Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SoJoCo

I have never heard Cain count the half of the payroll tax paid by the employer as belonging to the worker. Nor do I care.

You’re argument was that a company would pay more under Cain’s 9% Business Tax. The only real-life comparison that can be made is to what that company ACTUALLY pays today. You could argue that all business taxes are paid by the customers and not the business. You can play whatever philosophical games you want but you are fooling yourself. The business is the one LEGALLY required to pay their half of the Payroll Tax. Comparing tax plans without regard for who is legally liable to write the check under each plan is a nonsense circular argument.

Then there is the actual point of this article, which is that omitting the 9% Sales Tax from Cain’s plan would still collect enough revenue. So the worker would be paying a 9% Income Tax instead of both a 7.65% Payroll Tax plus a progressive Income Tax with rates as high as 35%. No Sales Tax.


45 posted on 11/06/2011 2:32:53 PM PST by Kellis91789 (The ultimate result of shielding men from the effects of folly is to fill the world with fools.)
[ Post Reply | Private Reply | To 42 | View Replies ]


To: Kellis91789
I have never heard Cain count the half of the payroll tax paid by the employer as belonging to the worker. Nor do I care.

Then you haven't paid attention to what the man has been saying.

Then there is the actual point of this article, which is that omitting the 9% Sales Tax from Cain’s plan would still collect enough revenue.

That is true only if A: you are happy with annual deficits in the $2 trillion range, or B: you have a plan to cut federal spending in half. I'm not prepared to sign on with the first and I haven't heard any details on the spending cuts necessary to accomplish the second.

46 posted on 11/06/2011 3:35:58 PM PST by SoJoCo
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson