Slowly but surely the word is spreading that buried deep within Obamacare’s 2,400 pages are all kinds of unpleasant surprises for individual Americans and their families as they seek medical care and insurance coverage.
But did you know Obamacare is also a stalking horse for imposing a European-style value-added tax (VAT)on Americans? CNN’s Money desk is raising alarms, though not of an approaching VAT kind:
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No one’s seriously talking about a VAT, nutters.
White House advisor Paul Volcker called the idea “not as toxic” as it’s been in the past.
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On Sunday, the New York Times reported that the Obama administration’s economic team was kicking the policy tires on a national value added tax (VAT) as a means of dealing with the deficit, among other things.
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According to the New York Times, the Obama administration’s economic team is already running the numbers to prepare for the possibility of instituting a national value added tax:
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URL: http://www.sfexaminer.com/taxonomy/term/3297
