In the ETV GOP Gubernatorial Debate last night, Representative Nikki Haley brought up Congressman Barrett’s continued support for a Value-Added Tax (VAT), which is often compared to a European-Style national sales tax and would constitute, in the Congressman’s own words, a “massive tax increase.” The Congressman did not take the opportunity to revoke his support for the VAT.
Today, Representative Haley is calling on Congressman Barrett to remove his name as one of only five Republican cosponsors of H.R. 2927, the “Border Tax Equity Act of 2009, which, as The Hill newspaper reported yesterday, includes a VAT.
“A Value-Added Tax would be devastating to the small businesses and citizens of South Carolina, and the Congressman should denounce this bill – which he has cosponsored on more than one occasion – and pull his name off it immediately,” Representative Haley said.
“Congressman Barrett voted for the $700 billion bailout of Wall Street and has refused to admit or attempt to correct that mistake,” Haley continued. “He has an opportunity to do now what he didn’t do then and respect the conservative, free-market principles that will protect our South Carolina businesses and bring good, quality jobs to our state. He should remove his name from the bill immediately.”
An He did!
Barrett Drops Sponsorship Of VAT Tax