Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.”     Plato

April 9, 2010

Friday Question

by Brad Warbiany

Bruce at QandO is ruminating on the VAT, which is likely the next step on paying for Leviathan.

But it doesn’t make sense. If Congress is working so hard to make their new programs deficit neutral, why are they looking for big new hidden revenue sources?


Permalink || Comments (3) || Categories: Fiscal Policy,Taxation
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3 Comments

  1. Because they want to reduce the deficit.

    Comment by Thane Eichenauer — April 9, 2010 @ 8:28 pm

  2. So they don’t have to go after the root of the problem: SPENDING!

    Comment by TerryP — April 10, 2010 @ 8:11 am

  3. Hehe, careful, on can place the tongue so far into the cheek that cramps may ensue.

    But to answer: It’s because they’ve already tried fairy dust, wishing, denial, pithy sound bites, magic lamps, proud posing in front of flags and babies, ad hominems ad nauseam, scapegoats, stalking horses, histrionics, fraud, perfidy, and ignorance.

    What’s left?

    Free ponies for everyone! Even if we have to draw them from a VAT of other’s life’s work.

    Comment by Akston — April 10, 2010 @ 6:57 pm

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