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Cain acknowledges 9-9-9 is a Tax Hike
http://www.politico.com/news/stories/1011/66086.html ^
| 11/16/11
| Politico
Posted on 10/16/2011 10:23:39 AM PDT by bigred08
Herman Cain, during some go-arounds with David Gregory, concedes that his "9-9-9" plan would raise some taxes:
"Some people will pay more. But most people will pay less," Cain, a former chief executive of Godfather's Pizza who has never held elected office, said on NBC's "Meet the Press" program.
TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2012; acainleader; acainsolution; acaintaxhike; aclownpost; aliarforperry; aperrybot; aromneybotattack; cain; cronycapital4perry; enemedia; establishmentpanic; gopbotattack; hermancain; liars4perry; liberalmedia; medialie; nationalbooktour; nationalrinos4perry; pollutico; romneyperry2012; taxes
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1
posted on
10/16/2011 10:23:44 AM PDT
by
bigred08
To: bigred08
Herman Cain, during some go-arounds with David Gregory, concedes that his "9-9-9" plan would raise some taxes: Some people will have severe culture shock and start paying taxes while they are b!tching about those who don't pay enough.
2
posted on
10/16/2011 10:27:01 AM PDT
by
EGPWS
(Trust in God, question everyone else)
To: bigred08
of course, if you pay nothing you will actually be asked to pay something for a change. You know Business like GE who paid no taxes will actually have to pay something now.
Odd how so many Conservative would rather keep giving the handouts then spread the tax burden.
3
posted on
10/16/2011 10:27:17 AM PDT
by
MNJohnnie
(Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
To: bigred08
And so, should I believe that Politico is against a “tax hike”?
Bwahahahahahahaa.
Those loons supported the Cretin-in-Chief, and are therefore honor bound to acknowledge that they have the IQs of journalists.
Oh, forgot, they ARE journalists.
4
posted on
10/16/2011 10:27:26 AM PDT
by
Da Coyote
To: bigred08
That may not be bad, I would like to see the people who pay nothing now pay more.
5
posted on
10/16/2011 10:27:40 AM PDT
by
jospehm20
To: bigred08
"Cain, ... who has never held elected office"This will be the MSM mantra just like "Kerry, who served in Vietnam".
6
posted on
10/16/2011 10:28:06 AM PDT
by
TangoLimaSierra
(To the left the truth looks Right-Wing.)
To: bigred08
Can’t we just add Politico to the list of crap sites like KOS and others?
The headline is misleading, since Ms. Cain said some will pay MORE and some will pay LESS.
7
posted on
10/16/2011 10:28:32 AM PDT
by
freedumb2003
(Herman Cain 2012 -- the man we need at the time we need him)
To: bigred08
Some of the lower 50% who pay zero federal income tax will be joining the hard working to push the wagon a little instead of riding in it. Any one paying payroll tax, dividend tax, capital gains tax, AMT, death tax etc will see a tax reduction.
8
posted on
10/16/2011 10:29:37 AM PDT
by
federal__reserve
(Economy on life support needs a revolutionary tax plan, not fiddle around the edges!)
To: bigred08
LOL @ the desperate lib media headline. I guess they missed the second part of the sentence.
“”Some people will pay more. But most people will pay less,”
See that second part Pollutico? Yeah, the welfare collectors/corporate welfare collectors/tax cheats and loophole finders will pay more, everyone else will pay less.
9
posted on
10/16/2011 10:29:59 AM PDT
by
PAConservative1
(Would you like to sponsor a young illegal's college tuition? Vote Perry!)
To: bigred08
Generally, I like Cain. But this 9-9-9 thing bugs me.
It’s not the flat-rate personal or corporate income taxes.
And it’s not the idea of a sales tax.
It’s the idea of allowing the federal government to impose a tax in intra-state sales. I can’t see anything in the Constitution that authorizes it.
10
posted on
10/16/2011 10:30:20 AM PDT
by
jdege
To: bigred08
It is not the plan that is important, it is the chance to change the tax structure that is important. Doing away with tax deductions will cause some to pay a little move, doing away with all that tax accounting work will also save them money and time. Each item will have trade offs. But taking power from congress and cronyism is priceless.
11
posted on
10/16/2011 10:30:30 AM PDT
by
org.whodat
(Just another heartless American, hated by Perry and his fellow demorats.)
To: bigred08
Yes, they may pay more taxes but will also pay lower prices for stuff.
Also, when Herman Cain fixes the economy, the unemployed will get jobs and their taxes will go way up too.
12
posted on
10/16/2011 10:31:04 AM PDT
by
Rad_J
To: federal__reserve
“Some of the lower 50% who pay zero federal income tax will be joining the hard working to push the wagon a little instead of riding in it. Any one paying payroll tax, dividend tax, capital gains tax, AMT, death tax etc will see a tax reduction.”
Bears repeating :-)
13
posted on
10/16/2011 10:31:28 AM PDT
by
justsaynomore
(Cain 2012 - http://teamcain.hermancain.com)
To: bigred08
...a former chief executive of Godfather's Pizza who has never held elected office...
At least it is a better description than 'a senator who has never run a business' or 'a community organizer who has never held an executive office.'
14
posted on
10/16/2011 10:31:33 AM PDT
by
posterchild
(I'm old enough to remember when journalists bothered to look things up on wikipedia.)
To: bigred08
Zero-payers going to something-payers is an increase.
A very well deserved increase. If you get something from the rest of us, you have to have some skin in the game.
To: bigred08
Since 47% of Americans pay ZERO federal income taxes now, and who have trended to vote more dollars away from of the 53% who do pay taxes now toward themselves, I see this as a major plus. You want to talk about everyone ‘paying their fair share’? This is it.
16
posted on
10/16/2011 10:32:09 AM PDT
by
bamahead
(Few men desire liberty; most men wish only for a just master. -- Sallust)
To: posterchild
Yup, the MSM is starting a war on Cain, with distortions and outright lies, slander, and mocking. They’re trying to Palinize him, since they know he’s the only one in the GOP race that can beat their precious Barry.
17
posted on
10/16/2011 10:35:00 AM PDT
by
PAConservative1
(Would you like to sponsor a young illegal's college tuition? Vote Perry!)
To: MNJohnnie
GE doesn't, their stock holders do... they pay capital gains and dividends which are taxed iirc at 28%
18
posted on
10/16/2011 10:35:28 AM PDT
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: jdege
19
posted on
10/16/2011 10:35:36 AM PDT
by
MNJohnnie
(Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
To: EGPWS
This is going to screw the middle class and small business owner. 1) Reduction of corporate tax won’t mean spit to most of us. You really think companies are going to lower the prices of their products when they pay less taxes? If so, I have a bridge to sell you (don’t forget your 9% sales tax). 2) 9% income tax will be a RISE in rates for most of us that are paying 15% right now when you figure there are NO deductions for mortgages or anything else. 3) You really want to add 9% sales tax to everything you buy, including real estate and autos? Not me. More red tape for small businesses who have to collect this tax and pass it on to the feds. 9/9/9 will destroy Cain’s chances and (right now) conservatives chances at beating Obama. If he continues to back it, he’s done.
20
posted on
10/16/2011 10:36:28 AM PDT
by
conservaterian
(Sarah/DeMint '12-XXX= Now what? Cain?)
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