[Congressional Record Volume 156, Number 76 (Wednesday, May 19, 2010)]
[House]
[Page H3546]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
VALUE-ADDED TAX
(Mr. GUTHRIE asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. GUTHRIE. Mr. Speaker, about 1 month ago was Tax Day, the day that
hardworking Americans sent their money to Washington. And sadly, the
President and the Democrat majority in Congress continue to advocate
for policies that increase taxes and add more government spending, both
of which are already out of control. President Obama has refused to
renounce the idea of forcing a value-added tax on the American people,
and his economic team has already run the numbers. The value-added tax
is essentially just a national sales tax that hits everyone who buys
any goods, which will cost American families thousands of dollars. This
European-style tax wouldn't replace income taxes in this country--it
would be on top of them. It's time for Congress to put the American
people first and simplify a complicated and overreaching tax code. The
American people know that we can't spend and tax our way back to a
growing economy.
____________________