Blasting the Pelosi VAT trial balloon

At least I hope it is a trial balloon. Last week I wrote about a possible value added tax, as suggested by House Speaker Nancy Pelosi (D-Calif.), and how her words implied she wanted to kill employer-based health plans and effectively turn our health care system into a single payer game. The Center for Freedom and Prosperity Foundation has a good video explaining the VAT scheme.

Here is the video from the center and Dan Mitchell. Please don’t be put off by the lavender suit 😉

Hat tip to Power Line and Hot Air, with more over at the Wall Street Journal from last week when I first brought this up … trying to stay ahead of the curve ya know?

httpvh://www.youtube.com/watch?v=b6JDpw8a2Hk

2 replies
  1. Dimsdale
    Dimsdale says:

    Where is the "value added" in this tax?  Does that mean increasing the price and the perception of value?  More expense = less buying = a finger in the eye of our economy.

     

    Nice.

  2. thomas_shawn
    thomas_shawn says:

    What you tax, you get less of.  I think their idea is to produce less value, less wealth, to "equalize", to "spread the wealth around" (until it disappears altogether.)

    Now that the Chinese have temporarily but vigorously embraced capitalism, the plan is to get the USA to embrace what destroys .. communism/socialism.

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