Well, maybe not yet. Maybe not next month. But soon. Real soon.
Even if you ignore the current devastation we find ourselves in, when you hear your majesty Obamassiah talk like this, you know we are screwed.
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."
EEEEEK. They're talking about a 0.2% VAT at the start. Yeah, that is where Europe started too. Now some places are up to 20% federal VAT. Then you add on the local VATs.
Would you be willing to pay $10 for a gallon of gas? And this is even more toxic than the healthcare takeover that massively increased taxes ?
After Obama adviser Paul Volcker recently raised the prospect of a value-added tax, or VAT, the Senate voted 85-13 last week for a nonbinding "sense of the Senate" resolution that calls the such a tax "a massive tax increase that will cripple families on fixed income and only further push back America's economic recovery."
Even the liberals in the Senate are not as Socialistic as our President. EEEEEEK