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To: xzins

The sales tax idea is going nowhere as long as you have to pay FICA and Medicare Taxes.


11 posted on 09/27/2011 1:44:52 PM PDT by Patrick1 ("The problem with Internet quotations is that many are not genuine." - Abraham Lincoln)
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To: Patrick1

The 9% personal income tax is in lieu of FICA.


19 posted on 09/27/2011 1:47:09 PM PDT by C. Edmund Wright
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To: Patrick1

This sneaks “national sales tax” into the conversation WITHOUT a push to end the income tax. It is a bald-faced grab for more money.


24 posted on 09/27/2011 1:48:45 PM PDT by xzins (Retired Army Chaplain and Proud of It! True Supporters of our Troops PRAY for their VICTORY!)
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To: Patrick1
The sales tax idea is going nowhere as long as you have to pay FICA and Medicare Taxes.

You haven't read Cain's plan.

27 posted on 09/27/2011 1:49:05 PM PDT by Da Bilge Troll (Defeatism is not a winning strategy!)
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To: Patrick1
The sales tax idea is going nowhere as long as you have to pay FICA and Medicare Taxes.

I thought the 9-9-9 was to remove FICA and Medicare taxes.

However, I have another question. If I have to pay 9% personal and it is a known fact that corporations do not pay taxes because they are included in the price of goods that we purchase, so I am also paying the 9% corporate and the 9% sales tax when I purchase those goods.

Is my rate now 27%?
30 posted on 09/27/2011 1:50:23 PM PDT by Misplaced Texan (July 4, 2009 - the first day of the 2nd Revolution!)
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To: Patrick1

1. I do believe that this *does* eliminate FICA and Medicare Taxes.
2. the 9-9-9 plan is a transition to the Fair Tax and the eventual abolishing of the 16th amendment.
3. The 9-9-9 plan immediately eliminates the 80,000+ page tax code and severely limits the IRS
4. the 9-9-9 plan rewards savers
5. the 9-9-9 plan ends the pandering to special interest groups with tax loopholes
6. *EVERYBODY* pays. The 9-9-9 plan ends tax welfare. (It’s still lower than many poor people are currently paying, even if they don’t realize it.)
7. the 9-9-9 plan reduces the corporate tax rate, stimulating immediate economic growth and increasing competitiveness in the global market. (prices *will* go down - companies *will* grow - unemployment *will* go down)

Can you imagine? A three-line tax form?

- what did you make?
- multiply this number by .09
- pay that

Heck, we’d probably have it taken out of our paychecks and never see it. NO TAX DAY.

After the public is educated on the Fair Tax, we can finish the transition and there would be NO income tax and NO corporate tax. Everybody pays. (That includes illegals, drug dealers, prostitutes, etc. If you buy something retail, you pay.)

BTW, My daughter works part-time at a minimum wage job. (She’s going to college) She pays 13% out of every paycheck to the Federal gov’t.

***************************************

I’m not sure what he plans to do with churches. I don’t believe that churches should be exempt from paying taxes, but that’s more of a free speech issue for me. (The pastor gives up his right to free speech by claiming tax-exempt status.)


68 posted on 09/27/2011 2:03:02 PM PDT by Marie (Rock you like a Herman-CAIN!)
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