James Pethokoukis

More on America and the VAT

October 1, 2009

The oh-so-smart Andrew Samwick on the chances of a VAT over at the Capital Gains and Games blog:

Obama’s not-so-secret plan to raise taxes

October 1, 2009

Does President Obama have a secret plan to raise taxes on middle-class Americans — and,well, pretty much everybody else — with a European-style, value-added tax? Actually, it’s not such a big secret. Connect the dots:

Will financial markets force a $400 billion tax hike or a VAT?

September 30, 2009

So I am at this CAP thing on the deficit where talk of higher taxes was hot and heavy. Both Robert Rubin and Roger Altman both seemed to imply that the financial markets will force action sooner rather than later on the deficit — and that means higher taxes.

Is Obama planning a VAT surprise for America?

September 28, 2009

So John Podesta, co-chairman of Obama’s presidential transition team, says a value-added tax is “more plausible today” than ever, adding that “there’s going to have to be revenue in this budget.” A few thoughts:

G20: A global test for US economic policies?

September 25, 2009

This from the lede of today’s WSJ piece on the G20:

The Group of 20 nations is close to an agreement that would require members to subject their economic policies to a type of “peer review,” according to several senior G-20 officials, in a shift that would expose the U.S. and China to broad scrutiny of the way they run their economies.

Poll: Americans don’t want a VAT healthcare tax

May 29, 2009

Scat VAT! Rasmussen reports that while Democrats would go for a national sales tax to pay for universal healthcare, no so the rest of the country: