I've been telling you for a while now that the Value Added Tax (VAT) was a distinct possibility. Just last week I linked to an article outlining all of the signs that pointed to the fact that the VAT is coming.

So here it is. Princess Nancy has now asserted that a VAT is "on the table." And what table might that be? The table at which the people who have the power to change our tax code .. that's what table. So you certainly don't want to lose any sleep over this. There's looters at the table and producers propping it up. Then there's the moochers who are more than ready to give their loyalty to the looters. Where does that put you?

Soon the Democrats will realize what happens when you cut the legs out from under them. Why is that? Because the VAT would be in ADDITION to all of our current taxes. It's not reform, it's just more taxes (with some minor adjustments). We are not talking about an overhaul like the FairTax would achieve - complete abolishment of our current tax system. We are talking about MORE taxes.

But somehow, we are supposed to magically believe that this would not increase taxes on the middle class. At least, that is what Princess Nancy promises. Remember, though ... it's all in the meaning of the word "tax." If it was at one point in your pocket, and it then, without coercion and without your consent, ends of in the hands of government, it's a tax.

Hey! I think I just came up with a new definition of "tax!" Let's try to refine it:

"Money or property owned by a private entity that is transferred by force to the government."

I'm sure Obama would love it!