VAT

There will be a BAT in the U. S. within five years. Mark my words. VAT stands for Value Added Tax. This is a sales tax that is levied on products at point of consumptino. It is a consumption tax and hits people who cannot avoid it the hardest. The people who can avoid the tax are rich. The people who have a hard time avoiding the tax are poor.

The VAT will come in to existence even if it is called something else. It will be added to all other taxes. We will not eliminate the IRS or allow people to have exemptions. Any promises of these things are lies.

Some call it a fair tax because every one has to pay it. The more stuff rich people buy or import, the more consumption tax they pay. Illegal aliens residing in the U. S. still have to pay the consumption tax every time they buy a candy bar. They do not pay it on remittances. The biggest argument is that the middle class and poor people end up baring the brunt of this kind of tax because there are simply many more poor people and as a group, they buy more than the ever shrinking middle class. Why is socioeconomic discrimination OK when it it is against the rich and not the poor? Isn't it just as wrong one way as it is the other?

Remember that services and products will have the cost. It will show up on top of all existing taxes on phone, internet, pay TV, plumbers, rent, hell, even paying the Mexican guy who does your lawn will go up, b3ecause he too now has to pay VAT on lunch, gas and maintenance.

I don't have a problem with VAT or consumption taxes as long as they are fare balanced across the board. They will not be balanced because there will be a cry that the poor cannot afford the tax. Don't mind that the poor use most of the services that are paid for by the taxes, currently paid for by people who are contributing to the economy instead of bleeding it dry. I hope I can be a contributing member of society for the rest of my life. There will most likely come times where I need help. It has happened before. Still, I'm not deliberately making career out of it.