Pinocchiobama’s Nose Grows Again!


Remember that emphatic promise? Well, as with most of Pinocchiobama’s promises, it turns out that this promise was just so much bull[expletive deleted] too. Never mind that most of the existing taxes will be increasing at the start of 2011, Pinocchiobama’s got a brand new tax in mind to relive taxpayers of their hard earned income, so he can spend even more money the government doesn’t have.

Obama Floats a VAT: ‘It’s Something That Would Be Novel for the United States’

President Obama made it official today: He is open to the imposition of a Value-Added Tax (VAT) on the American people. A VAT would violate Obama’s central campaign promise – a “firm pledge” that no family making less than $250,000 per year would see “any form of tax increase“.

Obama’s admission came during an interview with CNBC’s John Harwood. Asked if he could see the potential for a VAT, the President said:

“I know that there’s been a lot of talk around town lately about the value-added tax. That is something that has worked for some countries. It’s something that would be novel for the United States. And before, you know, I start saying ‘this makes sense or that makes sense,’ I want to get a better picture of what our options are.”

Obama’s VAT admission may explain his recent attempts to alter the terms of his central campaign promise.

Twice in the past two weeks, Obama has claimed his middle class tax pledge only applied to income taxes rather than “any form of taxes”.

In his April 10 Weekly Radio Address, Obama said:

“And one thing we have not done is raise income taxes on families making less than $250,000. That’s another promise we’ve kept.”

In a speech on the evening of April 15, Obama repeated the truncated promise:

“And one thing we haven’t done is raise income taxes on families making less than $250,000 a year — another promise that we kept.”

The two recent statements stand in stark contrast to Obama’s original promise:

“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.” (Dover, NH) [Transcript] [Video]

The Obama VAT admission also comes the day after White House economic advisor Austan Goolsbee refused six consecutive opportunities to permanently close the door on a VAT and two days after White House spokesman Robert Gibbs said a VAT “is not something the President has proposed nor is it under consideration.”

See also:
Obama suggests value-added tax may be an option
Barack Obama Leaves The Door WIDE Open For A VAT Tax
Obama suggests value-added tax may be an option
Obama: Value-Added Tax A “Novel” Idea
Key Player on Debt Commission Says VAT in the Mix
Will the VAT Lady Sing?
The VAT Is Obama’s License to Spend
Will They Take ‘No’ As Answer To VAT?
Sales-tax idea meets with a bipartisan no
Value added tax (VAT)

So, there it is America, yet another big Pinocchiobama lie that’s going to cost you your hard earned money. You can’t trust anything that comes out of Pinocchiobama’s mouth anymore, he can’t even spell the word truth.

/you might try nailing your wallet to the kitchen table, but voting Republican this fall is probably the only thing that’ll keep Pinocchiobama from stealing it

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: