[Hot Tabasco]

they will, as you say “pass(sic) on those profits to their employees via pay increases and bonuses........”. That is also a good thing. More $$ in the economy and out of Washington.

Nice if you're working but not if you're retired and on fixed income..........

[Retired Greyhound]

But you are paying taxes on your retirement income now.

The 9% Income Tax and 9% Sales Tax (assuming it is on TOP of current prices, which it is NOT) would still be less than what you currently pay.

Doesn’t matter. 9-9-9 is dead if not even FReepers can understand it.

Oh well. I don’t think we’ll ever be able to get rid of our horrible current tax code.

[TLittlefella]

Nice if you're working but not if you're retired and on fixed income..........

The problem with 999 is it remains a mystery as to exactly what is considered taxable income - so everybody is guessing and Cain is throwing stuff against the wall to see what will stick. When he offered up the plan to the public he should have produced Lowrie's worksheet that showed his calculations. Then we could have seen if Social Security, Retirement, Disability, etc. was taxable. I have a feeling Lowrie is in the panic mode trying to overcome these last minute exemptions Cain is throwing against the wall.