Posted on 10/10/2011 9:05:29 AM PDT by justsaynomore
I’m not sure why the tables didn’t align correctly, maybe someone can fix that (or folks can go to the original article)
Only after the house and senate have their say. The tax attorneys and accountants will fight any change to the last k street. Thug standing.
Cain's 999 tax plan is nothing but a gimmick, a political ploy. Just like his Chilean plan is for SocSec. Cain is pandering for votes with a tax plan that expands the current federal tax system to include a national sales tax and that opens the door to the next step, a European style VAT, or Value Added Tax.
Cain’s 999 plan from his web site:
http://www.hermancain.com/images/economicgrowth.pdf
What the heck are those “Empowerment Zones” shown in bullet points 6 and 9 on the upper left of the second page?
If that is another way to redistribute income, or to treat one class of the unemployed more favorably than another, I want no part of it.
Social engineering like this is precisely the way the current tax code has become so unwieldy and unfair. If we are going to revise the tax code, then all social engineering and loopholes should be eliminated, not just some of them.
The “Empowerment Zone” special treatment has the feel of pandering to some special group.
This morning Steve Moore, who knocked this plan initially, said this plan would be like rocket fuel for the economy.
**However, on closer inspection, one can see what is likely to be the unedited stream of conscience thought of a singularly brilliant individual. Despite the explanatory shortcomings of the brochure, the “Vision for Economic Growth” is quite simple in nature.**
Sorta like the Constitution!
Every whiner should print and study this carefully for a Eureka moment.
Thanks jsnm;)
“This morning Steve Moore, who knocked this plan initially, said this plan would be like rocket fuel for the economy”
Bravo! And God bless him for rethinking his “position”. The Perrywinkles are out in force and can’t stand a person who is not a politician!
Well Axel don’t you think you should let Fr know exactly who you are?
Romney, Connaly (when he was Dum or Rep?) BTW what project were you and Lemmie working on in east AUSTIN.
Frequent contributor to FreeRepublic? Townhall.Com.
AND SALON!
Where is the TRANSPERANCY?
Why do would think Cain would want a VAT?
He IS a politician worked for John Connally and Romney.
Now he’s shilling for CAIN. Don’t any of you ever do any research?
sorry about that,
Why do you think Cain would want a VAT?
I’m with you. If a plan has “exceptions”, I’m out.
The table also does not take into account the 46% of the US population that does not pay any income taxes. Would they now be required to pay at least 9%?? Would welfare recipients be required to pay 9% on the money they get from the govt? When the one starts spouting off about paying their fair share I keep thinking about the 46% who pay nothing.
“Now he’s shilling for CAIN. Don’t any of you ever do any research?”
Did I miss the part of Cain holding any elected position?
Numbers and plans on paper don’t lie but they also do not account for the avarice and duplicity of the professional politicians controlling the process.
In this respect there is little to differentiate between the establishment pols in both parties.
The more money available to the politicians the more they will spend. Because they cannot be trusted in the slightest, the only workable solution to the budget and deficit crisis is to cut spending.
Once the Big Government politicians have a sales tax and an income tax effective at the same time they will never let it go.
“Can it work” is is superseded by “can it pass Congress?”
I like Cain and I like 9-9-9, but I think we know the answer to the question above.
However, I appreciate Cain at least OFFERING a new tax future.
What are Mitten’s and Perry’s plans? Tinkering on the edges. Status quo.
So WHAT is CAIN doing now. Running interference for Romney.
Everywhere you look re Cain you find Romney ties.
Why are all these Romney and McCain workers ending up with Cain?
Figure it out.
When Jim band the Romnuts from turning FR into a Romney site, I wonder what form their attacks would take.
They must be really proud they KO’d Bachmann.
Perry will not be that easy. Bet on It.
That is the next logical step and could happen if his 999 plan or any national sales tax plan was installed. American liberalism is the cousin of Euro-socialism. That was my point. Lowering the income tax and corporate tax rates is great. America doesn't need or want a national sales tax. Period. The issue stimulates debate and that is good, but in reality its a moot point. Its a gimmick that will never see the light of day.
So, a romneybot is pimping for Cain to keep votes from going to anyone that is a danger to Romney?
I wouldn’t put it past slimeball Romney.
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