Ok but isn’t part of the reason it’s there is because he wants to transition to a pure consumption tax?
We must boarden the tax base. As long as we divide the country into payers and payees the structural basis in the political system will always lead to more and more taxes and spending. 6 wolves and 4 sheep voting will always vote to eat the sheep.
Only Cain's plan addresses that structural flaw in our tax code.
The author gets it exactly backwards HIS solution will ensure the structural flaws in the current system are maintained thus leading to ever more taxing and spending.
Will we still get rid of all the excise and punitive taxes, not to mention hidden taxes. All things considered, I’d rather pay a sales tax, providing it isn’t a tax on top of other taxes.
I like the sales tax because it makes all the DEADBEAT pay something into the federal government.
For those that don’t like it, then simply stock up, buy cars, buy boats, buy toilet paper, etc BEFORE the tax takes hold. It’s probably smart to do that anyway, given the direction this country is going with our debt.
The author correctly identifies the problem with the business tax. It will mean a tax increase for many companies, and even those companies that lose money will find themselves with a substantial tax bill.
That is exactly what you are doing Huck. Hysterically clinging to the existing code because you are too arrogant to learn any facts about Cain’s plan
The biggest problem with the sales tax (beyond double taxation on taxable income already saved) is in those states that don’t have one now.
I like the 9-9-9 plan as it is because a similar such plan turned Ireland from a backwater into the Celtic Tiger. It WOULD force people like illegals not in the system to pay a share and vastly reduce the inconvenience of the present tax code for those who are in the system. If we scrap the 16th Amendment, all the better. As for those who say that 9-9-9 will be 10-10-10 or 11-11-11, well, what’s stopping them for raising the rates now?
I keep showing your where you always make the same error and you keep repeating it. Impossible to pry open a welded shut mind.
I have a much better plan.
1) Eliminate all income taxes - federal, state, local. Period.
2) Do NOT impose any federal taxes on human beings or on corporations. Instead, impose those taxes on the states themselves apportioned by population. Let the individual states determine how to pay those taxes.
Gee! That sounds like something I read in the Federalist Papers! /s