[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 1317 Introduced in House (IH)]

111th CONGRESS
  2d Session
H. RES. 1317

  Expressing the sense of the House of Representatives that the value-
   added tax in addition to existing Federal taxes is a massive tax 
 increase that will result in hardships for United States families and 
     job-creating small business and will stunt economic recovery.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 29, 2010

    Mr. Lance (for himself, Mr. Burgess, Mrs. McMorris Rodgers, Mr. 
Chaffetz, Ms. Jenkins, Mr. Garrett of New Jersey, Mr. Lee of New York, 
 Mr. Boozman, Mr. Cole, Mr. Hastings of Washington, Mr. Hoekstra, Mr. 
  Kingston, Mr. Burton of Indiana, Mr. Moran of Kansas, and Mr. Paul) 
submitted the following resolution; which was referred to the Committee 
                           on Ways and Means

_______________________________________________________________________

                               RESOLUTION


 
  Expressing the sense of the House of Representatives that the value-
   added tax in addition to existing Federal taxes is a massive tax 
 increase that will result in hardships for United States families and 
     job-creating small business and will stunt economic recovery.

Whereas a value-added tax (VAT) is a sales tax imposed on the transfer of goods 
        at each stage of the production or supply chain, and is determined by 
        reference to the value added by each firm in the chain;
Whereas a VAT is a tax on the transfer of goods at each stage of production;
Whereas a VAT is hidden from the end user;
Whereas a VAT unfairly targets low- and middle-income wage earners by assessing 
        value on every production activity and passing the cost on to the 
        consumer;
Whereas President Barack Obama and Senior Economic Advisor Paul Volcker have 
        suggested instituting a VAT on top of income tax;
Whereas United States taxpayers will be subject to a tax increase as a result of 
        the recently enacted health care reform legislation and the expiration 
        of the 2001 and 2003 tax cuts;
Whereas, of the 10 major OECD nations with a VAT, only one has lowered the rate 
        since 1962;
Whereas Denmark has increased their rate from 9 percent to 25 percent, Germany 
        from 10 percent to 19 percent, and Italy from 12 percent to 20 percent;
Whereas, in Europe, this heavier spending and tax burden has also meant lower 
        levels of income growth and job creation; and
Whereas deficit reduction can be achieved by cutting wasteful spending, 
        promoting policies for job creation, and expanding opportunities for 
        small business: Now, therefore, be it
    Resolved, That it is the sense of the House of Representatives that 
a value-added tax in addition to existing Federal taxes is a massive 
tax increase that will result in hardships for United States families 
and job-creating small business and will stunt economic recovery.
                                 <all>