To: justsaynomore; Free Vulcan
Yes it replaces the Fed gas tax. Not according to his website. That says it replaces the payroll tax, income tax, estate tax, double taxation on dividends, capital gains tax, and business tax. It does not say it replaces gas taxes.
107 posted on
10/11/2011 9:52:42 AM PDT by
SoJoCo
To: SoJoCo; justsaynomore; Free Vulcan
Federal gas tax is 18.4 cents per gallon and 24.4 cents per gallon of diesel. A 9% sales tax increases that to 27 cents per gallon at $3/gal gas.
But that's OK, only those evil rich people use gasoline.
110 posted on
10/11/2011 9:59:38 AM PDT by
DTxAg
(The Presidency is not an entry-level position.)
To: SoJoCo; Free Vulcan
I have already told you that all the details are not on his website brochure, but he has touched on these different points in different interviews.
A more detailed plan is coming out soon and it should help answer a lot of these questions.
112 posted on
10/11/2011 10:02:32 AM PDT by
justsaynomore
(Cain 2012 - http://teamcain.hermancain.com)
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