Posted on 10/11/2011 10:16:44 AM PDT by estrogen
Wow......
Sorry . . .in what way do YOU think Cain falls short of Palin?
If you have to ask that question, I don’t think there is a reasonable way to respond without spamming this thread to a stop.
Cain just doesn’t have what she has; few people do.
I’m not trying to diss Cain; I’ll gladly vote for him.
http://www.freerepublic.com/focus/f-news/2630162/posts
http://www.freerepublic.com/focus/f-news/2640908/posts
http://www.freerepublic.com/focus/f-bloggers/2630292/posts
http://www.freerepublic.com/focus/f-news/2630295/posts
http://www.freerepublic.com/focus/f-chat/2630320/posts
“I have questions about the 999 plan, too.”
“How soon would the Federal income Tax be phased out?”
Instantly. It is replaced by a 9% flat tax on personal income with no deductions except charitable giving. This 9% also replaces the 7.65% Payroll Tax paid by the worker. So where a worker now pays 7.65%FICA + xx%IT, they would pay only 9%IT. This benefits those who actually pay more than 1.35% income tax now, but costs those who don’t earn enough to pay more than just Payroll Taxes now or even have them rebated by the EITC and other credits.
“Would the tax be excluded for the sale of one’s home?”
If it is an existing home, then there is no sales tax. If it is a new home, there is the 9% sales tax.
“Would medical, dental and prescription drugs and groceries be exempt from tax?”
No, of course not. All new goods are included in the sales tax, just as you now purchase them with after-income-tax-and-payroll-tax dollars. Unfortunately, services ARE excluded, which I think is a bad idea. If rents, haircuts, entertainment, doctors visits, etc. were included, the rate would only need to be 3-4% rather than 9%. If States did the same, the COMBINED Fed+State sales tax would be under 9%.
You didn’t ask, but the third ‘9’ is the business flat tax which replaces the Corporate Income Tax and Payroll Taxes paid by businesses. It applies to the total receipts of a business after deductions for purchases from other businesses; but not for labor and not for purchases from foreign businesses. So it is essentially 9% of labor plus profits plus foreign inputs. This means that a Toyota dealer can’t deduct the cost of goods sold and the 9% applies to essentially his entire revenue, making a Toyota 9% more expensive than now. A Ford would not be a full 9% more expensive. Although the 9% would apply to foreign parts and the US labor costs, this would be only slightly more than the Payroll Tax Ford now embeds in the price. This 9% is separate from the 9% Sales Tax, which means the Toyota would actually be 18% more expensive and the Ford perhaps 10% more expensive. You are supposed to be overjoyed at this because you were able to take home 91% of your paycheck instead of the smaller paycheck you now have.
Who cares about who endorses whom? I know who I endorse and that’s good enough for me.
OK.Agree. I know he’s not Palin,. . . yes, no one is. But she’ll do what she needs to do and I think that will be throwing her support to Cain. I’m just frustrated and sick of the gop and the media deciding who our candidate will be. And very ticked at my gov who has endorsed Romney so early.
Of course he does.
Birds of a feather.
Anyone with half a conservative brain should've seen thru both their acts a mile away.
RINO endorses RINO. Big shock there.
Sure, he’s a great entertainer. He knows his audience well.
Emphasis mine.
I was listening to this today. His point was that the Republican establishment is pushing Romney - not the CONSERVATIVE movement. Oh, and he thinks that's BAD. He doesn't want Romney. Things will change, though, and Cain will get the nod.
All the conservatives should be concerned about this. The GOP establishment is going to screw America over again.
Living in SC and active in the Repub party, you are wrong. Herman Cain is a southern Baptist and he will have the vote in SC.....we don't like Perry due to his immigration stance.
Plus , he's a gospel singer and we love our gospel music lol
don’t like Perry due to his immigration stance.
What has Perry proposed that you disagree with on immigration?
allowing state paid tuition for illegals. That’s a no brainer.
allowing state paid tuition for illegals. That’s a no brainer.
sorry hit the send button twice
You do understand that Texas legislature overwhelmingly approved that in 2001 and re-affirmed it in 2005? You also do realize that there are a dozen states that also have legislation to permit it as well.
And you call this his “stance?” You are sorely lacking in information.
IBTZ!
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