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The 9-9-9 will reduce overall taxes.

When a Corporation is forced to pay taxes on production, the cost of the taxes is part of the wholesale price of the product. Therefore as much as 35% of new retail prices is based on corporate income taxes passed on to the consumer. You pay corporate taxes when you purchase new goods and services, its just hidden. Therefore retail prices will drop as much as 26% with the removed corporate income taxes. The additional 9% sales will then be added on top, with an overall saving of 17%. Therefore “Seniors”, the “Poor” and and everyone else will actually have more money in their bank accounts. And that’s not including the removal of SS and Fica payroll taxes. It’s a Win for everyone, not to mention it will may America COMPETITIVE for BUSINESS with the rest of the world. It will bring back many of the jobs EXPORTED due to high taxes to China, India, Pakistan etc...

The 9-9-9 will reduce overall taxes.

No, because according to Cain the 9-9-9 plan is revenue neutral, which means it will raise the same amount as the current tax system, it just redistributes who pays them. I've already gone through the lists in other threads, but examples of who pays higher taxes include seniors, average families, "the poor", and small businesses. Seniors pay no taxes now on their SS benefits, under Cain's plan they get hit with a 9% reduction in spending power. The average family at the median income sees their spending power drop 11% under Cain's plan. The whole point of the 9-9-9 plan (I've been told anyway) is to make "the poor" and everyone else players in the system. Small businesses get hit with higher taxes on payroll (9% vs. 7.65%) because of the way the corporate tax is defined.

Do you have a cite for the assertion that 35% of a product's price is based on the corporate tax rate? The majority of a product's cost is labor and materials, plus some transportation costs, maybe some R&D.

Look, I understand that IN THEORY the plan is based on the assumption that businesses will lower their prices eventually, which you HOPE offsets the extra taxes owed by these groups. Good luck convincing those voting blocks of that.