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To: SunTzuWu

Set the income tax rate at 9% and add a 9% national sales tax is something the Congress can do. And later it can raise both rates, which it will do. If you do not know that, you know nothing about the politicians in Washington, DC.


19 posted on 10/11/2011 8:40:50 PM PDT by advance_copy (Stand for life or nothing at all)
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To: advance_copy

The biggest obstacle with that is raising taxes on 100% of the consumers may get tough. His plan pits consumers against Washington.


22 posted on 10/11/2011 8:43:35 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: advance_copy
Set the income tax rate at 9% and add a 9% national sales tax is something the Congress can do. And later it can raise both rates, which it will do. If you do not know that, you know nothing about the politicians in Washington, DC.

In 1964 the top tax rate was 91%. That was under the current tax system. What's to stop congress from raising it to 91% again?

No matter what system we have, congress can raise the tax rates.

25 posted on 10/11/2011 8:47:18 PM PDT by Brookhaven (999 Tax Calculator: http://goo.gl/AHsjH)
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To: advance_copy

Advance,

By your logic any plan will fail (short of an unlikely constitutional amendment) because the Dems can just raise the rates.

However, Cain’s plan has the advantage of everyone having some skin in the game. I am frankly tired of being a producer for all the entitled users who suck at the government teat.


69 posted on 10/11/2011 9:12:03 PM PDT by neocon1984
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To: advance_copy

“Set the income tax rate at 9% and add a 9% national sales tax is something the Congress can do. And later it can raise both rates, which it will do.”

BING BING BING - We have a winner!!!


98 posted on 10/11/2011 11:21:10 PM PDT by griffin
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