Posted on 10/19/2011 12:27:42 PM PDT by Brookhaven
Herman Cain's 999 plan.
I don’t eat apples. How will this plan help me?
999 was a boneheaded decision. Cain is not ready for prime-time.
He needs to explain it better. He was fumbling around last night like a clown talking about apples and oranges. Soundbites messages matter.
The sheer amount of news articles discussing it say otherwise...
what is the corporate tax rate?
isn’t it the highest in the world?
eliminating it, would not only make items MUCH cheaper,
it would also instantly make USA produced goods,
the most competitive in the Western world !
...the people who MOST hate replacing corporate tax
with a sales tax
...are the CHINESE !!!
His economic adviser has already told him to drop the 9% sales tax part of the plan.
That is a very analytical description of Cain's 9-9-9 interim tax reform plan and Herman's qualifications for being the President.
Using your calm and reasoned logic, may I suggest that some people have both an opinion and an asshole, but in your case you got two of one which causes your opinions to stink.
Art Laffer likes it, and he's a pretty good economist. http://www.theblaze.com/stories/reagan-economist-art-laffer-cains-999-is-a-wonderful-plan/
I think the smart thing to do would have been to just hit on the problems with the current tax system and the need to consider ways to encourage economic growth including lowering corporate taxes and possibly considering flat tax proposals. There wasn’t going to be any upside to advocating this 999 plan right now.
Is the income tax replacement portion of 999 going to be attractive to the 47% of the voters who pay no tax right now? Save for purchases which ostensibly include the 22% embedded corp. tax, is HC asking them to tax themselves? If he is, then he ought to run on some other platform, then spring this after he is elected. I would appreciate a more balanced tax system, but it is so unbalanced now that the winners outnumber the losers and won’t elect change.
Home sales and other incidental sales are not subject to the sales tax.
I’m sorry but your decision to post a wholly ignorant emotionally hysteric posts like that was boneheaded
There the ticket. Be a total bonehead. Advocate lying to the voters and then changing your agenda after you get elected.
That is a remarkably stupid bit of political advice.
It might be a good plan or at least better than what we have now but it won't do a bit of good if he doesn't get elected. Plus he's gonna need some heavier hitters than Art Laffer to get on board IMHO.
There isn’t any upside to advocating preemptive surrender to the status quo because you are too politically gutless to fight for what is right.
No he didn’t. Moore said Cain MAY BE forced to it because the sales tax is such a political target for the GOP Establishment bots in the campaign. He did not tell Cain to drop it.
Who is advising him to lie?
“Plus he’s gonna need some heavier hitters than Art Laffer to get on board IMHO.”
Art Laffer has endorsed the 999 plan because Art Laffer is one of the authors of the plan, along with Stephen Moore, and Rich Lowrie. He is endorsing his own plan, without bothering to mention that he is one of the authors of it. Just a little deception there, wouldn’t you say?
Anyone who thinks businesses are going to uniformly pass on any proposed savings to the consumer is a naive.
That (suspect) 22%, um, profit will go to the shareholders. In most cases.
Your apple will be $1.09.
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