The Obama - Clinton Disaster Message Board

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Politics : The Obama - Clinton Disaster

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To: clutterer who wrote (28095)	3/26/2010 4:40:11 AM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 103300

THE VALUE ADDED TAX IS COMING... March 26, 2010 The VAT Cometh By Charles Krauthammer WASHINGTON -- As the night follows the day, the VAT cometh. With the passage of Obamacare, creating a vast new middle-class entitlement, a national sales tax of the kind near-universal in Europe is inevitable. It's the ultimate cash cow. Obama will need it. By introducing universal health care, he has pulled off the largest expansion of the welfare state in four decades. And the most expensive. Which is why all of the European Union has the VAT. Huge VATs. Germany: 19 percent. France and Italy: 20 percent. Most of Scandinavia: 25 percent. American liberals have long complained that ours is the only advanced industrial country without universal health care. Well, now we shall have it. And as we approach European levels of entitlements, we will need European levels of taxation. The full article: realclearpolitics.com GZ

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