Art, how do you prevent the 9-9-9 from turning into 27-27-27?
How do you prevent anything from being passed?
Because 100% of the people are now PAYING THE DAMN TAX.
Have You seen what happens when welfare checks don’t go out in time.
Also it would required two thirds vote not just majority.
Because 100% of the people are now PAYING THE DAMN TAX.
Have You seen what happens when welfare checks don’t go out in time.
Also it would required two thirds vote not just majority.
How do you prevent democrats from stealing all your money?
What prevents the current tax structure from skyrocketing rates?
Cain is a genius. His system is a setup for revealing that the income tax was never properly ratified, making phase 2 (the fair tax) unstoppable. He would be able to end the income tax and destroy all IRS income tax records with an Executive Order.
9-9-9 transforms into 0-27-0 and the US economy becomes the mightiest engine of prosperity ever seen.
C’mon, guys, that’s a bit silly. You could just write it into a constitutional amendment.
And as one of the other commenters noted, it’s different than current law how?
Totally specious argument. He reduces 6 taxes to three. Tell me, what now prevents the jackasses in DC from raising the payroll tax to 25%, the Cap gains to 30%, the income tax brackets by 50%, and communications excise tax to 20%, Medicare to 15%, and the corporate rate to 41.95%?
“Art, how do you prevent the 9-9-9 from turning into 27-27-27?”
God I’m sick of this straw argument.
How do you prevent the current income tax from being raised?
The 9-9-9 plan has two advantages over the current tax code when it comes to raising taxes:
1) It has a built in 2/3 vote to raise it.
2) It’s plainly visible. The current tax code let’s politicians bury their hikes in mountains of exemptions, rebates, and crap. 9-9-9 is so straightforward that it will be plain to everyone when the dems are trying to raise taxes.
That's your job, my friend.
Part of Cain’s plan was to include a provision requiring a 2./3 rds majority in Congress to change the tax rates. A rotection we do not have now.
In addition, he believes that the growth stimulated by the plan will improve the economy, create more jobs and thus bring more revenue in tot he government, making it unnecessary to rasie them
3rd he indicated that the American people are ultimatly the ones who would prevent it...as they are going to be the ones to replace Obama.
Also, Cain made sure to indicate that they years he was in as President he would veto any attenmpt.
Arguements that he is providing another “revenue stream” are offset by the fact that he is taking two others away...the inherticane tax and the capital gains tax.
What’s to prevent 15/35 from going to 35/60?