JTF.ORG Forum
General Category => General Discussion => Topic started by: Maimonides on October 09, 2011, 01:55:26 PM
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Since there is talk on this board about support Herman Cain's 999 plan, we should take a look at it.
Under Herman Cain's 999 plan he would implement a :
1) 9% Flat Income tax on Everyone with NO Deductions
2) 9% Sales Tax on EVERYTHING (including food and clothing)
3) 9% Business Tax on all Business with NO Deductions
Here is a website that has a calculator which is an estimate of what your individual taxes will be, but the caveat is that it is just a rough estimate so it may be lower or higher in reality.http://www.nerds4cain.com/Blog/archives/723 (http://www.nerds4cain.com/Blog/archives/723)
Frankly I think Herman Cain is too heavily influence by Wall Street because of his past with the Pillsbury Corporation, and his stint as Chairman of the Federal Reserve Bank of Kansas City.
His 999 plan would in effect raise taxes on the poor and middle class, while cutting taxes for the rich. There is no way he could sell to millions of Americans who pay no income tax to start paying income tax. And the National Sales Tax will in effect be another federal tax on top of the income tax.
Plus we know how Washington works it will start as a 999 plan, and then become a 25-25-25 plan or who knows how high taxes will go when the Federal Government has a new source of revenue.
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Even though I don't think we should raise taxes on the rich, thought we definitely shouldn't raise them on the middle class and poor.
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The less money the govt had, the more likely they'll spend it more wisely and the more private enterprise will form. Income tax should be abolished while oil tax and consumption tax should be high.
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I have spoken about this before. Its a pipe-dream, and its never gonna happen. Even with a GOP super-majority, they would never gamble on this, especially when we are drifting towards becoming Greece.
The taxes DO need to be lowered, but first spending has to be cut, then taxes need to be simplified, then we can look at changing rates and possibly experimenting with something like a national sales tax.
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Frankly I think Herman Cain is too heavily influence by Wall Street because of his past with the Pillsbury Corporation, and his stint as Chairman of the Federal Reserve Bank of Kansas City.
1. How does that past make him "influenced by wallstreet" ?
2. What exactly is wall street's influence? How is it positive/negative?
As an addendum, I'm not entirely sure what you refer to by the term "wall street" - does that include many different businesses all acting with unitary purpose? Or some representative body that includes all the traders and publicly traded companies (does something like that exist?) Or do you mean an exchange floor like the NY Stock Exchange?
Please help me understand your statement.
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It would give a tremendous boost to the economy. I don't really like leaving corporate and income taxes in the mix because the 9s would tend to get raised but it is certainly a new idea and a step forward.
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I have spoken about this before. Its a pipe-dream, and its never gonna happen. Even with a GOP super-majority, they would never gamble on this, especially when we are drifting towards becoming Greece.
The taxes DO need to be lowered, but first spending has to be cut, then taxes need to be simplified, then we can look at changing rates and possibly experimenting with something like a national sales tax.
America already is greece whether people want to admit that or not. The difference is america is superior to greece and also the US dollar.
But the fact is the govt needs additional revenue and to cut spending massively. LOWERING TAXES creates a bigger hole than currently exists. Taxes will not be lowered.
Cain's plan incorporates aspects of the flat tax and aspects of the fair tax. These are the two main forms of taxcode revision envisioned by opponents of the current system. There is usually an argument between them, one side says no we shouldn't enact a fair tax because we would rather it be flat tax. And vice versa.
The way I see it this 999 business can work for and against cain. On the one hand it can work against him because often people are all talk, they all hate the current system but when it comes to actually trying something new, oh no that's too extreme we don't know how it will turn out etc they are comfortable with how things are even tho they complain about it. On the other hand, there are many americans who are sick and tired of the same old same old nonsense out of washington and are in the mood for big changes because they increasingly see the country is in a drastic state. So a totally new idea that changes the whole tax code could be something people embrace. Judging by his surprise popularity it seems there are more willing to embrace it.
As to raising taxes on the poor, they should have to pay taxes too why are they exempt? Let's discuss that question.
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It would give a tremendous boost to the economy.
I agree. The logic is something like this, tax businesses less, they make more money and invest more and also can create more jobs, tax people less and they will spend more on goods thereby causing businesses to earn more and the govt to earn more thru the sales tax getting pennies on the dollar to all those transactions, the businesses get more sales and confidence that the economy and consumer spending can grow now that tax burden is alleviated, and they hire more.
The main reasons companies are currently hesistant to hire more is because they are not confident the economy can grow under these conditions and also there is the dark cloud of federal regulation always hanging over head that maybe tomorrow the govt regulates excessively and comes in to "change the rules of the game" with new legislation over controversial matters in certain industries thus putting companies with low cash reserves (which they reinvested in the company by hiring) at additional risk to adapt to that. The companies are "keeping their powder dry" because they know at any time a new "obamacare" type bill can come and turn their industry upside down.
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Very simple, would you go and do the hard work of starting a business, knowing the government is going to take most of the money if you succeed. Neither do many potential entrepeneurs. Unleash the private enterprise spirits and good things will happen.
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He can make a 999 plan or even 111 plan, but he should never make any 666 or 786 plan.
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He can make a 999 plan or even 111 plan, but he should never make any 666 or 786 plan.
:::D
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I read that half of the people don't pay any taxes at all right now. I guess they would not welcome this suggestion. I am undecided about the issue of flat tax. What I think I support though is that only people who pay (net) income taxes have a right to vote. Yes, I think that voting rights should be restricted to those who have the symbolic "stewardship" of the country.
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But should people who pay more in taxes get more votes? Actually come to think of it, the sort of do.
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He's such a dumb donkey. His policy on China, when he was asked about it was: "I've got three words for you on China, Outgrow China"
First of all, that's two words. Secondly... does he have ANY idea how big China is? Is this the best the GOP can present to us? :'(
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But should people who pay more in taxes get more votes? Actually come to think of it, the sort of do.
Perhaps, if votes represent the percentage of your "investment" in your country. But I would take away votes from those who invest in foreign companies and outsourcing. In other words, the voter should have a stake in the well-being and economic performance of his country. He should absolutely have no stake in the prosperity of other countries, because he would then vote for their interests, not his own country's interests.
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He's such a dumb donkey. His policy on China, when he was asked about it was: "I've got three words for you on China, Outgrow China"
First of all, that's two words. Secondly... does he have ANY idea how big China is? Is this the best the GOP can present to us? :'(
There isn't much America can do about China other than get its house together.
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There isn't much America can do about China other than get its house together.
Right but don't you think Cain's commentary was especially stupid?
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He's such a dumb donkey. His policy on China, when he was asked about it was: "I've got three words for you on China, Outgrow China"
Compare that to these and who would you rather giving the choice:
''The Middle East is obviously an issue that has plagued the region for centuries.''
—Barack Obama, Tampa, Fla., Jan. 28, 2010
''In case you missed it, this week, there was a tragedy in Kansas. Ten thousand people died -- an entire town destroyed.''
—Barack Obama, on a Kansas tornado that killed 12 people
''I've now been in 57 states -- I think one left to go.''
—Barack Obama, at a campaign event in Beaverton, Oregon
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Perhaps, if votes represent the percentage of your "investment" in your country. But I would take away votes from those who invest in foreign companies and outsourcing. In other words, the voter should have a stake in the well-being and economic performance of his country. He should absolutely have no stake in the prosperity of other countries, because he would then vote for their interests, not his own country's interests.
It should be one vote per legal tax paying american citizen who is not a convicted criminal.
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Irish Zionist, right now I'm just saying that Cain shouldn't get the republican nomination. If he were to be chosen of course I would support him against Obama.
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Right but don't you think Cain's commentary was especially stupid?
Not particularly, no. Everyone has a brain fart every now and then. Like I said, there isn't much America can do other than get its act together and return to principles that made it great. There's no magical government plan that will fix it.
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As the situation stands today, Cain2012 is the best candidate available on both sides.
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1. How does that past make him "influenced by wallstreet" ?
2. What exactly is wall street's influence? How is it positive/negative?
As an addendum, I'm not entirely sure what you refer to by the term "wall street" - does that include many different businesses all acting with unitary purpose? Or some representative body that includes all the traders and publicly traded companies (does something like that exist?) Or do you mean an exchange floor like the NY Stock Exchange?
Please help me understand your statement.
When I say "Wall Street" I refer to multinational corporations, and private equity funds that dominate the Wall street stock index and the financial system in this country. These corporations, and private equity funds control our government, and use the government to impose regulations that crush small businesses while they ship jobs and wealth overseas.
Perhaps I should use the term multinational entities (MNE's), because not all companies listed on Wall Street are bad.
Herman Cain defends the Federal Reserve, which bailed out "Wall Street" and opposes any audit of the Federal Reserve. Clearly his stint as Chairman of the Fed Bank of Kansas City affects his current policies. Cain states that we should not blame the banks or corporations, but the fact is the banks and corporations are one with the U.S. government. If you don't focus on the fact that we have banksters and corporate monopolies destroying our economy by using their influence in our government, then this economic crisis will never end.
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Not particularly, no. Everyone has a brain fart every now and then. Like I said, there isn't much America can do other than get its act together and return to principles that made it great. There's no magical government plan that will fix it.
From everything I've seen he has no understanding of foreign policy.
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I read that half of the people don't pay any taxes at all right now. I guess they would not welcome this suggestion. I am undecided about the issue of flat tax. What I think I support though is that only people who pay (net) income taxes have a right to vote. Yes, I think that voting rights should be restricted to those who have the symbolic "stewardship" of the country.
Not true. Half of people don't pay Federal INCOME tax, but ALL working people pay Federal payroll taxes. To raise taxes on working class Americans by making them pay income tax would be to crush them into further into poverty.
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Giving taxes to social security and medicare should only be voluntary and not forced on American workers. Those who do their part and give deserve to get back in return when they reach that time and age. Those who choose not to give have a right to do something similar with a private bank.
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:::D
As the situation stands today, Cain2012 is the best candidate available on both sides.
:::D :::D :::D :::D :::D :::D :::D That's a joke, right?
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:::D :::D :::D :::D :::D :::D :::D :::D That's a joke, right?
If it's a joke its a very poor one... In a country of over 300 million people a 150 million of them possibly able to be president we have people pinning their hopes on a 65 year old [censored]. :'(
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:::D :::D :::D :::D :::D :::D :::D :::D That's a joke, right?
Yeah because you ridiculing syyuge really makes Romney look like less of a herb.
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I suspect that jbeige's real candidate is Don Black.
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I suspect that jbeige's real candidate is Don Black.
But what do you people live on Størm Frønt? I had to look up the name to see just who it was :::D
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It will be simpler. But not likely to be cheaper for tax payers.
None of the taxes are constitutional.
The federal government is supposed to beg the states for funds. And its up to the states to grant funds to the limited national government.
Thanks Lincoln for putting one of the first nails on the US coffin. Under Lincoln power transfered from the states to the District of Corruption.
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His 999 plan sounds like a McDonald's commercial: "99 99 hey 99..."
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His 999 plan sounds like a McDonald's commercial: "99 99 hey 99..."
Well we all may be needing to eat off of a dollar menu if the economy gets wrecked any further.
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His 999 plan sounds like a McDonald's commercial: "99 99 hey 99..."
His 999 plan will be torn to shreds by the Democrats if he is the nominee.
We need his 9-9-9 plan like we need 9-9-9 bullets in the head. A 9% federal sales tax on top of a state and city sales tax plus still keeping a federal income tax will kill our economy, and hurt the poor and middle class the most.
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This plan must be great because it's from Cain, please don't disagree, you're not allowed to do that.
Wow it's a great plan, I love it.
If it's Cain it has to be good.
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Romney is the spiritual father of Obamacare.
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Herman cain said "If g-d can ask for 10% why cant we ask for 9%". That statement proves to me he is a rightous gentile. I'm supporting Herman cain.
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Herman cain said "If g-d can ask for 10% why cant we ask for 9%". That statement proves to me he is a rightous gentile. I'm supporting Herman cain.
Yes Herman Cain is the greatest, wow I never thought of Cain as the same as G-d thanks for pointing that out.
I'm with you, I will pay so much more tax but I'm turning myself over to Cain, he's great.
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I suspect that jbeige's real candidate is Don Black.
You converted me, I love Cain now, he's the greatest, we should all go campaigning for him.
This agreeing with everyone is great, on here you don't have to have your own opinion and things go so smooth, those that say it's boring and that it don't make sense are nazis.
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Yes Herman Cain is the greatest, wow I never thought of Cain as the same as G-d thanks for pointing that out.
I'm with you, I will pay so much more tax but I'm turning myself over to Cain, he's great.
I am disgusted by your comment that accuses me of avoda zara. All I am saying is that I think he is a rightous gentile. There are so many other taxes that will be eliminated by his 999 plan. Capital gains is one of those taxes that will be eliminated.
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I am disgusted by your comment that accuses me of avoda zara. All I am saying is that I think he is a rightous gentile. There are so many other taxes that will be eliminated by his 999 plan. Capital gains is one of those taxes that will be eliminated.
Don't get sucked into this crap. This Pedofront troll will be banned soon anyway.
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His 999 plan sounds like a McDonald's commercial: "99 99 hey 99..."
Lol
:::D
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You converted me, I love Cain now, he's the greatest, we should all go campaigning for him.
This agreeing with everyone is great, on here you don't have to have your own opinion and things go so smooth, those that say it's boring and that it don't make sense are nazis.
It seems the real problem is what you have. You have a problem with other people disagreeing with you about the milquetoast Romney and so you are behaving like a child now. No one here said you can't disagree with cain or people who like him. You're attacking a strawman because you are not "getting your way" - truly childish.
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Back to the subject of the post, I think some good objections were raised in the debate- this 999 plan could create an opening for congress to raise taxes more and we know they will try. Cain says it would require 2/3 majority vote to raise it. What do you think?
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Herman Cain is the African American equivalent of Donald Trump. A good businessman and a smooth talker. How does that make him qualified to be on the top of the Presidential ticket. I see America's 'White Guilt' rearing it's ugly head in all this Herman Cain interest.
We see where that got us in the last election. We need to have a credible candidate if we hope to beat Barack Obama.
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Herman Cain is the African American equivalent of Donald Trump. A good businessman and a smooth talker. How does that make him qualified to be on the top of the Presidential ticket. I see America's 'White Guilt' rearing it's ugly head in all this Herman Cain interest.
We see where that got us in the last election. We need to have a credible candidate if we hope to beat Barack Obama.
Has nothing to do with white guilt. It has everything to do with Perry and Romney being awful, fake conservative, big government republicrats. Perry favors illegal immigration, paying anchor babies to get educated and can't debate to save his life. Romney is the father of Obamacare and is a Mormon, meaning real economic and religious conservatives won't support him. Cain is a straight-talker and although his positions aren't all perfect he is a much better alternative than either. At least he gives a straight answer. The next most popular white candidate after those 2 is Ron Paul...
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I am disgusted by your comment that accuses me of avoda zara. All I am saying is that I think he is a rightous gentile. There are so many other taxes that will be eliminated by his 999 plan. Capital gains is one of those taxes that will be eliminated.
So eliminate taxes for Warren Buffett, and make up for it by raising taxes on the poor and middle class who will be hit with a 9% income tax and 9% sales tax and 9% business tax that will hit small businesses?
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Has nothing to do with white guilt. It has everything to do with Perry and Romney being awful, fake conservative, big government republicrats. Perry favors illegal immigration, paying anchor babies to get educated and can't debate to save his life. Romney is the father of Obamacare and is a Mormon, meaning real economic and religious conservatives won't support him. Cain is a straight-talker and although his positions aren't all perfect he is a much better alternative than either. At least he gives a straight answer. The next most popular white candidate after those 2 is Ron Paul...
I hate to tell you but religious conservatives will definitely vote for Romney and the Mormon thing is a dead issue, we have a muslim in the white house now so you think people care about that any more.
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I hate to tell you but religious conservatives will definitely vote for Romney and the Mormon thing is a dead issue, we have a muslim in the white house now so you think people care about that any more.
I am not happy that he's a Mormon. If he is elected president that crazy cult will get even more memberships.
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I hate to tell you but religious conservatives will definitely vote for Romney and the Mormon thing is a dead issue, we have a muslim in the white house now so you think people care about that any more.
Right, like they all came out to vote for McCain? McCain rejected the support of John Hagee and millions of evangelicals stayed home. Now Mitt has basically come out with the halal pig Chris Christie and told that Baptist minister to go to hell. So Romney has the baggage of flipping off a high-profile evangelical and he is a Mormon. Good luck getting evangelicals to come out for Romney. They won't vote for Obama, they'll just sit at home and not vote.
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I hate to tell you but religious conservatives will definitely vote for Romney and the Mormon thing is a dead issue, we have a muslim in the white house now so you think people care about that any more.
Right. It might be an issue in the primaries. I don't think much could be made of it in the general election. We do have a Muslim in the White House.
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Has nothing to do with white guilt. It has everything to do with Perry and Romney being awful, fake conservative, big government republicrats. Perry favors illegal immigration, paying anchor babies to get educated and can't debate to save his life. Romney is the father of Obamacare and is a Mormon, meaning real economic and religious conservatives won't support him. Cain is a straight-talker and although his positions aren't all perfect he is a much better alternative than either. At least he gives a straight answer. The next most popular white candidate after those 2 is Ron Paul...
I don't consider him a better alternative than Romney or Perry. Just because he is a 'smooth talker'. I'm not a fan of either Romney or Perry. I just think they bring more to the table.
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What do you like about Rick Perry? That he said you 'don't have a heart' if you oppose using taxpayer's money for anchor-baby education? He's even more pro-wetback than Jorge Bush. Or do you like how Romneycare was the prescursor for Obamacare and both force people to buy health insurance which is blatently unconstitutional? Mitt says he'll repeal Obamacare ASAP which makes him a colossal hypocrite and a phony.
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Right, like they all came out to vote for McCain? McCain rejected the support of John Hagee and millions of evangelicals stayed home. Now Mitt has basically come out with the halal pig Chris Christie and told that Baptist minister to go to hell. So Romney has the baggage of flipping off a high-profile evangelical and he is a Mormon. Good luck getting evangelicals to come out for Romney. They won't vote for Obama, they'll just sit at home and not vote.
You believe what you want.
The fact is the Mormons and all the other groups will come out in force for Romney, except the Jewish people they will still stick with obama.
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I don't consider him a better alternative than Romney or Perry. Just because he is a 'smooth talker'. I'm not a fan of either Romney or Perry. I just think they bring more to the table.
You are right but a lot of people on here want another monkey in the white house, they think the second time around they will get lucky.
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Cain2012 with a 999 plan will be much better than anybody with a 666 plan. That much can be certainly said.
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What do you like about Rick Perry? That he said you 'don't have a heart' if you oppose using taxpayer's money for anchor-baby education? He's even more pro-wetback than Jorge Bush. Or do you like how Romneycare was the prescursor for Obamacare and both force people to buy health insurance which is blatently unconstitutional? Mitt says he'll repeal Obamacare ASAP which makes him a colossal hypocrite and a phony.
I like that they are not Obama and I believe that they can defeat him. That is what I like about them.
Do you think Herman Cain can sway undecided Obama voters to vote for him?
They aren't voting for an old 'Uncle Tom'. They will just vote for Obama again.
If anyone should understand that Obamacare must be repealed...it's Mitt Romney. How does that make him a colossal hypocrite and a phony. I would see it as a problem if he defended Romeny care
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You believe what you want.
The fact is the Mormons and all the other groups will come out in force for Romney, except the Jewish people they will still stick with obama.
I predict you will be sent (fudge-) packing back to where you belong with Frank Weltner and Pedofront in 6.7 seconds.
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Do you think Herman Cain can sway undecided Obama voters to vote for him? They aren't voting for an old 'Uncle Tom'. They will just vote for Obama again.
What makes you think that an "undecided Obama voter" would pick a phony Republican like Chris Christie or Rick Perry? Why would they pick Obama Lite when they can have the real thing?
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I predict you will be sent (fudge-) packing back to where you belong with Frank Weltner and Pedofront in 6.7 seconds.
I think I'm going to report you in, you are the reason why this forum can't keep any new members.
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Wow, so much animosity. I do think calling someone a homosexual using f***packer is certainly not appropriate for this forum.
Especially since jbiege hasnt said anything that hasnt already been said by many other members.
bullcat3 : I agree about the Perry's race may very well hurt him with the undecided's. I Never even thought of that.
There were many independant voters who voted for Obama so that could prove that they were not racists.
I think having a non-black candidate would help with that percentage for a general election since they may want to do the opposite this time around.
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Cain2012 with a 999 plan will be much better than anybody with a 666 plan. That much can be certainly said.
Cain's 999 plan is the 666 plan. Conservatives should not favor a new federal sales tax on top of an income tax. Do you want an IRS auditor at every cash register, because that is what is going to happen?
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Cain's 999 plan is the 666 plan. Conservatives should not favor a new federal sales tax on top of an income tax. Do you want an IRS auditor at every cash register, because that is what is going to happen?
Does anywise TRULY believe that a politician would ever be able to institute this kind of tax system here in America? Don't get me wrong, I wish we could sustain this type of tax system, and it would probably work well in other countries that are more economically free (hong king, switzerland, etc) , but we simply can't do it here.... Obama has made that a near certainty by growing the size of our government to historic size and pushing our Debt to dangerous levels.
I think this is a good marketing ploy, but even if the GOP had a supermajority, I dont think they would gamble on this. I want to hear more about government size reduction than anything else.
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Does anywise TRULY believe that a politician would ever be able to institute this kind of tax system here in America? Don't get me wrong, I wish we could sustain this type of tax system, and it would probably work well in other countries that are more economically free (hong king, switzerland, etc) , but we simply can't do it here.... Obama has made that a near certainty by growing the size of our government to historic size and pushing our Debt to dangerous levels.
I think this is a good marketing ploy, but even if the GOP had a supermajority, I dont think they would gamble on this. I want to hear more about government size reduction than anything else.
The fact is Cain is talking about introducing a Sales Tax, and by doing that he is going to make it more acceptable for other politicians to talk about. The last thing we need is a Sales Tax on top of all the other taxes we have.
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At this point I'm picking whomever will be the republican against osama. The remaining republicans are all disasters.
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Cain's 999 plan is the 666 plan. Conservatives should not favor a new federal sales tax on top of an income tax. Do you want an IRS auditor at every cash register, because that is what is going to happen?
Even if it results in less taxation than we have now?
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Even if it results in less taxation than we have now?
It will result in MORE taxation! Income Tax, Corporate Tax, and now SALES tax!
If your income tax is now less than 9% (which it is for many poor and middle class Americans) then your income taxes will go up!
Warren Buffett on they other hand will have to pay NO taxes, because there will be no more capital gains tax.
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But should people who pay more in taxes get more votes? Actually come to think of it, the sort of do.
This would be a very good idea.
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It will result in MORE taxation! Income Tax, Corporate Tax, and now SALES tax!
If your income tax is now less than 9% (which it is for many poor and middle class Americans) then your income taxes will go up!
Warren Buffett on they other hand will have to pay NO taxes, because there will be no more capital gains tax.
If the government is taking more money from the wealthy and less to none to the poor, then the government has a responsibility to do more for the wealthy than for the poor who pay less tax. Does that sound logical or appropriate to you?
If I had my way, I would make income tax 0% and create a sales tax that can start at 15% all across the board. Now every American pays their fair share to the government for equal protection etc etc. And nobody is penalized for working hard or being lazy being lucky or unlucky.
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If the government is taking more money from the wealthy and less to none to the poor, then the government has a responsibility to do more for the wealthy than for the poor who pay less tax. Does that sound logical or appropriate to you?
If I had my way, I would make income tax 0% and create a sales tax that can start at 15% all across the board. Now every American pays their fair share to the government for equal protection etc etc. And nobody is penalized for working hard or being lazy being lucky or unlucky.
No it does not sound logical, it sounds Unconstitutional!
The U.S. government is not a corporation that caters to whoever pays the most into it. Though in reality rich powerful entities have a disproportionate control over the U.S. government, it is still Unconstitutional and illegal.
The federal income tax should be abolished, but that is not even being discussed by any of the major presidential candidates. Cain is proposing an income tax on top of a sales tax!
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It will be simpler. But not likely to be cheaper for tax payers.
None of the taxes are constitutional.
The federal government is supposed to beg the states for funds. And its up to the states to grant funds to the limited national government.
Thanks Lincoln for putting one of the first nails on the US coffin. Under Lincoln power transfered from the states to the District of Corruption.
im sorry, but that's just not true. I agree with a policy of low taxes and all but the constitution does allow federal taxes.
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
I think that the best course of action is a semi-flat income tax. That is, all income above the poverty line gets taxed ~17%
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It will result in MORE taxation! Income Tax, Corporate Tax, and now SALES tax!
If your income tax is now less than 9% (which it is for many poor and middle class Americans) then your income taxes will go up!
Warren Buffett on they other hand will have to pay NO taxes, because there will be no more capital gains tax.
Newsflash--about 50% of Americans pay no tax at all, and a large number of those even GAIN from the government because of bogus "credits" or various welfare programs.
If they had some stake in the system and were on the hook, they would think twice about voting Obamas into office.
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Newsflash--about 50% of Americans pay no tax at all, and a large number of those even GAIN from the government because of bogus "credits" or various welfare programs.
If they had some stake in the system and were on the hook, they would think twice about voting Obamas into office.
All Working Americans pay Federal Payroll Taxes!!!
50% of Americans are too poor to pay Federal INCOME taxes, but all Working Americans pay Federal payroll taxes!
If you think having the GOP impose taxes on the poor will get them to vote GOP, think again.
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There are better options than the 9-9-9 tax plan.
If not 0% income tax and just sales tax, then a flat income tax that is low and that can help the economy get back on its feet and make government less bloated. I'm sorry, this country is too large for the government to be efficient with welfare, for example. The government should only take care of the basic needs that this country needs and the rest should be privatized...and guess what, with privitization, you get more jobs and a better economy.
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All the ideas you guys mentioned are Great and perhaps even better than 9-9-9... however, which one is most likely going to pass the House and Senate and become the law of the land?!
If I remember correctly, the Presidentcy composes only 1/3 of the government, it will be impossible to get anything passed if Congress is split or in opposition.
The Main Stream media do all it can to have any consevative plan seen as extreme and insensitive to the poor and disadvantaged
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All the ideas you guys mentioned are Great and perhaps even better than 9-9-9... however, which one is most likely going to pass the House and Senate and become the law of the land?!
If I remember correctly, the Presidentcy composes only 1/3 of the government, it will be impossible to get anything passed if Congress is split or in opposition.
The Main Stream media do all it can to have any consevative plan seen as extreme and insensitive to the poor and disadvantaged
Yep, thats pretty much what will happen. The Main stream Media will ensure that the country goes into complete anarchy before they let this happen.
Good ol soros just has to say the word, and people will be burning cars and turning over trash cans.
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Some hyper moneyed people are working in the mode of who knows che or lenin. They perhaps want to finish the gains of the middle classes for the sake of their own interests.
Some eurocommunists may again feel like having complete control and command in their own hands and all others to remain as the proletariat to follow them.
Regarding Cain2012, since no one knows the best or worst and many know him as somewhat positive, so i think he should be kept presently in the good books along with some others. Obviously the situation may improve further so this list can be shortened automatically or willingly. Till then all will have to bear respectfully with each other.
Regarding 999, implications are still nor clear to everyone and again it may undergo some changes at any stages for better or worse, so this may not be a focal point for contention at present. Still it should be debated for any better and practical options. Say for example Zero tax is the best tax, but it is practicable nowhere.