[Rutles4Ever]

9% income tax - helps middle class, upper class
9% corporate tax - helps upper class, exec. bonuses
9% sales tax - hurts lower class (essentials), middle class (please, may I put another coal on the fire?), and the upper class (Botox diet!)

Presumptive BONUS: This will create Jobs.
Presumptive REALITY: Corporations are absolutely drowning in cash and NOT hiring today, as it is.

Furthermor, as soon as the spigot turns off at the Federal Reserve, bond prices are going to go into freefall. Add that sales tax on top of rampant inflation, and that’s ballgame.

Money is absolutely DIRT CHEAP. That should tell all of you something about what the problem is. It’s not corporate taxes. It’s the Federal Reserve.

This plan will not address the underlying cancers in the economy:

1) Government spending
2) The Federal Reserve

[republicangel]

Your money that you draw out of your 401K will be taxed, wouldn't you like it at the lower 9% rate? It wasn't taxed when you put it in the 401k, because they are going to tax it when you withdraw it.

401k's are not tax-free, they are only tax deferred.

[editor-surveyor]

>> “REALITY: Corporations are absolutely drowning in cash and NOT hiring today, as it is.” <<

.
Obamacare.