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Entries in VAT Taxes (1)

Saturday
Jul132013

Obamacare Nabs Tax Non-Payers - Will Pay VAT 

Looking wistfully back to 2008 after the 2012 Presidential elections, the Obama euphoric election afterglow has left much too soon this time. The stark realities of Obamanomics dulled feelings fast. Obama ignored blatant warning signs and well-marked guideposts which then shoved the country further down as it lost its footings and then ground in laying out any future foundation. "Community Organizer" skills didn't cut it as the CEO of the biggest country in the history of the world. 

This fact was not lost on taxpayers that Obama was taxing and spending, but what about the other clueless who did not pay taxes? For tax yearFirst-Time taxpayers Shocked - Pay VAT Tax share 2011, the non-partisan Tax Policy Center estimates that only 54 percent of Americans paid Federal income tax. Coming soon, a bill will be introduced for a Federal VAT, Value-Added-Tax, charged on every item sold to pay for the Obamacare Program. (State & Local Taxes not included) How do the 46 percent income tax-free filers feel now, especially when VAT has been forecast upwards to 20% to start? (Top VAT: 25% Norway & UK: 20%) So, a $2.50 bread loaf jumps to $3.00/loaf; a $3.00 gal./gas to $3.60 gal.; a $4.00 cup/latte to $4.80 cup; or $100.00 Mo./TV Cable to $120.00 TV Cable.  ....Now, How does EVERYONE love Obamacare?

We have allowed our Federal government to rob the American people of its rich culture, freedom and livelihood through its overreaching, burdensome, instructive regulations and laws. How is it that Obama can pick or chooseFailures: Obamacare, Benhanzi, IRS, AP, Fast & Furious & Immigration. which laws he wishes to enforce and then tinker with them to his liking without Congress? Obama has never submitted a comprehensive budget since he has been office either and yet spends more not knowing his budget spending limits?  The myriad of scandals mount, why have none of them been investigated or settled? When does this guy read the Constitution to learn his duties? Why do all of the politicians in Washington, DC let this continue on and do nothing about it?