Browsing All posts tagged under »VAT (Value Added Tax)«

How the Value Added Tax Works

December 29, 2010 by

2

By Conn Carroll The spending pace of President Barack Obama and the 111th Congress simply cannot be sustained. There will either have to be spending cuts or higher taxes. The left prefers higher taxes, including the imposition of a value-added tax (VAT). How would a VAT work. Heritage scholar Curtis Dubay explains: The VAT is […]

The VAT’s in the Fire

April 26, 2010 by

0

By Ken Blackwell When President Obama was a candidate, he pledged over and over to voters: If you make less than $250,000 a year, your taxes will not go up. Voters read his lips. They hoped for change. Yesterday, the President said that the Value Added Tax is “on the table.” That means it will […]