So in other words, screw the people who are retired and payed all those taxes and more and have limited income... so when they go pick up a $500 heart drug at the pharmacy they will pay an additional $45 tax on that drug.... yep that really works! (not).... or 9% on their grocery bill when most can hardly afford to buy food as it is... when the seniors figure this out they are not going to support Cain... nor should they... this is a very dumb plan.
Put 100% of the people on the gov’t hook and that power diminishes greatly from Washington. Maybe a senior scan card could exempt the national sales tax for seniors 45 and up.
It isn’t going to be easy but our current code is failing. I see the problem. Most of it in my opinion is to many freeloaders. I am welcome to hear any plan you may have.
Perhaps you should read the 9-9-9 plan a bit more.
I already pay over 9% sales tax in my state and I don’t think there is tax on meds, but I could be wrong as I have medical insurance thru my employer and I pay $10.00 for my meds, except for one that costs $25.00
And no tax unless it is built into the cost.
I pay 20% of the Premium, my Employer pays 80%
As mentioned before, you would see the economy expand like never before if this plan were ever implemented.
And maybe that $500 medication will cost a lot less after the corporate tax rate is cut so drastically.
Remember the POS cars Detroit built in the 70’s, and by the mid-late 80’s, they were much better built because instead of the “Big 3” paying a 70% tax rate, they were able to put that money into R&D
Who knows - maybe a competing drug company will come out with a better drug at a much lower cost after 9-9-9 is implemented, much like Detroit built much better cars in the 80’s than the 70’s and were a much better value.
Like I said, I’ll defer to the guy with a degree in Math and Physics on this subject, and I suggest people go to Mr. Cain’s web site and read the specifics about 9-9-9
Unless you want 4 more years of President Zero and the economy to further tank and have the cost of everything skyrocket.
The MSM is going nuts. Instead of calling Cain a “Business Executive” they are basically calling him a Pizza Boy, as if his experience consists of Pizza delivery and nothing else.
If Cain frightens the left this much, then I know he is the right choice.
The left isn’t really saying much about Perry or Romney or anyone else, but they are “Palinizing” Cain.
While 9-9-9 may not benefit 100% of the people, it will benefit 100% of the country either directly or indirectly.
en.wikipedia.org/wiki/Herman_Cain