From The Hill:
A new value-added tax (VAT) is “on the table” to help the U.S. address its fiscal liabilities, House Speaker Nancy Pelosi (D-Calif.) said Monday night.
“I would say, Put everything on the table and subject it to the scrutiny that it deserves,” Pelosi told Rose when asked if the VAT has any appeal to her.
Everything? Has any tax has ever been OFF the table for Ms. Pelosi?
The Speaker also emphasized that any reworking of the tax code would not result in an increase in taxes on middle-class Americans.
Of course it’s won’t. Just as the health care bill she’s pushing through congress doesn’t raise taxes on people making less than $250K as the president promised.
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