember that? It’s the rules for governance of our nation that’s been eaten away by stupidity), such as the military and paying outrageous salaries to those in D.C. who routinely ignore their constituents.
Just a suggestion. Yes, I know it would be like cutting off food to an eight-hundred pound tub of lard (like Congress), except most 800 pound people have a chance to right themselves. Without the taxation starvation diet I see no hope for the country, and with His Hollowness feeding the habit with trillion-dollar twinkies it ain’t gettin’ any better.