To: sergeantdave
That’s what his 9-9-9 economic plan is:
9% national sales tax (New goods only)
9% income tax
9% corporate tax
I would reckon the income and corporate taxes don’t have few, if any, loopholes.
To: abercrombie_guy_38
9% national sales tax (New goods only)
9% income tax
9% corporate tax
I would reckon the income and corporate taxes dont have few, if any, loopholes. So, a family of 10 pays 9% and a family of 1 pays 9% and if your buy anything, new school clothes etc. you pay your state sales tax of 7 or 8% PLUS 9%. Again, if you buy 1 pair of jeans you pay 9% or if you buy 10 pairs of jeans you pay 9%. The rich, can go across the border and buy stuff in Canada or Mexico.
29 posted on
10/08/2011 4:38:26 PM PDT by
McGavin999
(Please don't be a Freeploader, help to keep the lights on.)
To: abercrombie_guy_38
9% national sales tax (New goods only) Cain's website says a 9% sales tax period. It doesn't say on new goods only. So while I could see if you bought a used powersaw from your neighbor then you wouldn't pay tax on it. But buy a used car from Ford and you would. Buy a used pair of pants from Goodwill and you would. Buy an existing house and you would. In short, a tax on virtually everything you buy.
51 posted on
10/08/2011 4:55:53 PM PDT by
SoJoCo
To: abercrombie_guy_38; All
hats what his 9-9-9 economic plan is: 9% national sales tax (New goods only) 9% income tax 9% corporate tax I would reckon the income and corporate taxes dont have few, if any, loopholes.And what Herman is done is brilliantly devious if you think about it...
He has created ( in this Halloween season what some may consider a monster :-)) what is esentially half a Flat Tax and half a Fair Tax.
It may not make all from both camps happy, but if they had any brains they would shut up ( Fair Tax-ers primarily ) and get on board...
Think about it...
277 posted on
10/09/2011 9:53:37 AM PDT by
taildragger
(( Palin / Mulally 2012 ))
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