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To: editor-surveyor

Yes, that is for State sales tax. But that doesn’t answer the question wrt 999.

Many people here are saying that the 999 plan taxes all sales inside the production chain eg. the bread maker pays 9% tax to the flour maker and the flour maker pay 9% tax on his purchases from the farmer etc... I want confirmation that the 9% sales tax applies only at point of retail, and only on new goods (and not inside the production chain where producers buy materials to make other products such as the VAT tax does).

He could update his website to say something straightforward like “9% sales tax only applies to the retail sales of finished product to end users” or something that is explicit and definitive. I am pretty sure that it only taxes retail sales of new goods, but I think he needs to say it better.


148 posted on 10/17/2011 4:04:45 PM PDT by monkeyshine ( The path of the righteous is beset by the inequities of the selfish and the tyranny of evil men)
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To: monkeyshine

>> “Many people here are saying that the 999 plan taxes all sales inside the production chain” <<

.
That is an assumption based on typical congressional behavior, not an actual stated feature of Cain’s version of 999.


150 posted on 10/17/2011 4:07:56 PM PDT by editor-surveyor (No Federal Sales Tax - No Way!)
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