[RC one]

The federal income tax started out at 1%. just saying.

[Meet the New Boss]

When the goal is to be revenue neutral (while cutting spending to balance the budget), some will pay more and some will pay less.

The principal advantage of 9-9-9 does not lie in who pays less or more.

The most important thing about this change is that it re-orients incentives in the economy in favor of domestic manufacturing and domestic capital formation.

The middle class is dying. Much of our manufacturing base has moved overseas, and the rest hangs on a thread.

The 9-9-9 tax imposes taxes on goods produced by foreign businesses and alleviates taxes on saving and capital formation. Finally, it is something that helps level the field for domestic manufacturing.

It is too late to rearrange the deck chairs on the Titanic. We need to something dramatic to reverse course.

[Spunky]

Ping for later.

[SueRae]

THanks for that. I can get to the income tax one..and I can see the difference the % of new goods would affect...but the other spreadsheet is blocked (work computer). I’ll have to do some number crunching on what I actually soend on NEW goods.

[Harley]

i believe the cost of certain services and products will fall in price if the 9-9-9 plans comes to be. Isn't it logical to think if the corporate income tax drops from 35% to 9% then businesses will be able to roll prices back? The smart ones will and a competition should ensue. I know the tendency for a company might be to enjoy the 24% cut in doing business and not pass it along to the customer, but all it takes is one business to lower their prices for products or services and the others in their field will have to follow suit.

[6ppc]

I’m confused...probably should know this. I’m married, my wife does not work and my kids are beyond the age I can claim them as dependants. Am I “Married Filing Jointly” or “Head of Household”. There’s quite a difference.