Replies

first, this article has almost NOTHING to do with Cain.

he is not an AGW greenie (like Romney), and certainly doesn’t support a Carbon tax !

most of this, is about the American Spectator’s idiot,
(who around here, actually uses A.S. as a source???
i don’t understand why this was even posted...
Even when i criticise Perry’s lack of a plan,
i don’t run to quote liberal nuts for support.)
an idiot who wants to fundamentally CHANGE Cain’s plan,
replacing 1/3 of it, with a envirowhacko carbon tax.
(to fight global warming, when the world is getting colder,
and even if it wasn’t, CO2 doesn’t cause warming...)

and all the liberals and Paulbots, crying that the sales tax would hurt old retired people, conveniently fail to mention, that by reducing the business tax by over 30%, the TOTAL tax on goods, would effectively be 18, instead of the current 40%.

so net prices, would go DOWN by 22% on almost everything for Seniors. (and for the rest of us!)
http://www.freerepublic.com/focus/f-news/2791787/posts
Cain Economic Advisor Rich Lowrie Explains Sales Tax via Twitter
“This is in response to the Bloomberg idiot moderators and everyone else who insists that the 9% sales tax will raise prices.”
= = =

now i agree with everyone who says this opens the doors, for future increases.
and actually, i don’t like 9-9-9 either as a final plan.
...but, it isn’t. It is only the beginning, of the plan to eliminate the IRS, and reduce our tax burden:

http://www.freerepublic.com/focus/f-news/2791979/posts
Phase 2 of Cain’s 999 plan: The FairTax!
HermanCain.com ^ | unknown | Herman Cain

Posted on Wednesday, October 12, 2011 11:34:49 PM by UnwashedPeasant

Few seem to know it, but Phase 2 of Cain’s 999 plan is the FairTax. Cain’s website says the following about the FairTax:

1.) Amidst a backdrop of the economic boom created by the Phase 1 Enhanced Plan, I will begin the process of educating the American people on the benefits of continuing the next step to the Fair Tax.
2.) The Fair Tax would ultimately replace individual and corporate income taxes.
3.) It would make it possible to end the IRS as we know it.
4.) The Fair Tax makes our exported goods and services the most competitively internationally than any other tax system.

Bears repeating:

and all the liberals and Paulbots, crying that the sales tax would hurt old retired people, conveniently fail to mention, that by reducing the business tax by over 30%, the TOTAL tax on goods, would effectively be 18, instead of the current 40%.

so net prices, would go DOWN by 22% on almost everything for Seniors. (and for the rest of us!)
http://www.freerepublic.com/focus/f-news/2791787/posts

Cain Economic Advisor Rich Lowrie Explains Sales Tax via Twitter

“This is in response to the Bloomberg idiot moderators and everyone else who insists that the 9% sales tax will raise prices.”

now i agree with everyone who says this opens the doors, for future increases.

The problem with this argument is that it is in no way unique to a NST.

Any and all taxes we have now or may have in the future are open to future increases. That is the nature of the beast.