{"id":1142,"date":"2009-10-06T15:12:44","date_gmt":"2009-10-06T19:12:44","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=1142"},"modified":"2009-10-06T15:16:17","modified_gmt":"2009-10-06T19:16:17","slug":"pelosi-its-time-to-consider-a-vat","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/1142\/pelosi-its-time-to-consider-a-vat\/","title":{"rendered":"Pelosi: ‘It’s Time to Consider a VAT’"},"content":{"rendered":"

In a recent interview<\/a> with Charlie Rose<\/a>, Speaker Pelosi not only hinted at a Value-Added Tax (VAT) to pay for health care “reform,” she practically endorsed the idea as a way to equalize tax treatment between the U.S. and Europe.<\/p>\n

Pelosi stated, “Somewhere along the way,\u00a0a value-added tax plays into this.\u00a0 Of course, we want to take down the health care cost, that’s one part of it.\u00a0 But in the scheme of things, I think it’s fair to look at a value-added tax as well.”<\/p>\n

The implementation of a VAT would assuredly break President Obama’s pledge that no one making under $250,000 would see a tax increase of any kind.\u00a0 A VAT is essentially a massive sales tax (over 20% in some countries) on all consumers.\u00a0 What’s worse, a VAT is typically not transparent, that is, prices go up but consumers don’t see the tax when they’re at the checkout counter.<\/p>\n

See below for Obama’s pledge.\u00a0 Studies on the regressive and horrible idea of a VAT here<\/a> and here<\/a>.<\/p>\n

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In a recent interview with Charlie Rose, Speaker Pelosi not only hinted at a Value-Added Tax (VAT) to pay for health care “reform,” she practically endorsed the idea as a way to equalize tax treatment between the U.S. and Europe. Pelosi stated, “Somewhere along the way,\u00a0a value-added tax plays into this.\u00a0 Of course, we want […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[12,111,14,245],"class_list":["post-1142","post","type-post","status-publish","format-standard","hentry","category-posts","tag-health-care","tag-nancy-pelosi","tag-president-obama","tag-vat"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=1142"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1142\/revisions"}],"predecessor-version":[{"id":1146,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1142\/revisions\/1146"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=1142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=1142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=1142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}