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Cain’s 999 Plan – Hell on the Middle Class and Doomsday for the Poor & Retired

Posted on 10/19/2011 11:22:57 AM PDT by TLittlefella

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1 posted on 10/19/2011 11:23:01 AM PDT by TLittlefella
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To: TLittlefella

As with any home purchase, you factor taxes into the cost. Be smart, don’t be dazzled by sparkly new things.


2 posted on 10/19/2011 11:25:45 AM PDT by greatvikingone
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To: TLittlefella

Was this post written by the Romney Campaign Committee?


3 posted on 10/19/2011 11:26:38 AM PDT by aimhigh
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To: TLittlefella
Too bad your analysis is complete divorced from all fact.

Guess you missed the fact that this replaces the current corrupt failed system, it does not add to it.

4 posted on 10/19/2011 11:28:28 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)
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To: aimhigh
Was this post written by the Romney Campaign Committee?

Absolutely not

5 posted on 10/19/2011 11:29:53 AM PDT by TLittlefella
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To: TLittlefella

zzzzz


6 posted on 10/19/2011 11:29:56 AM PDT by C. Edmund Wright
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To: TLittlefella
"Under the current tax system that same couple using the standard 1040EZ tax return would pay $50,000 minus $18,700 (married couple deduction) = $31,300 taxable income. "

And therein lies the problem with the current tax code. Why should married couples pay less in taxes than a single person? Why does the single person get punished? I pay $4000 per year more in federal income taxes than a married couple simply because I am single. That ain't right!

7 posted on 10/19/2011 11:30:53 AM PDT by avacado
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To: TLittlefella
Sorry, no Romneycare, No tuition breaks to illegals, no flipflops on pro-life issues, no man made global warming believers.
8 posted on 10/19/2011 11:31:08 AM PDT by federal__reserve (Economy on life support needs a revolutionary tax plan, not fiddle around the edges!)
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To: TLittlefella

Wow congratulations, you managed to post a whole rant and not get even 1 single fact correct!


9 posted on 10/19/2011 11:31:25 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)
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To: TLittlefella

I watched that “flip/flop” video. It gives such short snippets of what was said in so many cases, with so little (or no) context as to be completely without merit. It’s laughable.


10 posted on 10/19/2011 11:32:42 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: avacado

You are right, and why should Santorum get 7 additional deductions for his 7 kids? Please, no more social engineering.


11 posted on 10/19/2011 11:32:48 AM PDT by federal__reserve (Economy on life support needs a revolutionary tax plan, not fiddle around the edges!)
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To: TLittlefella

The Perry plan...
http://www.weeklystandard.com/blogs/perry-commits-flat-tax-reforming-entitlements_598305.html


12 posted on 10/19/2011 11:34:13 AM PDT by biggredd1
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To: TLittlefella
Don’t ask me what candidate is any better because I just don’t know.

No surpise, typical Romney campaign tactics. Romney pays his campaign-bots to deny all ties to Romney while recklessly trash talking his competitor. He has done it in every single race he has ever been in.

You would think with all his money Romney could hire better campaign bots then those who's best effort is this emotional ridden hysteric trash talk.

13 posted on 10/19/2011 11:34:35 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)
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To: TLittlefella

Ooops, you caught me picking my nose.


14 posted on 10/19/2011 11:34:57 AM PDT by Leep
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To: federal__reserve
"You are right, and why should Santorum get 7 additional deductions for his 7 kids? Please, no more social engineering."

Exactly right about that child credit -- $1500 per child. It is social engineering.

15 posted on 10/19/2011 11:34:57 AM PDT by avacado
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To: MNJohnnie

Who needs facts when all the media, Dems and RINOs will use lies? And if their lies don’t work, they will LIE harder!


16 posted on 10/19/2011 11:35:20 AM PDT by FiddlePig (truth is hard... lies are easy - http://redneckoblogger.blogspot.com)
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To: TLittlefella
Anyone up for paying $18,000 sales tax on the next $200,000 house you purchase?

I know this has been pointed out to you numerous times, but surely you realize that $200,000 price on the house has built into it all the hidden taxes the builder paid during construction plus their profit.

So, you could be paying $16,200 sales tax on the same exact house that now costs only $180,000 assuming only a 10% decrease in retail price even though many studies show the tax burden on products is as much as 40%.

You repeatedly ignore COGS (Cost Of Goods Sold), but I can tell you this, businesses don't ignore it. You assume that all retail sales entities will conspire to not drop prices based on their lower COGS. You assume no business will lower prices to make a market share play. Yet, in reality, businesses do this all the time.

17 posted on 10/19/2011 11:35:33 AM PDT by 5thGenTexan
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To: TLittlefella
9-9-9 is same old "catchy" sales pitch that folks have been using for years...the $.99 cent burger, the $9.99 pizza, the $99.99 tire....

People just gobble it up without thinking....the one day sale....that makes you jump on the bandwagon. I thought freepers were smarter than that.

18 posted on 10/19/2011 11:35:50 AM PDT by Sacajaweau
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To: TLittlefella

I’m not a 999 expert. Under the fair tax, the tax is paid by the original purchaser of a new house. Pre-owned houses do not pay a sales tax.

The builder, suppliers, manufacturers all have their taxes lowered. Competition will drive the new house prices down when these embedded costs are removed. You were already paying the tax that was a cost of doing business for the builder. Now it is up front and visible.


19 posted on 10/19/2011 11:36:03 AM PDT by listenhillary (Look your representatives in the eye and ask if they intend to pay off the debt. They will look away)
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To: Sacajaweau

No, people actually learn about it. And when they bother to learn about it, they like it. See unlike you, most people are not totally closed minded about 999 out of a feverish ignorant love for the blessed St Rick.


20 posted on 10/19/2011 11:38:29 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)
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