Comments on: Why the U.S. needs a Value Added Tax http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/ Now raising intellectual capital Sun, 08 Nov 2015 08:31:30 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: gospel online http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-258855 Tue, 07 Oct 2014 15:40:29 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-258855 I not to mention my friends have been going through the nice ideas found on the blog and all of a sudden came up with a horrible suspicion I had not expressed respect to the website owner for those techniques. All of the people came for this reason joyful to study them and have now very much been taking advantage of these things. I appreciate you for really being simply accommodating and for using this sort of helpful ideas millions of individuals are really eager to know about. My personal honest apologies for not expressing appreciation to you sooner.

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By: Markerden http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-253907 Wed, 02 Apr 2014 09:38:53 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-253907 VAT is important because it offers a restriction to the prices of products. It there was no VAT applied, then it may lead to price rise. So a certain amount of money is to be paid to the government in the name of VAT. For more information on VAT – especially the new EU VAT change to the place of supply for electronic services – just visit http://www.taxamo.com/

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By: Benny_Acosta http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-6996 Fri, 04 Dec 2009 15:43:59 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-6996 If the US issues a VAT then it also needs to do away with income tax. It also needs to do away with all of it’s very poorly run programs and instead take a position of referee.

That is to say that rather than actually running programs like education and medical programs, and housing programs etc.. It needs to institute a financial social safety net which distributes assistance payments to the citizenry. It would be much like continuously receiving stimulus payments. They wouldn’t amount to very much for each household, but it would serve to smooth things over during difficult times.

Then the government simply needs to uphold standards of ethical business practices, and the rule of law. And in all law it is the citizen that must come first. No more special interest groups. EVERYONE has the same rights. Gay, straight, man, or woman, it doesn’t matter. All citizens have the same rights to life liberty and pursuit of happiness.

On the surface this may seem like it would be very expensive. But in actuality it would cost much less than what the government currently pays for corporate welfare and the administration of its entitlement programs. With what our war is costing us alone this plan could be easily carried out for decades.

The advantage of putting money directly into the hands of the citizenry is that they will be encouraged to consume, pay bills, choose their own medical care, schools, etc.

Our money is backed by faith alone. If one is going to have faith in something, then that something actually has to come through in a positive way. Otherwise why would anyone have faith?

If you want the forest of American business to grow strong then the roots of that forest must have the water they need. The citizenry are the roots of American business. Capitalize the citizenry. Then even if all they do is buy cheetos with their money they will still be supporting the economy. And as long as they are capitalized they will continue to support the economy.

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By: Frank http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-5128 Sat, 26 Sep 2009 01:56:34 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-5128 What a minute, is this instead of the income tax or along with the income tax? If it’s instead of, I’d say it sounds great. If it’s in addition to, I’d ask if these people are nuts? The American people are overtaxed as it is. Adding more taxes is just going to push us from recession to depression.

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By: weezer http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-4152 Sat, 12 Sep 2009 22:11:58 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-4152 “The cell phone working” …

Now that’s funny!
(Laughing to hard…can’t type).

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By: Mark http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-4120 Sat, 12 Sep 2009 05:59:46 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-4120 And just for the record,,I rent,,and do not even make 35,000 a year.. Value Added Tax? What exactly does that load of horseshit mean? And look at social security,,that was supposed to be for the people who worked, for their retirement,,but it has been taken from, and abused by the government…… I want my SS back!! All I have paid in from my paychecks,,I want it in one lump sum,,it was money I worked for,,but the US Gov. stole.. Thieves!!!!!

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By: Mark http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-4119 Sat, 12 Sep 2009 05:50:32 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-4119 A new tax?! Are you fucking kidding?! How about cut out wastefull spending of the taxes we already pay too much of!Anyone making more than 200,000 a year needs to be fired. too many people make way more than they need while doing nothing….. A new tax!? How about a new Country,,, that is why the US was started in the first place,,to get away from over taxation and being told what to think and believe… What the fuck happened?!?!?!

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By: Clive S http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-4104 Sat, 12 Sep 2009 01:25:30 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-4104 Reply to Laocoon.
You’re right that saving under a high income tax regime and spending under a high comsumer tax regime is not a good deal. This is a transitional problem which needs to be addressed through interim tax allowances but it should also be be remembered that retirees and the poorer sections of society spend a higher proportion of their income on food and other essentials. In most countries operating VAT these goods are zero rated, i.e. no tax is payable.
VAT is a replacement for Sales Tax and a slice of Income Tax. It moves spending power from Government to people, if you’re having a difficult month not spending means not paying taxes unlike Income Tax which comes off whatever your problems. If government sees VAT income reducing they have to sit up and think because that means something is happening in the real economy. If income tax reduces who knows until its too late. My politics are old fashioned Reagan and Thatcher believe me VAT is not a socialist conspiracy.

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By: Drew http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-4065 Fri, 11 Sep 2009 16:39:39 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-4065 Any tax, which yields more money for government, will in turn, provide more resources to a government, which will use these resources to create more taxes. Like an obese person, the government should be on a high protein diet and weaned off other people’s money – our money.

P.S. Why do I feel I’m helping Reuters staff to produce more of this drivel?

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By: DR http://blogs.reuters.com/commentaries/2009/09/08/why-the-us-needs-a-value-added-tax/comment-page-3/#comment-4054 Fri, 11 Sep 2009 15:20:21 +0000 http://blogs.reuters.com/commentaries/?p=3634#comment-4054 The currently high US Federal Deficit was cause by WallStreet. Let them pay for it by charging a tax on all financial transactions(Tobin Tax). The VAT tax is a non-starter, there is no way the states are going to allow the Federal government to muzzle in on this tax by competing with the state sales tax. The states have their deficits to pay off too!

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