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To: Polybius

He is talking about an ADD ON tax which is a VAT

The 9% in Cain’s plan is NOT a VAT - it is a Point of Sale tax.


7 posted on 10/18/2011 12:32:46 PM PDT by justsaynomore (Cain 2012 - http://teamcain.hermancain.com)
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To: justsaynomore; Polybius

Dudes, stop getting this thread off track.

We’re talking about the modified version proposed by one of the 999 creators. It doesn’t contain a sales tax or VAT.

If you want to disucss the sales tax, go to another thread. Let’s keep this on on subject.


12 posted on 10/18/2011 12:35:45 PM PDT by Brookhaven (I oppose an electric border fence, because it might kill the alligators in the moat)
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To: justsaynomore
He is talking about an ADD ON tax which is a VAT The 9% in Cain’s plan is NOT a VAT - it is a Point of Sale tax.

These are Cain's own words in Cain's own article.

"The worst idea is a proposed national sales tax, which is a disguised VAT ..." ..... Herman Cain

Cain brought up VAT to come up with a catchy title;

"Don't be VAT Stupid" = "Don't be THAT Stupid"

"Giving the administration and Congress another tool to tax us and confuse us is like giving an alcoholic a key to the liquor store with no supervision, only to discover that he locks the door after he is safely inside. ..... Here are three of the biggest reasons the national retail sales tax is the worst idea on the table. ..... ..... one more tool to lie, deceive, manipulate and destroy this country" ...... Herman Cain

Did you get that?

Was it clear enough?

Cain was talking about a "NATIONAL RETAIL SALES TAX".

Repeat.

A "NATIONAL RETAIL SALES TAX".

Is a "NATIONAL RETAIL SALES TAX" not the exact same thing as a "a Point of Sale tax"?

29 posted on 10/18/2011 12:48:19 PM PDT by Polybius (Defeating Obama should be Priority Number One.)
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