Free Republic
Browse · Search
GOP Club
Topics · Post Article

Skip to comments.

Bachmann Crosses the Line During Las Vegas Debate
Nerds 4 Cain ^ | 10-19-11 | OnTheOppositeShore

Posted on 10/19/2011 8:15:23 AM PDT by Brookhaven

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 next last
To: avacado

Right, and while it’s not a true VAT, the other candidates were teeing off on it by scaring people they will be seeing a 9% sales tax on everything.

That’s a valid point, except he eliminates and lowers other taxes, and you don’t pay the 9% on everything.


21 posted on 10/19/2011 8:36:00 AM PDT by Williams (Honey Badger Don't Care)
[ Post Reply | Private Reply | To 16 | View Replies]

To: avacado
For clarity: She wasn't talking about the 9% corporate tax as a VAT. She was talking about the 9% sales tax as being a VAT.

No, she was talking about the 9% corporate tax.

There was a paper issued by the CATO institute a couple of days ago that made the same argument. That's where Bachmann got the talking point from. It also made the same omission Bachmann did. It never mentioned the current 15.3% payroll tax.

22 posted on 10/19/2011 8:37:39 AM PDT by Brookhaven (I oppose an electric border fence, because it might kill the alligators in the moat)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Brookhaven

Thanks for the correction.


23 posted on 10/19/2011 8:39:31 AM PDT by avacado
[ Post Reply | Private Reply | To 22 | View Replies]

To: cripplecreek
At this point I have not decided who I will vote for but I will give Cain credit for at least putting a plan out there to be debated. Sure, it isn't perfect but it's a start. All the others can do is bash the 999 Plan and offer no alternative. We are faced with a mediocre field of candidates who lack creativity and intellectual curiosity. Other than Cain and Gingrich this is a sorry lot.

You're absolutely right. Soundbites and clever quips are not enough. We need specific plans on the economy, immigration, healthcare and social security/medicare reform.

24 posted on 10/19/2011 8:43:31 AM PDT by Russ (Repeal the 17th amendment)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Brookhaven
Michele Bachmann

She claims to have a Masters in Taxation.

She is either dumber than a box of rocks

Or extremely disingenuous.

She like all the other Tax Attorneys
will be out of business w/ 999.


25 posted on 10/19/2011 8:49:50 AM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Williams

Michelle in her career in Minnesota (and I know her well)points to problems. She started with school board then found a way to be a media attention getter and parlayed it into a state legislative seat and then to the Congress. Yes she is conservative but she is no leader as Pawlenty said rightly so. She is a political opportunist that points at the crap but rarely has a plan to get dirty while cleaning it up. True she is a “Conservative Crap Pointer Outter” though. She needs to get back to work in the house just to save her seat. However she may have enough money to stave off a challenge but folks will be notified about her truancy in the House.


26 posted on 10/19/2011 8:52:16 AM PDT by vicar7 ("Polls are for strippers and cross-country skiers" Sarah Palin)
[ Post Reply | Private Reply | To 17 | View Replies]

To: cripplecreek

Cain has at least breached the line by offering a plan with specifics for systemic change to taxation, and Bachman surely knows bottom lines herself. Palin and others want policy revelations now, but as soon as anything meaningful is laid out, like specifics, you open yourself up to mortal combat on each jot and tittle and it is no longer about you or Obama, but line 1007 on page 92. This is before you have even fully introduced yourself to the country. Primaries are dog fights and Palin and other critics have no experience in a presidential primary and can hardly expect an entirely general election campaign platform to be the nucleus of a primary campaign with nine different candidates. It seems to me that not until the general election can we expect to see detailed a policy plan for every issue, particularly on taxation. Look for Republicans to join together, fix imperfections, and try to move this boulder uphill in congress. True enough, that it will likely be years before we get anywhere if the past is an indication.


27 posted on 10/19/2011 8:53:00 AM PDT by RitaOK (TEXAS. It's EXHIBIT A for Rick, who needs to pound the fiction flackers back into the Stone Age.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Brookhaven
I think the fact that almost everybody was taking pot shots at the 9-9-9 plan without having their own plan is quite telling. Nobody impressed me last night. But Cain has signaled that he is willing to do the heavy lifting. The rest just want to sit around whining with one thumb in their mouths and the other up their butts and playing "Switch".

And Perry is toast. How in the heck did he ever get elected once (for ANYTHING!) is beyond me.

28 posted on 10/19/2011 8:54:13 AM PDT by Hatteras
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brookhaven

So this whole campaign has now turned into a debate on Federal Tax Policy. So we are fighting about how the Federal Government can extract the money it requires to harass us with and pay themselves a better living than the people who produce that living.

And all they had to do was get some guy to say nine three times.


29 posted on 10/19/2011 9:00:30 AM PDT by ngat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hatteras

...without having their own plan...
_____________________________________________________________

All of them except Perry have revealed a tax plan. Not sure what you mean.


30 posted on 10/19/2011 9:01:11 AM PDT by free me (heartless)
[ Post Reply | Private Reply | To 28 | View Replies]

To: MNJohnnie

I think Cain’s and Bachmann’s plans should be combined I agree, you can throw in Ron Paul’s $1 trillion in cuts too.

Add to that Perry’s Energy plan. Drill Baby Drill

We need:
Cain’s tax plan will see 10% growth in 3 years
Perry’s energy plan on top of that we could see nation economy grow by 20% in 3 years.
Unemployement would be at the minimum 2% that just find a reason not to work.


31 posted on 10/19/2011 9:09:19 AM PDT by NoDRodee (U>S>M>C)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Brookhaven

All these arguments are crap.

The best tax plan is Paul’s - eliminate the IRS make the income tax 0


32 posted on 10/19/2011 9:09:19 AM PDT by wilco200 (11/4/08 - The Day America Jumped the Shark)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brookhaven
Yes, I know the payroll tax is deductible for businesses, but that just lowers the amount they have to pay by their current income tax rate (35%), it does not eliminate their tax expense. When a company writes off that 15.3%, it still ends up being a direct cost to the company of 9.95% of their payroll amount—still more than Cain’s 9%.

The company doesn't pay 15.3%, the employee has to pay half of that. Also the FICA part is capped at something like 100K in income after that there is no FICA just Medicare. I don't think the nerd's calculations are accurate.

33 posted on 10/19/2011 9:09:31 AM PDT by Joe Miner
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoDRodee

Yeah, that the thing. I like parts of all the candidate plans but Romney’s.


34 posted on 10/19/2011 9:14:41 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
[ Post Reply | Private Reply | To 31 | View Replies]

To: free me

In a practical sense, Cain is the only one that has a plan, because everyone else takes the current tax system as as starting point and just tweaks it around the edges. A lower tax here, a tax deduction there, etc...

Cain’s is the only plan that changes the direction we’re going (although to be fair, Newt does propose a flat tax as an alternative system to live by the current system).


35 posted on 10/19/2011 9:15:34 AM PDT by Brookhaven (I oppose an electric border fence, because it might kill the alligators in the moat)
[ Post Reply | Private Reply | To 30 | View Replies]

To: wilco200
The best tax plan is Paul’s - eliminate the IRS make the income tax 0

Where would Paul get the revenue to operate the government?

And please, don't say import taxes. Let's have a serious discussion.

36 posted on 10/19/2011 9:17:24 AM PDT by Brookhaven (I oppose an electric border fence, because it might kill the alligators in the moat)
[ Post Reply | Private Reply | To 32 | View Replies]

To: vicar7

The more I hear her, the more I dislike her.


37 posted on 10/19/2011 9:22:39 AM PDT by richardtavor (Pray for the peace of Jerusalem)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Brookhaven

But, what Michele Bachmann did was not honest. She deliberately withheld information in an attempt to mischaracterize Cain’s plan as a VAT, and confuse people over the effects of the 999 plan vs. the current tax system. A lie by omission is still a lie. Michele Bachmann crossed the line in Las Vegas.


38 posted on 10/19/2011 9:25:36 AM PDT by ken21
[ Post Reply | Private Reply | To 1 | View Replies]

To: MNJohnnie
9-9-9 eliminates that ability to “tinker around the edges” of a mind numbingly complex tax code

Good point. I'd also like to see, in the legislation installing 9-9-9, a requirement that any attempt to raise any of the three taxes has to pass BOTH houses of Congress by a 2/3rds vote.

39 posted on 10/19/2011 9:27:16 AM PDT by SuziQ
[ Post Reply | Private Reply | To 14 | View Replies]

To: MNJohnnie

Great post. You hit the nail on the head.


40 posted on 10/19/2011 9:32:35 AM PDT by GoldenBear
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
GOP Club
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson