VAT tax coming to America?

I don't even need to read the articles (but I will after I post) to know that this is bad news. I do not want to turn this into a slight against the Obama administration in any way, but I have to say, things are getting ridiculous under his leadership in terms of what's said and what's done. Over half of America wholeheartedly believed that they elected a man into office who was going to give relief to the poor. Now, they (most, at least) never took the time to do the math and figure that the top 5% of Americans CANNOT POSSIBLY repay trillions of dollars. But, nevertheless, they stuck by him, defended him, and still do defend him, saying that "the poor are not going to be taxed." Well, what's inflation? What's higher prices of items? What's a low-value dollar? Answer to all three: Horrific news for the regular, hard-working and poor people of America. No matter what, the average Joe in America cannot win for losing. Even presidents elected under the cloak of help and hope will find ways to stick it to the little man for the sake of government expansion. "You're poor! You need government in your lives." Yes, yes, we really do! Come save us! Wait... now we're even poorer! "That just means you need MORE government! We'll really help this time!" Yes, yes, we really do need more government this time. Come save us! Umm... we're still poor! "Then you need MORE government!" And so on and so on... The only defense of this behavior tends to be, "Look at Bush! He was worse!" And this is just laughable. It seems to be a refusal to face facts. Here are the facts: The past is past, the future is now. Get ready for more penny pinching while politicians fly the friendly skies in their jets, ride around in their limos, and eat like kings on our dime. Come election time, however, they'll all find a way to blame someone else and make themselves look like the saviors. It's disgraceful -- even more so that people buy into it. Give the country back to the people, please. :-)

Many of the things in our economy are tearing the poor down. We all need to get as self sufficient as possible, and pay down debt and stretch our dollars. Unfortunately some poverty is generational. No one in the family has ever been anything but poor, no one is teaching the poor how to be anything but poor, and we just keep on pushing them down.

Just a little bit surprised that VAT has not been introduced into United States. In fact this type of tax is quite common in other countries, whether developped or developping ones, and here in France we pay a VAT up to 19.6%.Crazy? Maybe. I suppose the crucial problem here is what state's gonna to do with the tax you paid. To mprove the socail welfare, to fix your broken health insurance system or just to bailout those giant 'too big to fail' corporations. In the end of last years all the people were expecting Obama's bailout plans to save U.S. out of the recession but seldom just asked the question how would he manage to finance them. Now the tax is his solution.