Obama Regime to Raise Taxes?

April 7, 2010 at 08:44 (Economy, News, Politics)

They would have to wouldn’t they? You can’t really go full-out socialist or communist without taking in as much of everyone’s money as you can. Note that the solution to getting costs and the budget under control is NOT to spend less, but to tax more. The idea of spending less is not even a considered option. Again, it has to be that way. You have to addict the ‘masses’ to government programs and make them dependent, and you have to take as much and spread around as much money as you can get away with. Anything else might lead you down the path of liberty, and that defeats their purpose.

(Reuters) – The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.

Volcker, answering a question from the audience at a New York Historical Society event, said the value-added tax “was not as toxic an idea” as it has been in the past and also said a carbon or other energy-related tax may become necessary.

Though he acknowledged that both were still unpopular ideas, he said getting entitlement costs and the U.S. budget deficit under control may require such moves. “If at the end of the day we need to raise taxes, we should raise taxes,” he said.

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