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What the hell is this VAT tax?


 Now the Prez is saying he will not go back on his word about raisin income taxes, so he and TTB(the power that be)have come up with this ridiculous
"Vat" tax. "Value Added Tax", which would be better defined in my book as a "Stealth Tax", so the public thinks Obama is such a wonderful President, he is not raising
income taxes.  I just ran across this in last day or so, and I would be very interested in knowing how and when they are going to apply this tax.  I got a few
vague answers, but nothing I really could grasp.  I think it was because my mom had the TV on MSNBC and it was mentioned and swept under the rug..
I know it is a way for the government to get around raising income taxes, that I did not any real explanation for, but what types of things is the Obama
administration going apply this to?
This is CABL.com posting #300597. Tiny Link: cabl.co/mbqmv
There are 3 replies to this message
Re: What the hell is this VAT tax? Trey9007 4/22/2010 11:31:47 PM
Re: What the hell is this VAT tax? MCT-40 4/22/2010 11:26:30 PM
Re: What the hell is this VAT tax? sab3r 4/22/2010 1:36:43 AM