Herman Cain's big advantage (Here's another item to put on the plus side of the scales)

American Thinker ^ | 09/28/2011 | J.R. Dunn

[Hodar]

You realize, of course, that if Cain is elected, then you can forget about National Reciprocity.

So, all states are held hostage to the state with the worst gun laws. If California see's no problem with issuing concealed permits to illegal aliens with numerous felony convictions; your state MUST abide by that decision? That seems a bit extreme, doesn't it?

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.

Not true; the Constitution supercedes the states in specific areas. For example, slavery is illegal in all states. In cases where the Constitution does not dictate, those powers belong to the state, such as Age of Conscent, income taxes, etc. We also have legal challenges concerning the 'Right to Bear Arms' that are constantly changing existing state laws. No state can arbitrarily remove 'rights'. The Bill of Rights garrantees specific things, no state can remove those rights without legal redress. This is as it should be.

Lastly, the United States Supreme Court is just 1 judge away from determining that individual citizens are not allowed to own, possess, or carry guns.

Again, false. To change the Constitution requires a Super-Majority vote in Congress, followed by a Presidential signature. The Supreme's do not get to 'ad hoc' change the constitution as they see fit.

[SeekAndFind]

Hey folks,

Keep it coming. THIS IS THE KIND OF DISCUSSION AND EXCHANGE WE NEED TO HAVE — ABOUT IDEAS.

Wisecracks ( e.g Yes We Cain, Cain is Able, Beat Obama with a Cain ) are comic relief, but what we really need is to discuss the pros and cons of someone who actually HAS A PLAN ( That would be Herman ).

Now, if we can include a discussion of Herman’s CHILEAN MODEL for Reforming Social Security, this thread would be really worth it. It will EDUCATE people regarding what’s in it for them.

The problem I have with Rick Perry for instance is this — HE CORRECTLY DIAGNOSES THE PROBLEM ( i.e. Social Security is akin to a Ponzi Scheme ), but then he DOES NOT PROPOSE WHAT HIS SOLUTION TO THE PROBLEM IS.

No wonder he is on the decline!

[Tomato lover]

Cain is able Please, read my tagline and join the Cain Mutiny. Come Election day, my husband and I are voting for Herman Cain, even if we have to write his name down on the ballot. This is where we draw the line, we are not giving another inch.

[justsaynomore]

NOT TRUE

Herman Cain is 200% pro 2nd Amendment. What he said in the Blitzer interview (mentioned on that link you posted) was taken to mean that he believed states could overrule the 2nd amendment. He does not believe that and he explains here:

(at the 10:17 mark) I strongly support the 2nd amendment. I said that some things should be left up to the states, for example, if the states want to require background checks, let the states decide that. But I did not in ANY WAY mean states had a right to restrict access to owning firearms. So that was the misunderstanding.
http://www.youtube.com/watch?v=vOUF1Hug0JI

[Cowman]

$9.00 corporate income tax of 9% paid by the manufacturer $9.81 national sales tax of 9% $11.75 income tax of 9% $30.56 = TOTAL TAXES TO THE GOVERNMENT

And that is different from a 30%-50% income tax how?

Actually I would favor scraping the whole tax scheme we have now and going with a flat rate sales tax on everything because it would do away with the need for keeping personal information on every citizen and the entire control structure of the IRS. The problem with any tax is that congress will engage in social engineering by lowering taxes on favored items and raising tax on items they dislike.

Perhaps the fairest thing to do would be to divide the cost of government by the population and send a bill to each citizen. One for the state, one for the town and one for the feds. This would be the most transparent means of raising revenue as long as no one could manipulate anything.

[rbmillerjr]

“Usually the maufacturer sells to a distributor and the distributor sells to a retail outlet and the retailer sells the product to you.In that case the manufacturer pays a 9% business tax, the distributor pays a 9% business tax and the retailer probably pays a 9% business tax also. “

This is not an accurate representation of CAINs Plan. You are describing a VAT value added tax...that is completely different than what CAIN is proposing..

Cain’s 9% would only be taxed at the retail level...not along the distribution line.

[rbmillerjr]

“Actually I would favor scraping the whole tax scheme we have now and going with a flat rate sales tax on everything because it would do away with the need for keeping personal information on every citizen and the entire control structure of the IRS.”

That is exactly the entire long term plan put forward by CAIN, he is doing it in practical phases.

Phase II would be to eliminate the personal income tax and the Corporate Income Tax and replace them both with the “Fair Tax”

Analysis of the full plan here. http://axdwhiteman.info/index.php/component/content/article/102-can-herman-cains-999-plan-work

[The Shrew]

I like your evolutionary idea of modifying Cain's tax plan. But, I would add that you are underestimating the true rage that is in the country. The political issue that the democrats are avoiding like the plague is control of the US Senate.

1. There are six democrats who are retiriing in 2012 and therefore losing the near invincibility of incumbency.

2. Seventeen other democrats, including the intellectually challenged Maria Cantwell of Washington and Debbie Stabenow of Michigan, Cornhusker Kickback Ben Nelson, and Claire McCaskill of Missouri. Kent Conrad of North Dakota is going to lose if properly financed and the NRSC doesn't screw it up by wasting all of their money in California vs Dianne Feinstein.

In the House the Republicans could pick up another 10 - 24 seats. That is simply staggering. But well short of a veto-proof majority. But, could it be done? In today's economy with Obama's popularity dropping like a stone. The NY 9th election debacle - we could be looking at a momentous election.

I know. I know. If wishes were horses.....

Regards,

TS

[Theodore R.]

Not at all, Cain won’t get a single more black vote than McPain did. The black vote is perpetually pre-committed.

[Iron Munro]

You are describing a VAT value added tax...that is completely different than what CAIN is proposing. Cain’s 9% would only be taxed at the retail level...not along the distribution line.

Not so. A VAT is essentially a transaction (sales) tax on each transaction from manufacture to final retail sale. But the VAT is a tax only on the "value added" to a product, material or service by the seller.

That is not the scenario I described.

Do you have a reference for the asssertion that there would be no 9% tax on intermediate transactions "along the distribution line"? Wouldn't distributors pay a 9% "corporate tax"? And would not that tax be passed on to the ultimate consumer as a hidden tax rolled into the price of a product? That is the scenario I described.

Every reference I have found specifies a 9% income tax, a 9% "sales tax" and a 9% "corporate income tax".

It is clear that the income tax applies to personal income and I assume that the sales tax applies only to the final retail sale.

But the "corporate income tax" would apply to all corporations and business entities, would it not? I find no mention that certain corporations are exempt.

[green iguana]

All science is based on math. All physics is, is applied mathematics.

[Theodore R.]

I believe Conrad has already announced he won’t run.

[Theodore R.]

I believe Conrad has already announced he won’t run.

[The Shrew]

You're right. He's one of the six retiring Democrats.

Regards,

TS

[Marie]

BET founder Robert Johnson is a Cain donor.

Over the last few days, he’s publicly come out against Obama’s economic plan and track record.

I’m expecting him to come out swinging for Cain within the next couple of weeks.

Now that is a *major* Obama backer swinging to Cain. Many more will follow.

[green iguana]

Your math is off. The 35% corporate tax does not apply to revenues, it applies only to net profits, aka earnings before income tax (EBIT). Most retailers would be thrilled with an EBIT margin of 8%. At that rate, on a $10 shirt net profit would be 80 cents and the tax would only be 28 cents.

Try working your tax comparison using that.

[marstegreg]

Wow you give up your rights so easily

I’m not giving them up. They are being taken from me. In your quest for the perfect candidate, are you willing to overlook an honest candidate to fall for someone with pretty words and no substance?(like Obama) My point is not about giving up the right to bear arms (I agree with you on that), it is about a candidate who is FOR states rights. And about “It does not say just congress, it is a statement that all are to follow.” Where have you been for the past 3 years? Congress has ignored the Constitution on a fairly regular basis for quite a while now. The problem is how to get them to start.

[Iron Munro]

And that is different from a 30%-50% income tax how?

BINGO!

The 9-9-9 plan may sound simple on the surface but upon a close look it becomes more complex. The same force that drives compound interest on savings bank deposits applies here in the form of compound taxation.

In the basic scenario I lay out in my post #60 a product the manufacturer could sell for $100 (cost plus profit) would actually cost us $130.56 of our pre-tax earned income. Note that I said pre-tax income.

If there are other corporate income taxes added to the final product cost by distributors, etc. the total taxes (hidden and non-hidden) realized by the government on that $100 product go even higher.

[Marie]

At first I was a bit frustrated by people who didn’t gt it.

Now I see that they have become a wonderful tool for those of us who support Cain to cut their teeth on.

The public debate is getting real now and it’s helping to educate the population. If you can’t convince the one person you’re debating, that’s alright. You might influence a dozen others who read the thread with well-reasoned, rational arguments.

This is great! :D

[Vigilanteman]

It's difficult to see how they can turn the anti-science cannon on a man fully trained in the rigors of the scientific method.

It is because the libtards prefer to use the reverse scientific method:

1. Draw your conclusions.
   
2. Collect data.
   
3. Massage or discard any data which doesn't support the conclusions.