Posted on 10/11/2011 6:56:32 AM PDT by SeekAndFind
And what if it does?
The only way - apparently - to get through to the takers is to reduce their freebies. They clap like trained seals whenever leftist politicians make speeches about ‘fair shares’ but never having paid anything - fair or otherwise - into the system that rewards their sloth they really don’t have an idea of what it means to have one’s property summarily confiscated.
The poor are not buying food out of their own pocket. I read somewhere 40% of the family in America are on Food Stamps. This is a straw argument since a lot of food stamps are recycled/sold to buy booze and alcohol which is tax heavily.
Food? No. Well, maybe soda and whatever foods are currently subject to taxation.
Clothing? Yes.
Iphones? Yes.
Ipods? Yes.
Video games? Yes.
Lottery tickets? Yes.
Cigarettes? Yes.
Beer? Yes.
Medical marijuana? Yes.
Cable TV? Yes.
I don't understand this statement.
I don't pay taxes when I buy a home, maybe he means when you sell a home (but that's only if it's a huge gain, or income property.) But I do pay taxes when I buy a car (state sales tax.)
Thoroughly confused by what this statement means.
They already pay taxes on these things. It’s just that now the tax is hidden.
Can someone explain to me how 9-9-9 does NOT become 10-10-10 in the next congress, or then 18-18-18 under the next D admin?
Same with the flat tax or fair tax. Fair tax is fair until the congress starts preferentially giving out “prebates” to political interest groups for votes.
Haven’t they always said if you want less of something tax it! So let’s tax the poor more and maybe we’ll have less poor.
From my own experience - we waste so much food - it’s criminal.
Would suspect that ‘food stamp’ beneficiaries are just as wasteful.
Grocery shopping with a more elderly neighbor reminded me just how lucky we are to have such abundant food available at reasonable cost. Taxing food stuffs would encourage thrift and appreciation.
I don't know if his plan includes the prebate that the fair tax included to avoid this charge.
WHOPPING??
Can you explain to me how the current tax code doesn’t become 90% tax on the anyone making more than $50K?
Nope.
Nobody will be able to explain how you're going to fire tens of thousands of IRS employees, tax accountants, etc., either.
So does anyone have a plan to simply curtail or backstop the existing crazy code with a maximum taxation per person?
Or some “Alternative Maximum Tax” as opposed to the Alternative Minimum Tax.
To hell with Tax Simplification. I don’t care how you come to the number (indeed, other than Geithner’s example, TurboTax makes the most complex tax code relatively simple.)
I’m just worried about the size of the check I write at the end of the day on April 14.
After you explain in detail the 100,000 page current tax system. The most season IRS employees haven’t a clue, different answers for the same question for almost every question.
The economic ignorance of this article fairly leaps out at you.
He means there is no tax on used goods.
Leave aside for a moment whether Cain's plan is fair or not. It is a tax increase for most people in this country. If you would not vote for a candidate who states that he will raise your taxes and I wouldn't vote for him, how can we expect anyone else whose taxes will be raised to vote for him?
RE: Can someone explain to me how 9-9-9 does NOT become 10-10-10 in the next congress, or then 18-18-18 under the next D admin?
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We get this question in almost every thread relating to tax reform. The answer is the same — ANY TAX REFORM PROPOSAL WILL HAVE THE SAME PROBLEM, so if the starting point of any discussion is let’s not do it because some future Congress will turn it into a steaming pile of dung, we might as well not propose anythimg.
Herman Cain verbally stated that together with his 9-9-9 proposal is a requirement that 2/3 of Congress will be needed to increase any of the taxes.
If that isn’t enough, then it isn’t enough for any tax reform proposal.
In the end, only the people’s vigilance will stop Congress from abusing its power. If we aren’t vigilant, we deserve the government we get.
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