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Nancy Pelosi: VAT Tax Is ‘On The Table’

From The Hill:

Pelosi says new tax is ‘on the table’

By Michael O’Brien – 10/06/09

A new value added tax (VAT) is "on the table" to help the U.S. address is fiscal liabilities, House Speaker Nancy Pelosi (D-Calif.) said Monday night.

Pelosi, appearing on PBS’s "The Charlie Rose Show" asserted that "it’s fair to look at" the VAT as part of an overhaul of the nation’s tax code.

"I would say put everything on the table and subject it to the scrutiny that it deserves," Pelosi told Rose when asked if the value-added tax has any appeal to her.

The VAT levies a tax on manufacturers at each stages of production on the amount of value an additional producer adds to a product.

Pelosi argued that the VAT would level the playing field between U.S. and foreign manufacturers, the latter of which do not have pension and healthcare costs included in the price of their goods because their government provide those services, financed by similar taxes.

"They get a tax off of that and they use that money to pay the health care for their own workers," Pelosi said, using the example of auto manufacturers. "So their cars coming into our country don’t have a health care component cost."

"Somewhere along the way, a value-added tax plays into this. Of course, we want to take down the health care cost, that’s one part of it," the speaker added. "But in the scheme of things, I think it’s fair look at a value- added tax as well."

Pelosi said that any new taxes would come after the Congress finishes the healthcare debate currently consuming most lawmakers’ times, and that it may come as part of a larger overhaul to the tax code.

The speaker also emphasized that any reworking of the tax code would not result in an increase in taxes on middle-class Americans.

One of the things that is steadfastly ignored in the comparisons of idyllic Europe, where healthcare is ‘cheap,’ and the US where it is ‘expensive’ is that everything else costs more to pay for the cheap healthcare.

As the article admits, the ‘Value Added Tax’ is how they do it.

"They get a tax off of that and they use that money to pay the health care for their own workers," Pelosi said, using the example of auto manufacturers. "So their cars coming into our country don’t have a health care component cost."

Their cars cost more in their own countries.

The speaker also emphasized that any reworking of the tax code would not result in an increase in taxes on middle-class Americans.

No, a VAT tax would never affect the middle-class.

This article was posted by Steve on Tuesday, October 6th, 2009. Comments are currently closed.

15 Responses to “Nancy Pelosi: VAT Tax Is ‘On The Table’”

  1. proreason says:

    Here it comes.

    The criminals in congress and elsewhere love VAT taxes because the taxes can be buried in the cost of everyday things. Indeed, the politicians will soon be complaining about the high costs of everday things, and will blame it, of course, on capitalism.

    Today, sales taxes are carved out for you in the purchase price of items.

    Be assured, the VAT tax will not be.

    They wouldn’t want you to know the outrageous costs of your incompetant government.

  2. Right of the People says:

    Botox rots your brain.

  3. wirenut says:

    Didn’t do much for her face either.

  4. VMAN says:

    Let’s have a VAT tax and a national sales tax and a national property tax and a national auto tag and a and a and a. Then everthing would be FREE because the government would provide EVERYTHING!!!!! It’s would be sooooo great HOO RAH!!!!

  5. canary says:

    This is insane. The Obambies are also thinking of adding the “federal sales tax” to our tax system.

    Right of the People, seriously botox is poison, add those doctors her money buys to over prescribe, she is not normal in the mind, but then th democrats have all been acting wierd, like the Stepford Wives. Smiling and stupid things coming out of their mouthes like the CZARS.

  6. Reality Bytes says:

    Ever wonder what Pelosi’s portrait in Congress is gonna look like?

  7. wirenut says:

    Thanks RB, I needed that. Strangely, I find the green witch much more alluring than the current plastic one. HAW!!
    To beat the wicked Witch of the North, all Dorothy needed was a bucket of water and the ability to dodge a broom. Pelosi, has already released the monkeys and we got fire hoses. Thanks for the laff!

  8. canary says:

    We are paying for airplane that flies Nancy Pelosi’s for botox injections.
    I guess it’s not only paralyzing her brain cells but her eyesballs too.

  9. Tater Salad says:

    Respect the Office? Yes!

    Respect the Man in the Office? No!

    I have noted that many elected officials, both Democrats and
    Republicans, called upon America to unite behind Obama. Well, I want to make
    it clear to all who will listen that… I AM NOT uniting behind Obama!

    I will respect the Office which he holds, and I will acknowledge his
    abilities as an orator and wordsmith and pray for him, but that is it.

    I have begun today to see what I can do to make sure that he is a one-term

    Why am I doing this?

    It is because I do not share Obama’s vision or Value system for America .

    I do not share his Abortion beliefs.

    I do not share his radical Marxist’s concept of re-distributing wealth.

    I do not share his stated views on raising taxes on those who make $150,000+
    (the ceiling has been changed three times since August).

    I do not share his view that America is arrogant.

    I do not share his view that America is not a Christian Nation.

    I do not share his view that the military should be reduced by 25%.

    I do not share his view of amnesty and giving more to illegals than American
    Citizens who need help.

    I do not share his views on homosexuality and his definition of marriage.

    I do not share his views that Radical Islam is our friend and Israel is our
    enemy who should give up any land.

    I do not share his spiritual beliefs (at least the ones he has made public).

    I do not share his beliefs on how to re-work the health care system in
    America .

    I do not share his Strategic views of the Middle East, and certainly do not
    share his plan to sit down with terrorist regimes such as Iran .

    Bottom line, my America is vastly different from Obama’s, and I have a
    higher obligation to my Country and my God to do what is Right.

    For eight (8) years, the Liberals in our Society, led by numerous
    entertainers who would have no platform and no real credibility but for
    their celebrity status, have attacked President Bush, his family, and his
    spiritual beliefs! They have not moved toward the center in their beliefs
    and their philosophies, and they never came together nor compromised their
    personal beliefs for the betterment of our Country! They have portrayed my
    America as a land where everything is tolerated except being intolerant.

    They have been a vocal and irreverent minority for years; they have mocked
    and attacked the very core values so important to the founding and growth of
    our Country.

    They have made every effort to remove the name of God or Jesus Christ from
    our Society.

    They have challenged capital punishment, the right to bear firearms, and the
    most basic principles of our criminal code.

    They have attacked one of the most fundamental of all freedoms, the right of
    free speech.

    Unite behind Obama? Never!

    I am sure many of you who read this think that I am going overboard, but I
    refuse to retreat one more inch in favor of those whom I believe are the
    embodiment of Evil.

    PRESIDENT BUSH made many mistakes during his Presidency, and I am not sure
    how history will judge him. However, I believe that he weighed his decisions
    in light of the long established Judeo-Christian principles of our Founding

    Majority rules in America , and I will honor the concept. However, I will
    fight with all of my power to be a voice in opposition to Obama and “his
    goals” for America .

    I am going to be a thorn in the side of those who, if left unchecked, will
    destroy our Country! Any more compromise is more defeat.

    I pray that the results of this election will wake up many who have sat on
    the sidelines and allowed the Socialist-Marxist anti-God crowd to slowly
    change so much of what has been good in America .

    “Error of Opinion may be tolerated where Reason is left free to combat it.”

    ~Thomas Jefferson

    God bless you and God bless our Country!

    Even if you agree, you are not required to pass this on, but I think that it
    is important to let others know how you stand and that those who are in
    agreement with this are not standing alone.

    Thanks for your time, be safe.

    In God We Trust

    “If we ever forget that we’re one nation under God, then we will be a nation
    gone under.”

    ~Ronald Reagan


  10. Tater Salad says:

    To the Democrats in Congress who don’t quite get it: I want to offer a personal pledge. I – and a lot of other people – have every intention of removing you from Congress in the next election if you stand in the way of health care legislation that the people want. That is not a hollow or idle threat. We will come to your district and we will work against you, first in the primary and, if we have to, in the general election. We do not want the “Public Option”…..period!

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