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April 22, 2009
Greedy Dems to Tax Internet
Posted by Dave Blount at April 22, 2009 11:09 AM
Obamatrons continue to bleat the preposterous lie that 95% of Americans will pay lower taxes under socialism. Meanwhile, in the real world:
Now Congress and Obama have their eyes on the Internet to help fund more government spending — because most U.S. States are pushing for the new tax rules that require federal oversight — and Washington is ready and willing to help. Congress is expected to introduce a bill this week that would require Amazon.com, L.L. Bean, eBay, Cabela's and other online merchants to collect sales tax on all online purchases and return that money to the state in which the purchaser resides — which may force business that make sales online to abide by the tax laws maintained by each and every state.
The new bill rewrites the ground rules for mail order and Internet sales by eliminating what its supporters view as a "loophole" that, in many cases, allows Americans to shop over the Internet without paying sales taxes.
But this is nothing compared to a massive tax hike on all of us that is already in motion. Printing presses are working overtime to churn out increasingly worthless currency to pay for Obama's deficit spending spree. As Alan Greenspan pointed out:
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … Deficit spending is simply a scheme for the confiscation of wealth.
Once the recession lets up, inflation is going to hit like a tidal wave. At least our worthless cash will give us something to burn for heat, as the climate continues to cool, and utility prices are deliberately driven through the ceiling in the name of global warming.
Obviously, deficits like these mean higher taxes for everyone.
On a tip from mandible claw.
