Next Move by the Kommies - VAT

[Flame Red]

Here is come folks, the Kommies-in-Charge cannot grab enough $ fast enough to pay for their next $3T give-away. They are learning that inflation is real from all their give-aways, and interest rates will be headed higher, so they cannot borrow another $3T.

So now they are going to partially copy the VAT over from Europe. And guess what, you will still have to pay the old Federal Payroll Taxes, Medicare Taxes, State Sales Taxes, State Property Taxes, and now the price of EVERYTHING will go up with their VAT.

Too much of the economy is underground is their cry! And we wonder why Bitcoin is so big!

[REDinFL]

VAT also shows that commies/socialists/liberals who purport to be "for the people", are not. A VAT is a very regressive tax. Low income people, who might not have to pay tax, or even file, will pay a tax on most of their income, since most of their income is spent on just staying alive. Social Security, which is not taxed except on higher income levels, would be taxed from dollar one. Yes, it's just a scheme to grab even more from the suckers.

[flcracker]

So now they are going to partially copy the VAT over from Europe.

Do you have a link to this?