Saturday, April 10, 2010

20% Value-Added Tax

They want to impose one. That’s IN ADDITION to the existing income taxes. Do you know how much of a percentage of your income that is? You’re already paying more than 50% of your income for the taxes levied on you by all the various levels of government, not even talking about the many LEVELS OF TAXES on the same money you’re paying now to ALL levels, INCLUDING the feds?Are you going to gullibly just continue to pay this theft of your earnings? Or are you going to do something about it? I favor a national sales tax (not that big—maybe 5%, because everybody would be paying it if they didn’t Make “special circumstances” exclusions) But NOT IN ADDITION to existing taxes. How they think they can get away with that is beyond me. (Just common sense)

3 comments:

Anonymous said...

Well, it seems they can get away with anything now, so I would not be surprised if they succeed in getting away with this.

Ray Thomas said...

Anon: They keep talking about 20-25% tax as if it were the ONLY tax we have to pay. I think a one to five percent number is more appropriate because EVERYBODY will be paying it until they get through making exceptions specifically for their friends.

Anonymous said...

Yup!