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To: numberonepal
I'm against compulsory tax on top of compulsory tax on top of a brand spanking NEW compulsory tax.

Call me after the amendment to forever end the income tax is a part of the US Constitution.

Until then this is just one more tax scheme by a guy who worked for the Fed.

14 posted on 09/27/2011 1:46:17 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: xzins

As long as you’re in your mom’s basement you might as well check the plan for yourself: http://www.hermancain.com/999plan

If you are able to read, you will notice that the intention of 9-9-9 is to move away from income taxes altogether and implement the Fair Tax.

Good luck.


155 posted on 09/27/2011 3:09:18 PM PDT by Retired Greyhound
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To: xzins
9-9-9 does a few things.

First, it means the underground economy would contribute and so would illegal aliens via the 9% sales tax on new items only.

Second, there is federal taxation but those three flat-rate categories. No FICA, no estate, no loopholes.

Since there's no FICA, all workers will pay less than they currently do.

The 9-9-9 rates can easily be locked in with a good balanced budget amendment like the one associated with Cut, Cap & Balance which requires two-thirds supermajority votes in congress to raise any tax rates.

222 posted on 09/28/2011 12:39:23 AM PDT by newzjunkey
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