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View Full Version : Obama suggests that VAT is not completely off the table




Fox McCloud
04-24-2010, 02:13 AM
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.

source: http://news.yahoo.com/s/ap/20100421/ap_on_bi_ge/us_obama_tax_5

really doubt it'll go through though, particularly in the midst of a recession. That said once we recover, or people think we're recovering, I can see this as being a bit more viable...as far as implementation goes.

either way, it's one of the ultimate "hidden taxes", sadly.

foofighter20x
04-24-2010, 03:02 AM
In this Orwellian day-in-age, the fact that he says it's off the table says to me it isn't.