[FreeReign]

Your 23-33%% combined taxes is replaced by 18 percent, 9 in income, 9 in sales. It’s not that hard to figure out.

People who have spent most of their life earning money, paying a high rate of income tax and saving money for retirement, will now get taxed 9% on their life savings as they spend it in their retirement.

It's not to hard to figure out that that is a problem.

[JewishRighter]

Wouldn’t the sales tax burden be offset by a reduced capital gain burden?

[Cruising For Freedom]

People who have spent most of their life earning money, paying a high rate of income tax and saving money for retirement, will now get taxed 9% on their life savings as they spend it in their retirement.

It's not to hard to figure out that that is a problem.

If, like most retirees, they have been saving in their 401K properly with pre-tax dollars, the Cain plan may be the best thing that has happened to them.

Whatever its shortcomings, it's hard to deny that 999 rewards the wealth-producers and the employers, which is something this country has sorely been lacking. The "share" given current federal spending levels is 1 out of every 5 dollars, and the ones who are making up for the 47% who don't pay any income taxes are the ones who should otherwise be employing people and investing. That is flat-out wrong.

Granted, it does so partially by rebalancing the burden to others not in that group and that includes a lot of hard luck cases like seniors on fixed incomes, but there's an easy solution to lowering that burden: lower spending. And that's much easier if everyone has some skin in the game, IMO.

[newzjunkey]

It's only a problem if you think there are a class of people who should not contribute any amount to reviving this country.

You and others who try to make this case, tend to ignore the hidden taxes they'd already be paying that are baked into current prices for goods and services. While those taxes will become visible, the consumers may not really pay more in total.