The VAT (Value Added Tax)

This is going to be obama's answer to the cost of his Health care plan and, once again, the little guy is going to be stung the most. This VAT is a tax that is added on everything we purchase... EVERYTHING! There is a rumor that food purchases could be exempt, but I think that is highly unlikely. One of the major problems is that this tax falls squarely on the shoulders of the end consumers of these taxed products. This VAT is considered a "regressive tax", meaning the lower your income is, the bigger bite this tax will take out of your pocket. But wait, those of you that have worked hard, gotten a good education and have clawed your way to a good salary will be slammed too, because you folks tend to have more disposable income and a HUGE chunk of that will be going to the VAT, thereby reducing your ability to buy products. This tax will be included on every product that is used in the manufacture of those end products too, meaning everything, every ingredient, every single item sold to a manufacturer which is in-turn used to manufacture an item will be taxed. So every business in the chain leading up to the end product will be taxed and guess who will be bear the burden of this tax? You and I, the end consumer. . .you know the old expression "crap rolls downhill" and it this case it will land right in our laps! This is not going to be good for an already horrendous economy. With the current national unemployment rate at 9.7%, if this tax goes through, we will all be hurting even more than we are now. We need to let our elected officials know that this VAT is a horrible idea; of course, our elected representatives did not listen to us on the Healthcare issue so do you really think they are going to listen to us on this huge mistake?