What's a little recession when your government needs money?
A month or so back, I mentioned the value-added tax and how absolutely evil it was, and by now, if you listen to any news or commentary shows you've heard it mentioned as a looming possibility. So let me restate – forget the income tax, forget the property tax, those are pikers when it comes to evil taxes. It's the VAT that is the Mother of All Evil Taxes. It's the income and property tax rolled into one and then hidden from view. It's regressive, repressive, it never goes down, and it's hidden from view.
Do I need to say more?
Hell yes… because I haven't seen any outrage from you. Is it because you're already paying it in the form of gas and energy taxes? Well, you ain't seen nothin' yet.
Beck and O'Reilly have even endorsed it, just "not now," and Krauthammer recently warned that it was coming.
And yesterday the always filthy Paul Volker said that the VAT "was not as toxic an idea" as it used to be. He added: "If at the end of the day we need to raise taxes, we should raise taxes."
And in Volker's defense, a VAT would fund a vast highway construction project – in the form of wide new avenues of corruption.
NOW HEAR THIS: We never need to raise taxes! EVER! Whenever politicians claim there's a need to raise taxes, it's because they've spent too much. PERIOD! And raising taxes will only cause them to spend more.
Remember who quaint it was to justify the Republican spending orgy by saying that they were simply making it impossible for Democrats to spend more if they returned to power? You never dreamed that Dems knew no limits, did you? So raining taxes will pay for it? Not on your life. You'll just be even worse off – forever.
But you'll never even know it because the VAT will be painless. Just a few cents on every single dollar value from mining level to the retail shelf.
What's so terrible to me is that it can even be considered and discussed. But then I never thought America would elect a communist with no experience, no track record, and not even a traceable background. If people can vote for that, they'll accept anything.