Posted on 09/28/2011 7:41:39 AM PDT by SeekAndFind
I agree Cain comes across a truthfull. And that is why I want more info from him.
Because I was defining the total taxes that would accrue, and would end up going to the government, on a purchase beginning with pretax earnings.
That would include the three taxes that Mr. Cain defines in his 9-9-9 plan:
1 - 9 % Income tax on personal earnings
2- 9% Business tax on corporate profits(sometimes he calls it "corporate tax")
3 - 9% Sales tax on the purchase at the retail level
You seem to misread or not understand my posts.
I wasn't trying to show the taxes would be either higher or lower than taxes today. I wasn't trying to compare the tax burden of the plan as oppposed to the present tax burden.
I was simply pointing out how the total tax burden would accrue under the 9-9-9 plan with the government realizing some tax at each step of a transaction from manufacture to ultimate purchase.
Your final statement correctly states what my posts show:
"Finally, your assessment of the 9% being charged all the way is probably accurate..."
Thank you.
Nice post. I didn’t have the energy to spell it out for the one trick pony.
Of course but my post was intended to point out that the total tax burden TODAY is FAR higher than under 9-9-9 even with the additional federal sales tax.
I left your specious personal income tax in for calculation purposes. That’s where I got my additional $62.00 figure.
I guess you have a hard time understanding, yourself. We are far better off under 9-9-9 even before one considers the economic activity which would be unleashed as well as the drastically reduced costs of compliance (billions) for both personal and corporate taxation.
Finally, the bone I threw you wrt to the 9% attached to each stage of the process is the corporate taxes, not the sales tax. It’s not a VAT and would only be assessed at the RETAIL level.
You do a fine job of setting a straw man up then knocking it over.
To repeat - I was not making a comparison between the tax burden of today and the tax burden of the 9-9-9.
I believe that you are correct. From “On the Issues”:
Herman Cain on Gun Control
Let each state pass a concealed weapon bill
Q: What about a nationwide concealed weapons bill?
A: Here’s how I’d like that done: Let each state pass a concealed weapon bill. Empower the states—some states already have it—and not have a federal mandate. I believe in the Second Amendment.
Source: Campaign event Q&A in Rochester New Hampshire Apr 28, 2011
At my college, there was:
1) “easier” calculus for pre-med people
2) calculus for math,engineering, physics, ...
The college level calculus I speak of was #2, not #1.
You wrote:
“You realize, of course, that if Cain is elected, then you can forget about National Reciprocity. You can also forget about owning a gun in any state in the future which has a large number of Democrat voters because Cain will not interfere.”
In contrast stand the facts of what he actually said, in context:
BLITZER: All right. Let’s talk about gun control. Do you support any gun control?
CAIN: I support the Second Amendment.
BLITZER: So you don’t — so what’s the answer on gun control?
CAIN: The answer on gun control is I support strong — strongly support the Second Amendment. I don’t support, you know, onerous legislation that’s going to restrict people’s rights in order to be able to protect themselves as guaranteed by the Second Amendment.
BLITZER: Should states or local governments be allowed to control the gun situation? Or should...
CAIN: Yes.
BLITZER: The answer is yes?
CAIN: The answer is yes. That should be a state’s decision.
We just had the same calculus for all. I went once to pick up my “add card” for late registration and was obliged to go to one of the 3x a week labs that augmented the 3x a week classes. Everything I was tested on was in a clear, logically written (though fat) textbook. Memorize the formulas, plug in the numbers on the exams.
But yes, most students had to struggle and put hours and hours into it. What I’m getting at is that a math degree shows a logical mind and/or a willingness to work hard. Both were not necessarily required and I don’t know if Herman had one and/or the other.
Still, you don’t see a lot of dense math majors. But nothing from his life story tells me he is stupid anyway.
You wrote:
“Although Cain says he supports the Second Amendment, in the next breath he says he *fully* supports *any and all* state gun control/prohibitions.”
In contrast stand the facts of what he actually said, in context:
BLITZER: All right. Let’s talk about gun control. Do you support any gun control?
CAIN: I support the Second Amendment.
BLITZER: So you don’t — so what’s the answer on gun control?
CAIN: The answer on gun control is I support strong — strongly support the Second Amendment. I don’t support, you know, onerous legislation that’s going to restrict people’s rights in order to be able to protect themselves as guaranteed by the Second Amendment.
BLITZER: Should states or local governments be allowed to control the gun situation? Or should...
CAIN: Yes.
BLITZER: The answer is yes?
CAIN: The answer is yes. That should be a state’s decision.
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