To: sickoflibs
I yet to sit down and carefully wade through all the details of his 999 plan. But I believe it is fair so say that more then once, including last night in defense of his plan, he tried to stress the point, that first the whole tax code system must be scrapped, he used the word abolished. Then his plan put in place. So there are no double dippings on say the federal sales tax. Regardless of the details however. I can see where it would lead to reduced revenue intake. His plan doesn't have a chance in hell in passing either house.
In short. Unless a balance budget amendment comes about, 999 would end up most probably increasing the gross national debt over time. I'm sure we shall various plan analysis come forth in the days to come.
162 posted on
10/12/2011 12:34:36 PM PDT by
Marine_Uncle
(Honor must be earned.)
To: Marine_Uncle
Maybe congress will start with 9-9-9 and pass 18-18-18 except for those that eat eco-friendly foods and dont smoke and see the doctor, they will get 9-9-9.
164 posted on
10/12/2011 12:44:44 PM PDT by
sickoflibs
(Cain :"My parents didn't raise me to beg the government for other peoples money")
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