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Paul Volcker: Value-Added Tax Nessecary
https://gladerebooted.net/viewtopic.php?f=24&t=2553		 Page 1 of 1
Author:  Rynar [ Wed Apr 07, 2010 12:22 am ]
Post subject:  Paul Volcker: Value-Added Tax Nessecary
http://www.reuters.com/article/idUSTRE6355N520100406

Quote:
Volcker: Taxes likely to rise eventually to tame deficit

(Reuters) - The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.

Volcker, answering a question from the audience at a New York Historical Society event, said the value-added tax "was not as toxic an idea" as it has been in the past and also said a carbon or other energy-related tax may become necessary.

Though he acknowledged that both were still unpopular ideas, he said getting entitlement costs and the U.S. budget deficit under control may require such moves. "If at the end of the day we need to raise taxes, we should raise taxes," he said.
Author:  Müs [ Wed Apr 07, 2010 12:45 am ]
Post subject: 
Image

I'm blue.
Author:  darksiege [ Wed Apr 07, 2010 2:36 am ]
Post subject: 
In the words of a wise bird (Iago from Alladin): Oh there's a big surprise! That's an incredible - I think I'm going to have a heart attack and die of not surprise!
Author:  Dash [ Wed Apr 07, 2010 7:09 am ]
Post subject: 
oh whoops I posted this again in Hellfire. Didnt see you already had it up =p
Author:  Kaffis Mark V [ Wed Apr 07, 2010 10:09 am ]
Post subject:  Re:
Dash wrote:
oh whoops I posted this again in Hellfire. Didnt see you already had it up =p

Yeah, this duplicate forum nonsense gets confusing, doesn't it?

As to the VAT tax.. I love being double-taxed. We should obviously do more of it. After all, if you have enough 1% taxes, you can take all kinds of my money, and I won't notice, right?
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