Posted on 10/13/2011 3:53:13 PM PDT by TLittlefella
That is a very good point. An excellent one, in fact. I've been worried that Cain has tied himself too closely to this plan for exactly the reason you bring up. But I've been thinking too many steps ahead.
Thanks. You've changed my mind, and that's a rare occurrence.
Just how many specifics did you expect out of that stupid debate format? "Mr. Cain, please lay out all the specifics to every single aspect of your 999 plan. You have thirty seconds."
How about these three questions for a simple 30 second answer:
Mr. Cain, What income if any will be exempt from the 9%
Mr. Cain, What sales (homes, etc) if any will be exempt
Mr. Cain, What are Empowerment Zones?
Not anything like a 9% sales tax. For a typical American business the federal corporate income tax is less than 5% of their gross revenue. So even if the business was able to set the price of the goods in the market (rare unless they are a monopoly) and they passed all of their savings on to the consumers, you'd see something in the order of a 5% price reduction. But you'd have to pay the 9% sales tax.
Most of your rant is about things that have nothing to do with the 9-9-9 proposal. The sales taxes is on new item sales only; it's been stated and written many times in many venues. Sell your lawn mower? No sales tax. Buy an older home? No sales tax. Buy a pre-owned car? No sales tax.
I heartily agree more detail needs to be posted to the site. Clearly there's a more detailed version than outlined because Cain said he had it independently scored.
You're attacking him on something you say will never get passed anyway. Obviously you oppose Cain so who are you for?
Who is the moron that wrote this piece? He doesnt even know there is no tax on used stuff and proposes to tell us about the plan? Oy!
No tax on used items.
Yet.
When the car manufacturers start complaining about the unfair advantage of purchasing used cars, you bet that there will be a sales tax on used cars shortly after this plan, god forbid, would ever by made law.
Then used clothes, books, etc. You know, just like states with sales tax have.
Yeah, and you dont pay when corporate taxes are increased either right?
This is not stated on Cain's website - forget about verbal guesses - Cain needs to state in writing on his website no sales tax on used items. Until he does so it is just rumors and speculation.
Obviously you oppose Cain so who are you for?
To the contrary, I was impressed with Cain in the early stages, but the longer time goes on without details on his website about the 999 plan the more I distrust him.
May I respectfully ask that you propose something better? I think if we want to save this country from the coming economic disaster we need to do something about the current repressive job killing redistribution scheme that Congress uses to enslave us and reward their cronies. I know that Cain’s plan is by no means perfect and stands little chance even in a Republican controlled Congress, but I’d rather not elect another smug politician willing to nibble at the edges of the problem and tell us that kicking the can to our children is a much better plan.
Car dealers will simply take their new cars and drive them a couple of miles, then declare them as used to escape the new tax.
Guess it depends of the meaning of “new” ... wonder how many pages of regulations it would take to define it?
I like Cain. But is his 9% sales tax on top of my 7% local sales tax? Thats 17% on everything I purchase...
***
It will spur so much growth, that you’ll make a bunch more, so you won’t miss it.
It turns tons of moochers into tax payers. People like:
1) illegals
2) section 8 recipients
Okay Pan_Yan, you asked for it so here is my plan:
1. Deport every illegal alien currently incarcerated.
2. Deport every illegal alien without a full time job.
3. Remove all soldiers from Iraq and Afghanistan NOW.
4. Use those soldiers to enforce border security and eradicate street gangs.
5. Issue fool proof national ID cards with mandatory life sentences for
anyone creating or using fraudulent ID cards.
6. Close down any business that employs illegal aliens.
7. Mandate life sentences for any one making fraudulent Medicare claims.
8. Mandate life sentences for anyone selling illegal drugs no matter what kind or
what quantity. There will be plenty of prison space for these characters because
we deported the tens of thousands of illegals currently in prison.
9. Now that we have cleaned up society we can clean up our government by electing
non career politicians with term limits.
10. Cain is not a career politician so he has a great opportunity to recruit non political
people to run for congress and run for President under the banner of Vote for me
and a clean sweep of Congress.
11.The removal of millions of illegal aliens will open up the job market. The removal
of career politicians will create a government with responsibility and they will
solve our economic problems and reduce our national debt in a sane responsible
way.
.
OMG - what have I done - absolutely nobody will like my harsh and inhumane plan - or will they?
Thousands of pages of legal mumbo jumbo - but who cares - remember the motto "pass it then read it".
Here's one for ya, we got a bunch of duds running on 'our side' (term used very loosely.) Cain is livening up the race. Maybe tomorrow he will blow himself up like those last two. I hope not.
Hey people are talking about 999. What other plan are they talking about?
Cain has explained this multiple times: Force Congress to raise taxes in the open, not hidden. They are raising them all the time now, its just hidden.
We were discussing taxes, not immigration. Please stay on topic. You criticized Cain’s tax plan but have no alternative. In fact I’ve asked lots of people who are bashing Cain’s tax plan for their alternative and have received almost zero responses other than evasion and derision. It seems to be a pattern with certain people.
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