From Yahoo News: 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."...When asked if he could see a potential VAT in this nation, the president said: "I know that there's been a lot of talk around town lately about the value-added tax. That is something that has worked for some countries. It's something that would be novel for the United States."
"And before, you know, I start saying 'this makes sense or that makes sense,' I want to get a better picture of what our options are," Obama said. http://news.yahoo.com/s/ap/20100421/ap_on_bi_ge/us_obama_tax
Obama just threw a bunch of advisers under the bus after they had denied that the Value Added Tax was on the table.
To even consider shows how clueless Obama is. He doesn't understand that most Americans are tired of the crap that goes on in DC.
And if he proposes this, he just broke his promise about raising taxes on people below $250,000. But then promises by this joker in chief really doesn't mean anything.
President Barack Hussein Obama: Worst President EVER!!!
At the Freezing Lake Café...
4 hours ago
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