Perhaps you should read the 9-9-9 plan a bit more.
I already pay over 9% sales tax in my state and I don’t think there is tax on meds, but I could be wrong as I have medical insurance thru my employer and I pay $10.00 for my meds, except for one that costs $25.00
And no tax unless it is built into the cost.
I pay 20% of the Premium, my Employer pays 80%
As mentioned before, you would see the economy expand like never before if this plan were ever implemented.
And maybe that $500 medication will cost a lot less after the corporate tax rate is cut so drastically.
Remember the POS cars Detroit built in the 70’s, and by the mid-late 80’s, they were much better built because instead of the “Big 3” paying a 70% tax rate, they were able to put that money into R&D
Who knows - maybe a competing drug company will come out with a better drug at a much lower cost after 9-9-9 is implemented, much like Detroit built much better cars in the 80’s than the 70’s and were a much better value.
Like I said, I’ll defer to the guy with a degree in Math and Physics on this subject, and I suggest people go to Mr. Cain’s web site and read the specifics about 9-9-9
Unless you want 4 more years of President Zero and the economy to further tank and have the cost of everything skyrocket.
The MSM is going nuts. Instead of calling Cain a “Business Executive” they are basically calling him a Pizza Boy, as if his experience consists of Pizza delivery and nothing else.
If Cain frightens the left this much, then I know he is the right choice.
The left isn’t really saying much about Perry or Romney or anyone else, but they are “Palinizing” Cain.
While 9-9-9 may not benefit 100% of the people, it will benefit 100% of the country either directly or indirectly.
en.wikipedia.org/wiki/Herman_Cain
Of course they are screaming. Everybody pays. It kills the power of government to direct taxation to whom it desires.
Cain’s tax will be 9% on everything, food, drugs, everything... he said it himself in one of the debates... that my friend is a VAT tax, call it what you will it is a VAT... then he has the 9% income tax in addition to the 9% sales tax... and then the 9% cap gains tax on business...
If Cain frightens the left this much, then I know he is the right choice.The left isn’t really saying much about Perry or Romney or anyone else, but they are “Palinizing” Cain.
"Palinizing" joins "Borking" in the Dictionary of Leftist Newspeak.
Cain is an existential threat to the establishment of both parties.