They're trying to sneak up on it, aren't they?
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 and the economy, Obama said in an interview with CNBC, "I want to get a better picture of what our options are."
[. . .]
For days, White House spokesmen have said the president has not proposed and is not considering a VAT.
Actually, trying to sneal up on us would be a better way of putting it. Anybody out there who seriously believes the administration isn't positively salivating over the possibility of getting a VAT through?
Comments
Leo:
Must be funny to see the halls of the Senate and Congress THESE days...
ALL that drool on ALL those marble floors!
(hate to be the cleanup crew THERE)
How Pavlovian of them...tsk, tsk, tsk.
;)
What we are doing as a nation is no different than what millions of households have done, using a cash advance on a credit card to pay the minimum payment on the other credit cards, and the result is identically disastrous.
You either need to take in more money (raise taxes) or stop spending. Even the most clueless family comes to this realization eventually, the question is now, when does the "national" family come to this conclusion?
The "jamming" of a VAT (like everything else this administration has jammed on us) might just be the straw that breaks the camels back.