Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Nucluside
You obviously haven’t been in the upper 20% of the population who have to mark their every move on that ridiculously complicated and byzantine tax code. My time and privacy mean more to me than to spend hours keeping books specifically for the government.

What makes you so sure of that.

Cain would negotiate the numbers, and by the way, his 9 9 9 would include that for Social Security, etc. I didn’t see that added in to your figures.

Then read it again. I pointed out that the average family of 4 with the median income likely pays nothing but FICA, currently at 5.65%. So Cain's plan is an income tax increase on them right off the bat. Add to that the 9% sales tax on virtually everything they buy and it more than doubles their federal taxes.

288 posted on 10/10/2011 4:35:03 AM PDT by SoJoCo
[ Post Reply | Private Reply | To 284 | View Replies ]


To: SoJoCo

FICA is not 5.65%. It is 7.65% x 2 = 15.30% IIRC.


292 posted on 10/12/2011 12:43:51 AM PDT by PghBaldy (War Powers Res: http://avalon.law.yale.edu/20th_century/warpower.asp)
[ Post Reply | Private Reply | To 288 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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