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To: mylife
A 9% tax on top of what you already pay for goods and services.

You seem to be assuming that the price of everything will stay the same and then a 9% surcharge will be added?

That is not the case. The costs of goods and services will change because the corporate tax rate will change and so will consumer demand.

If you paid a 4% sales tax on a doughnut that you were charged a dollar for, but a 9% sales tax on a doughnut that you were charged 50 cents for, you'll end up paying less.

77 posted on 10/01/2011 5:53:40 PM PDT by fightinJAG (Please stop posting "helpful hints" in parentheses the title box. Thank you.)
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To: fightinJAG

Herman Cains Phase one "enhanced plan" relies entirely on the "Super committee" And airy group of six that I defy anyone here to name, and a group that will no longer exist by the time of the election.

79 posted on 10/01/2011 5:59:59 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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