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To: Lexluthor69
There is no doubt that some unintended consequences could arise if the plan is not carefully studied and a strategy developed far in advance of its implementation. This does not mean that Cain’s plan is unworthy of discussion.

I have issues with a national sales tax when there would still be an income tax as well. But Cain has pointed out the need to simplify the tax code.

2 posted on 10/19/2011 7:20:45 AM PDT by dirtboy
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To: dirtboy
Economist Stephen Moore worked on creating the 999 tax plan. Last Saturday he told Larry Kudlow that Cain needs to rework a critical component of the plan. Moore called for the 9% sales tax component to be replaced with a 9% payroll tax.

>>>>>“I’ve come to the conclusion that the American people and the voters do not want a national sales tax,” he said. “[Cain’s] going to have to replace that national sales tax with a 9 percent payroll tax. And if you do that, it’s a total winner.”

Just what many of us have been saying for the last few weeks. Still won't be a total winner, not until the Fair Tax is dropped for the Flat Tax. Then people will buy it. One thing Cain's effort is doing, fostering debate on the issue of tax reform. That is good.

47 posted on 10/19/2011 8:06:30 AM PDT by Reagan Man ("In this present crisis, government is not the solution to our problem; government is the problem.")
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To: dirtboy

REAL “conservatives” do not advocate imposing massive new tax architectures upon free people.

Herman Cain’s “999” plan is campaign snake oil, plain and simple.

It is slick talk, not much different than any other shuckster making up cute slogans to woo non-thinkers (”if the glove don’t fit, you must aquit!”)

How many Freepers have “drunk the tax Kool Aid” and come out defending and actually ADVOCATING in this forum for NEW TAXES?

Remember 1988? (I do)

Remember G.H.W. Bush’s famous campaign rhetoric?
“Read my lips — NO NEW TAXES!” (he thundered with as much might as a Connecticut-bred preppie could muster) (I do)

Remember only a few years later?
When Bush assented to a relatively mild income tax increase (in exchange for something else in a legislative deal long-since forgotten)? (I do)

Remember what happened in 1992?
How the American voters “fired” Bush for breaking his pledge to the voters? (I do)

Remember how, right here on FR, posters have again and again brought up the subject, of how Bush (the first) was rejected for having “gone wobbly” on taxation? (I do)

And now along comes Herman Cain, who proposes not only a completely new form of taxation on Americans (and one that was anathema to conservatives until Mr. Cain mouthed it), but a tax of almost TEN PERCENT on EVERYTHING that we will buy.

And folks right here on FR are lining up to toss down Herman’s Kool-Aid.

This also brings to mind some of the anti-left graphics I’ve seen posted here from time to time, showing some jackbooted thug, with the tag line “it’s not facism when WE do it”. Well, seems like Freepers have jumped the shark on that one, I propose a new graphic, with Mr. Cain smiling, and telling us “It’s not taxation when I do it!”

What did P.T. Barnum once say?

I’ll tell you what craggy ol’ Grumplestiltskin says:
NO NEW TAXES! PERIOD!

Just sayin’...


77 posted on 10/19/2011 10:01:00 AM PDT by Grumplestiltskin (I may look new, but it's only deja vu!)
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