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To: jgge
Regarding the 9-9-9 tax plan, it is a tax increase on 50% of the people, i.e. it is insanity.

I respectfully request that you articulate your alternative tax plan since Mr. Cain's does not meet your approval.

111 posted on 10/14/2011 7:40:24 AM PDT by Pan_Yan
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To: Pan_Yan

First and foremost, I do not introduce a new tax like the national sales tax. Second, 0% income tax on every dollar up to $ 50,000, 15% income tax on every dollar from $ 50,001 to $ 500,000, and 20% income tax above $ 500,001. Third, Corporate tax rates would be cut depending on the sector. Manufacturing, agriculture, high tech, retail, and healthcare sectors would pay 15% in corporate tax. Financial sector would pay 25% in corporate tax.


116 posted on 10/14/2011 7:54:33 AM PDT by jgge
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