About Me

In writing the "About Me" portion of this blog I thought about the purpose of the blog - namely, preventing the growth of Socialism & stopping the Death Of Democracy in the American Republic & returning her to the "liberty to abundance" stage of our history. One word descriptions of people's philosophies or purposes are quite often inadequate. I feel that I am "liberal" meaning that I am broad minded, independent, generous, hospitable, & magnanimous. Under these terms "liberal" is a perfectly good word that has been corrupted over the years to mean the person is a left-winger or as Mark Levin more accurately wrote in his book "Liberty & Tyranny" a "statist" - someone looking for government or state control of society. I am certainly not that & have dedicated the blog to fighting this. I believe that I find what I am when I consider whether or not I am a "conservative" & specifically when I ask what is it that I am trying to conserve? It is the libertarian principles that America was founded upon & originally followed. That is the Return To Excellence that this blog is named for & is all about.

Thursday, April 22, 2010

BO's VAT Will Cripple America

Below are some excerpts from an AP article sent to us by a subscriber to ReturnToExcellence.net re the value added tax (VAT) that is one of BO's highest priorities for crippling America.  The VAT, as envisioned by BO, is in addition to all of our other income & payroll taxes.  Although BO's VAT is a consumption tax it is an add on as opposed to the FairTax which is a replacement for all of our income & payroll taxes - all the difference in the world.
 
Following the excerpts is the list of the 13 despicable Senators who could not bring themselves to vote against the VAT conceptual resolution mentioned below.

WASHINGTON – President Barack Obama suggested Wednesday that a new value-added tax on Americans is still on the table, seeming to show more openness to the idea than his aides have expressed in recent days.
 
Before deciding what revenue options are best for dealing with the deficit (since when has any statist cared about the deficit) and the economy, Obama said in an interview with CNBC, "I want to get a better picture of what our options are."
 
After Obama adviser Paul Volcker recently raised the prospect of a value-added tax the Senate voted 85-13 last week for a nonbinding "sense of the Senate" resolution that calls such a tax "a massive tax increase that will cripple families on fixed income and only further push back America's economic recovery."
 
NAYs ---13
Akaka (D-HI)
Bingaman (D-NM)
Brown (D-OH)
Byrd (D-WV)
Cardin (D-MD)
Dorgan (D-ND)
Kaufman (D-DE)
Levin (D-MI)
Reed (D-RI)
Udall (D-NM)
Voinovich (R-OH)
Webb (D-VA)
Whitehouse (D-RI)
Not Voting - 2
Nelson (D-FL)
Warner (D-VA)

1 comment:

  1. The VAT would add insult to injury in my view.

    ReplyDelete