Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Senate votes against a value-added tax

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Matt Holdridge
Campaign For Liberty
April 18, 2010

From the Washington Times:

Senators voted overwhelming Thursday to say they don’t want to create a new value-added tax, or VAT, in a vote designed to take the wind out of an idea that had been circulating among policymakers for the last several weeks.

The 85-13 vote against a VAT was nonbinding, but it did put one chamber of Congress on record in opposition to adding the new tax just weeks before the first meeting of President Obama’s debt commission, which is supposed to report back this year on how to bring the country’s finances under control.

Six senators are part of that commission, and all six voted against a VAT, a type of consumption tax that’s been adopted in Europe. If all six senators remain consistent in their opposition, it means a VAT could not be part of the commission’s plans, because the president’s rules say that any recommendations need support of 14 of the 18 members on the panel.

Trial balloons such as a VAT tax shouldn’t be taken lightly. Leviathan has an appetite that cannot be satisfied and they’ll continue to look for new and creative ways to consume your income. Keep an eye out.

This article was posted: Sunday, April 18, 2010 at 4:39 am

Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

Raheem Kassam: Sh*thole London See the rest on the Alex Jones YouTube channel.

Germans Being Mass Brainwashed by TV to Submit to Islam See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/bcPVfa76Qig https://www.youtube.com/embed/kYmTFL9nbRQ

© 2018 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.