Over at Investor’s Business Daily, Wayne Crews and I make the case against a Value Added Tax. Policy makers have been flirting with the idea as a way to reduce the $1,400,000,000,000 budget deficit.

We argue that a VAT is:

-Complex; it would require roughly doubling the size of the IRS.

-Untransparent; most VATs don’t show up on receipts the way sales taxes do. Taxpayers are clueless as to how much tax they actually pay.

-Vulnerable to special-interest tinkering; politically incorrect goods are routinely…

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Two EPA lawyers criticized the cap-and-trade energy bill passed by the House as a scam, noting in The Washington Post that it will be manipulated to profit politically connected corporations and reward certain kinds of pollution, while not cutting greenhouse gas emissions.  A similar scheme enacted in Europe in the name of fighting global warming enriched polluters, while not reducing emissions, which actually rose faster in most of Europe than in the U.S.

The Washington Examiner explains how the bill will lead to deforestation, and thus increase greenhouse gas…

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In the Washington Post, Robert J. Samuelson explains in the “Public Plan Mirage” how the so-called “public option” contained in congressional health-care reform bills is just a gimmick: “It pretends to control costs and improve access to quality care when it doesn’t.” Steve Chapman wrote earlier about the “‘Public Option’ Health Care Scam.”

In other news, a study by PriceWaterhouseCoopers found that the provisions in the Senate health care “reform” bill sponsored by Sen. Max Baucus (D-Mont.) would add $1,700 a year…

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The Associated Press is now chiding President Obama for falsely claiming that his proposed tax on uninsured people is not a tax.   It is a tax increase, the AP says, and it would be enforced by the IRS: “Memo to President Barack Obama: It’s a tax. Obama insisted this weekend on national television that requiring people to carry health insurance - and fining them if they don’t - isn’t the same thing as a tax increase. But the language of Democratic…

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Obama’s proposed tax increases create a massive financial penalty for married couples, by subjecting them to much higher income taxes than if they had chosen to live together without getting married. (Unmarried people voted decisively for Obama. But as the Associated Press notes, “married people tend to favor” Republicans like McCain).

Under the tax increases contained in Obama’s recent budget proposals, a married couple making $232,000 a year would be in a higher tax bracket than many unmarried couples making $370,000 a…

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Congressman Jerry McNerney (D-California) has advocated raising marginal tax rates to 90 percent. Such a tax increase on the wealthy would be necessary, but not sufficient, to pay for the vast spending increases proposed by the Obama Administration, if it is to keep its promise not to raise taxes on those making less than $250,000 per year. Indeed, it would not raise enough money, since there simply are not enough wealthy people to pay for all the proposed spending.

In the…

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