Until he gets rid of the sales tax idea, this is a terrible plan for America to accept!
Oh I get it, you're against voluntary taxation. Check - got it.
Liberals will love this idea and come along for the ride.....then it can be switched to a flat tax.
Besides, it is the PEOPLE’s job to police their representatives......the founders tried to put obstacles in place to run-away gov’t and it did not work.
Your idea would fail just the same.
Until he gets rid of the sales tax idea, this is a terrible plan for America to accept!
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Not if you eliminate the income tax, which is a mess. Besides, it is much better than Obama’s 666 plan.
I would be paying more in taxes than I am now.
It's interesting how like minded people can see somethings so differently. I like the plan if he eliminates the 9% income tax. A sales tax eliminates a lot of the underground market and a sales tax will adversely affect an economy quicker if it's increased.
A national sales tax is a great idea because it’s entirely voluntary based on consumption.
I’d personally like to see the income tax phased out altogether, and if this is step one towards that goal, I’m for it. Show that a national sales tax IS viable with a hybrid system, then eliminate the income tax.
How long have politicians been talking about fundamentally changing our tax laws? As far back as I can remember. Ain’t gonna happen, no matter who’s in the White House.
Agreed.
Once upon a time in America, in the days of the Lincoln-Douglas Debates, ideas had to be explained and then defended in detail. Today, in what now passes for so-called "debates", what counts is being able to throw out catchy sounding sound bites and memorized wise cracks ("Where's the beef?") in less than 30 seconds.
The 9-9-9 Plan sounds cute and catchy but, now that Cain is no longer flying under the radar, the 9-9-9 Plan will get dissected.
The plan, for the first time in U.S. History, introduces a FEDERAL SALES TAX. As U.S. History has show, once you let the nose of a Tax Camel into your tent, the Tax Camels fat butt will eventually follow.
In 1913, the brand new Federal Income Tax was introduced and the top rate was only 7% (A cute little camel nose). By 1944, the top rate had ballooned to 94% (One huge, fat camel arse.)
Once you introduce a brand new Federal Sales Tax at 9% under Republican President Cain, what prevents a money addicted Federal government from jacking it up under Democrat President Jones to 10% .... 11% .... 12% .... 14% .... 16% .... 18% .... ?
Think about it.
Also think about what a 9% National Sales Tax means to seniors on small fixed incomes that currently pay no Income Taxes right now.
A NINE PERCENT DROP IN PURCHASING POWER.
Also think about what a 9% National Sales Tax means to those of us with significants savings that we accumulated over a lifetime during the Income Tax era:
A NINE PERCENT DROP IN PURCHASING POWER in 2014 of those saved Dollars that were ALREADY INCOME TAXED when we earned them.
All the nestegg money that you earned and saved up until now will end up being DOUBLE TAXED. Income Taxed when you earned and saved it at (insert your own income tax rate here) and then National Sales TAXED AGAIN at a 9% rate when you spend it in 2014.