October 8, 2010

Value-Added Tax Would Cripple Production, Complicate Tax Structure

Democrat Ron Young Announces Support for European-style Valued Added Tax

October 7, 2010

Press Release from the Office of Senator Alex X. Mooney - Democrat Ron Young announced his support for a European-style value added tax on his website. Young's site features a "Frequently Asked Questions" portion, and when asked how he would "increase revenues," Young responded by proposing a hidden, European-style form of taxation levied at various levels of production.
"My opponent supports a form of taxation that currently does not exist anywhere else in the United States, explained Senator Mooney. This form of taxation hides the additional charges from consumers, who would not realize they were paying the tax."
"Liberal Democrat House Speaker Nancy Pelosi supports this destructive form of taxation," Mooney said. "My opponent can't seem to make up his mind on the issue of taxation. He says he won't consider raising taxes, yet announces his support for entirely new forms of taxation on his website. Voters want to know, which is it?"
During a debate with Senator Alex Mooney at Frederick Community College on October 5, Ron Young announced,
"I'm not supporting taxes -- any tax increases at this time. It's the wrong time to do that."
This is a stark contrast to his enthusiastic support for the hidden tax on goods.
"Ron Young is incapable of telling voters the truth when it comes to raising taxes," charged Mooney. "Sending Young to Annapolis will guarantee another 'Yes' vote for job-killing taxes that hurt Maryland families."

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