Something We Need To Watch Closely

Treat this as you would a poisonous snake in your backyard: as soon as you see it, take the hoe and chop off its head. Its the only way to be sure.

The Left’s Plan to Impose a Value-Added Tax and Why It Won’t Work for America

Liberals are finally facing up to the fact that their big-spending ways are leading to growing deficits. But they still insist that the right solution is to raise taxes to cover their profligate spending rather than living within our means.One proposal is to implement a European-style value-added tax on consumption on top of the income tax. This new tax, Heritage’s J.D. Foster explains, would “hammer private savings for an extended period as individuals and families slash their saving rates to sustain current consumption in light of the VAT’s higher prices.”

A new analysis from Heritage tax expert Curtis Dubay explains how the VAT really works and why it is wrong for America. He also debunks several myths about the VAT: that it would increase savings rates and investment; that it would boost economic growth; that it would promote exports; and that it would allow lower income taxes.

Pay Attention To the VAT Link

The Daily Grind

BY Mary Katharine Ham

In defense of the Americanization of the British election.

Leave "Top Gear" alone!

Gregg: "It's really disingenuous for some people to pursue regulatory reform based off this one instance," he said on MSNBC. "This is a single event, we don't even know what the outcome will be."

"Mostly white" newspapers smear "mostly white" Tea Parties.

A Washington Post columnist comes to the Tea Party: "Nevertheless, on the whole, they struck me as passionate conservatives dedicated to working within the system rather than dangerous militia types or a revival of the Ku Klux Klan."

Robert Samuelson: "The implicit, though often unstated, message is that a VAT could raise so much money it could eliminate future deficits by itself. This reasoning, if embraced, would create staggering tax burdens and exempt us from a debate we desperately need."

Wall Street questions the timing.

Crist pulls anti-Rubio TV ads.

Doctors: Yep, we don't understand Obamacare either.