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To: Fishtalk
I’m wary of any kind of VAT tax

Well this should make you feel better about it.

9-9-9 does not include a VAT tax. VAT is a tax at every level of production. 9-9-9 only taxes final sales.

114 posted on 09/25/2011 8:01:34 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)
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To: MNJohnnie

When did Cain switch from supporting the “Fair Tax” to his 9-9-9 Plan?

Any links to his explanation for making the change?

Thanks!


143 posted on 09/25/2011 8:48:00 AM PDT by Walleye_Walter (Not all Libs are stupid, but all stupid people are Libs)
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To: MNJohnnie
9-9-9 does not include a VAT tax. VAT is a tax at every level of production. 9-9-9 only taxes final sales.

What about real estate...? and boats and planes etc...?

166 posted on 09/25/2011 11:32:21 AM PDT by spokeshave (Obama's ratings are so low...Kenyans accuse him of being born in the USA,)
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To: MNJohnnie
A national sales tax will create a vast black market economy.A VAT allows no evasion and a VAT can be constructed the way cigarette and alcohol taxes are.One time at factory of origin or port of entry.

But I'm opposed to Mr. Cain not his tax plan.He has zero world experience and has demonstrated little knowledge or grasp in the debates. We already have a POTUS incapable of responding to the 3AM phone call, and we've decried his lack of knowledge.We should not back Mr. Cain just because he's a conservative with business experience.

168 posted on 09/25/2011 11:48:57 AM PDT by xkaydet65 (IACTA ALEA EST!!!)
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