Posted on 10/31/2011 8:12:11 AM PDT by marty60
I get it, you’re anti-Cain.
But 9-9-9 is not a VAT any more than we currently have a VAT. The percentages don’t matter. Is tax applied at every stage, or not?
Yes.
Just because Michelle Bachmann, CharlesWayneCT, and some lib Brookings dude call it a VAT does not make it a VAT.
BTW, on the VAT thing, you have made a rookie Cain-supporter mistake. You didn't wait for all of his clarifications.
So I can't fault you for missing this tidbit from his Monday AEI presentation on 9-9-9, as reported by National Review:
And real news was made: Cain acknowledged that the consumption-tax portion of 9-9-9 is indeed a VAT.So I guess if you don't think it is a VAT, you can go argue with Cain. Unless he "clarifies" this again tomorrow. He's getting to be a professional clarifier. I hope that doesn't discourage his supporters, who believe that only amateur, inexperienced people can fix our problems.
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