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Herman Cain's 9-9-9 plan sounds good; but will it work?
Washington Examiner ^ | 09/30/2011 | Byron York

Posted on 09/30/2011 8:50:12 AM PDT by SeekAndFind

Herman Cain's supporters know their part by heart. On the campaign trail, at the point in Cain's stump speech when he begins to discuss his plan for economic growth, they're always ready to join the chorus: "Nine! Nine! Nine!"

They're referring, of course, to the Republican presidential candidate's proposal to throw out today's tax structure and replace it with a 9 percent income tax, a 9 percent business tax, and a 9 percent national sales tax. Cain would eliminate capital gains taxes, the payroll tax and the estate tax.

For Cain, a Georgia businessman, 9-9-9 is a perfect platform. It's specific, but it doesn't bury people in details, like Mitt Romney's 59-point, 160-page plan. And it's not a vague promise like Rick Perry's look-what-I-did-in-Texas position. To a lot of voters, 9-9-9 is an enormously appealing proposal that is easy to grasp.

It's audacious, too. "I had a kind of pivotal moment in this," says Rich Lowrie, the head of an investment firm in Cleveland who serves as Cain's top economic adviser. "I was with Mr. Cain and I asked him, 'How bold do you want to be?' and he leaned toward me with his big, booming voice and said, 'BOLD.' "

So bold it was. But is 9-9-9, for all its boldness, a good idea?

I talked with a number of conservative economic policy experts who don't want to take sides in the campaign and thus asked to remain anonymous. They found some important things to like in 9-9-9. They favor its low rates, and they like its elimination of various types of double taxation. Most agree it would stimulate growth and create jobs, at least in the short run.

But they have two serious objections. The first is that 9-9-9 might not raise enough money to fund the government even if it creates growth and federal spending is reduced. Over the years, the government has taken in tax revenues equal to about 18 percent of gross domestic product. "I'd be surprised if 9-9-9 raises as much money as current policy," says one expert. "I'd be really surprised if it raises 18 percent of GDP."

Cain's advisers have put together a detailed analysis, or score, to argue that 9-9-9 would be "revenue neutral," that is, would raise the same amount as today's system. "We used 2008 as our baseline, and not accounting for any growth effect, it would have generated to the penny the same revenue," says Lowrie. So far, though, the numbers have not been crunched by many experts outside the campaign.

The second objection is that 9-9-9 would add a national sales tax on top of current income and business taxes, and would thus give Congress another tax to raise. Why couldn't 9-9-9 become 12-12-12? Or 15-15-15? The rates would still seem fairly low. "In the long run it leaves the door open for politicians with the wrong motives to push it upwards, and then we're stuck with something worse than what we had before," says a second expert.

"All taxes over time tend to rise to their highest sustainable point," says a third expert. "So one of the general things you don't want to do, if you're concerned about limiting the size of government, is to introduce a whole new type of tax on top of the current structure."

Lowrie rejects the argument. First, he points out that 9-9-9 would eliminate some major taxes, like the payroll tax. As for the sales tax, he argues that some politicians will always want to raise taxes, and "I don't think they would be any more likely to raise this." Finally he believes that citizens' movements like the Tea Party will keep up the pressure against tax increases. Still, the fact remains that under 9-9-9, there would be a new tax on top of existing taxes.

This week Cain's team came to Washington to explain the plan to conservative economic analysts at Americans for Tax Reform, Club for Growth and other institutions. Those experts are starting from scratch; they haven't really seen anything like Cain's plan before. And for all the problems they have with it -- they're also flummoxed by Cain's inclusion of "empowerment zones" for inner cities -- they still admire Cain for trying to find a new solution to today's problems.

"It's not an entirely coherent set of proposals," says a fourth expert. "I do worry about the end game. But I hate to rain on it because there's no perfect tax system in the world, and this is another person stirring the tax reform debate, and that's a good debate to have."

Byron York, The Examiner's chief political correspondent, can be contacted at byork@washingtonexaminer.com.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 999; fairtax; fairytaxlite; hermancain; taxcode
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YOUR COMMENTS AND CONCERNS AND CRITIQUES OF THE 9-9-9 PLAN ARE MOST WELCOME HERE.

Please leave the wisecracks to other threads :)

1 posted on 09/30/2011 8:50:18 AM PDT by SeekAndFind
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To: SeekAndFind

I like it in concept, but would need to see some safeguards against the 9/9/9 becoming 23/12/43 or something.


2 posted on 09/30/2011 8:52:47 AM PDT by RockinRight (If everyone wants to ride in the wagon, then who is pulling it?)
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To: SeekAndFind

Don’t see anybody else offering a plan. Mostly they just point out (correctly) how bad Obama is.

Personally, I’d rather go “all the way” to the Fair Tax, though.


3 posted on 09/30/2011 8:54:57 AM PDT by Little Ray (FOR the best Conservative in the Primary; AGAINST Obama in the General.)
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To: SeekAndFind

Reagan showed us how “a rising tide raises all boats”. This is Cain’s version of that.
I don’t know all the details yet, and if this will mean I will be paying a little more or a little less – but what I can say for sure, those not paying income tax today (and I don’t mean the rich) will finally have to pay their fair share. And that is a good thing.


4 posted on 09/30/2011 8:58:12 AM PDT by NavyCanDo
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To: SeekAndFind

Like the economists said in the article, I also have a problem with layering a vat or national sails tax on top of the existing income and business taxes. You know darn good and well that the politicians will just raise taxes from their.

I support scrapping all income, business, capital gains taxes along with that all sacred deductions for everything including the home mortgage interest deduction and etc, etc.

Replace with a Fair Consumption Tax.


5 posted on 09/30/2011 9:01:26 AM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: SeekAndFind

999 is a gateway to the Fair Tax.


6 posted on 09/30/2011 9:02:01 AM PDT by Retired Greyhound (.)
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To: CPT Clay

their=there


7 posted on 09/30/2011 9:02:10 AM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: SeekAndFind

seeing as Cain is a mathematician, he probably ran the figures.. and if it doesn’t bring in enough money, then raise it a bit (ug).. anyway, I like the idea. I think the people who get gubmint checks should pay a bit when they are buying their plasma tvs and playstations.

I don’t really buy much other than food or clothes, so I like the idea of paying less income tax. Most big things I buy are used...


8 posted on 09/30/2011 9:02:33 AM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
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To: SeekAndFind
a 9 percent business tax, and a 9 percent national sales tax.

A business tax is just a hidden sales tax. In other words, there would be a 9% personal tax and an 18% sales tax. If it were locked in the constitution with no other deductions, then it's probably better than what we have now.

9 posted on 09/30/2011 9:04:21 AM PDT by aimhigh
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To: SeekAndFind
"So one of the general things you don't want to do, if you're concerned about limiting the size of government, is to introduce a whole new type of tax on top of the current structure."

I thought Cain said in the last debate that what we have now would be thrown out the window and 9-9-9 would replace it.

10 posted on 09/30/2011 9:06:02 AM PDT by abigailsmybaby ("To understan' the livin', you gotta commune wit' da dead." Minerva)
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To: SeekAndFind

[they’re also flummoxed by Cain’s inclusion of “empowerment zones” for inner cities ]

Anyone have the details on this?


11 posted on 09/30/2011 9:08:02 AM PDT by KansasGirl
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To: SeekAndFind

[they’re also flummoxed by Cain’s inclusion of “empowerment zones” for inner cities ]

Anyone have the details on this?


12 posted on 09/30/2011 9:08:13 AM PDT by KansasGirl
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To: SeekAndFind
Mr York, what is to stop Congress from raising Income tax rates right now 20-30-50%? The same critic you make of 9-9-9 applies even MORE so to the current tax system.

The SAME political pressure Congress from raising the Income tax right now applies even much more so to 9-9-9

Right now it is east to demagogue tax hikes as "making the rich pay their fair share". That become impossible with 9-9-9 since EVERYONE know ANY tax hike will mean THEY pay more.

13 posted on 09/30/2011 9:08:51 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: SeekAndFind
Herman Cain is the only one one the 'stage' who has laid out a plan that anyone could understand. Why take this thread and try to pull his '9' plan apart now? Herman Cain is a problem solver and innovator - see anyone else filling those shoes? The only other adult standing is Newt 'the brilliant' but he is far from stable....make a good VP...the rest are politicians, not bad, but politicians. Cain's common sense and no bull approach is appealing. What did Obama bring to the table other than a Brooks Brother suit, baritone voice and lofty 'parables' along with absolutely no experience in anything except community organizing, a Communist tool.
14 posted on 09/30/2011 9:10:43 AM PDT by yoe
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To: CPT Clay
Those who say VAT are lying to you. 9-9-9 has NO VAT tax. 9-9-9 taxes at the final point of sale, VAT taxes tax at every level of production.

Those "Economists" who talk about VAT in relation to 9-9-9 are knowingly lying to you

15 posted on 09/30/2011 9:10:47 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: RockinRight
What is to stop Congress from raising Income tax rates right now 20-30-50%? The standared being applied to Cain's 9-9-9 applies even MORE so to the current tax system.

The SAME political pressure Congress from raising the Income tax right now applies even much more so to 9-9-9

Right now it is easy to demagogue tax hikes as "making the rich pay their fair share". That become impossible with 9-9-9 since EVERYONE know ANY tax hike will mean THEY pay more.

16 posted on 09/30/2011 9:12:06 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: SeekAndFind
Herman Cain is the only one one the 'stage' who has laid out a plan that anyone could understand. Why take this thread and try to pull his '9' plan apart now? Herman Cain is a problem solver and innovator - see anyone else filling those shoes? The only other adult standing is Newt 'the brilliant' but he is far from stable....make a good VP...the rest are politicians, not bad, but politicians. Cain's common sense and no bull approach is appealing. What did Obama bring to the table other than a Brooks Brother suit, baritone voice and lofty 'parables' along with absolutely no experience in anything except community organizing, a Communist tool.
17 posted on 09/30/2011 9:13:19 AM PDT by yoe
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To: SeekAndFind

As long as they eliminate all those deductions, loopholes, exemptions and credits, including the popular mortgage interest deduction, the 9 percent personal and business taxes are fine with me.

I also don’t personally have a problem with the 9 percent sales tax. However, if it’s a stepping stone to the FairTax, it might, like the FairTax itself, be imposed on all goods and services. I’m not sure how much people would like paying a 9 percent tax to their lawn people, roofers, plumbers, etc. Also, when combined with state and local sales taxes, the 9 percent levy might cause some economic activity to go underground.


18 posted on 09/30/2011 9:16:38 AM PDT by Tolerance Sucks Rocks (It's the Tea Party's fault!)
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To: NavyCanDo
” but what I can say for sure, those not paying income tax today (and I don’t mean the rich) will finally have to pay their fair share. And that is a good thing.”

I guess you missed the “empowerment” zones for inner-cities?

That translates to no taxes on the plantation voters.

19 posted on 09/30/2011 9:17:05 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: MNJohnnie

>>Those who say VAT are lying to you. 9-9-9 has NO VAT tax. 9-9-9 taxes at the final point of sale, VAT taxes tax at every level of production. <<

Right now it doesn’t.
It opens a new door of tax for the dems to exploit.

That being said, because all of this needs to be discussed, HC has been my pick all along.


20 posted on 09/30/2011 9:19:10 AM PDT by netmilsmom (Happiness is a choice)
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To: SeekAndFind

the one thing that is certain is that the plan used today is an absolute failure. So, that is the starting point.


21 posted on 09/30/2011 9:19:12 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: SeekAndFind
The first is that 9-9-9 might not raise enough money to fund the government even if it creates growth and federal spending is reduced

When you starve the beast, it forces Congress to make tough choices. Right now they can always deficit spend thinking once the debt gets bad enough, we will cave and give them more taxes.

That is what the Democrats are counting on. That once the Debt got bad enough, we would panic and sign off on massive tax hikes "on the rich".

Create a 9-9-9 program, remove all power from Congress to punish foes and rewards friends with the tax code a whole lot of "Solyndra" style pork barrel spending become political unfeasible. Everyone KNWO their money is being used on such corrupt spending. Congress people will no longer be able to brag about how much pork their are "bringing to the district" since everyone will know how much they personally are paying for it.

The basic problem right now is everyone figure someone else is paying their share of the taxes. 9-9-9 makes it clear that NO YOU are paying it. Instead of hiding in it behind thousands of business fees and taxes, you make the tax code much more transparent.

22 posted on 09/30/2011 9:19:18 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: MNJohnnie

My Bad


23 posted on 09/30/2011 9:24:00 AM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: rokkitapps

“I don’t really buy much other than food or clothes, so I like the idea of paying less income tax. Most big things I buy are used..”

Ditto, but we are supporting Herman Cain!


24 posted on 09/30/2011 9:24:40 AM PDT by Tomato lover (We need an army of Herman Cain voters!!)
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To: netmilsmom
What is to prevent Congress from raising existing tax rates 20-30-50% right now?

The same political pressures that keep that from happening right now, apply even more so to the 9-9-9 plan

Since everyone pays the 9-9-9 tax it is impossible to demagogue raising it as “making the rich pay their fair share”. Everyone know raising 9-9-9 means they will pay more taxes.

Right now there is more ability to corruptly use the tax code for political ends then there would be under 9-9-9. So the same critical comments being made about 9-9-9 apply MUCH more to the current tax system..

So if 9-9-9 "will not work" based on the standards being applied to it, our current taxsystem is even more unworkable.

25 posted on 09/30/2011 9:25:07 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: CPT Clay
national sails tax

"That'll be 9%, Buddy."

.

26 posted on 09/30/2011 9:26:56 AM PDT by Jeff Chandler (I never win at Scrable.)
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To: CPT Clay
Not your bad at all.

It these people in the "news media" who are supposed to be "economic experts" knowingly misleading by using the term VAT like this who are at fault.

27 posted on 09/30/2011 9:27:57 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: SeekAndFind
It's better than what we have now which can be boiled down to:

1. Taxing/Stealing and Borrowing/Printing money to produce revenue
2. Spending that revenue in order to buy votes
3. Bankruptcy and Ruin

28 posted on 09/30/2011 9:28:33 AM PDT by Dr. Thorne (Fall on your knees before Christ, your only salvation!)
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To: SeekAndFind

0-0-15 will work just fine.


29 posted on 09/30/2011 9:29:00 AM PDT by Centurion2000 (Watch what people DO, not what they say.)
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To: RockinRight
I like it in concept, but would need to see some safeguards against the 9/9/9 becoming 23/12/43 or something.

I doubt there are any, even constitutional ones. Politicians are good at coming out with bizarre new ways to count, and the judicial branch may be mathematically challenged as well.
30 posted on 09/30/2011 9:30:14 AM PDT by yup2394871293
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To: MNJohnnie

Great explanation.

That is why we need to discuss all of this.


31 posted on 09/30/2011 9:32:20 AM PDT by netmilsmom (Happiness is a choice)
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To: yup2394871293

What is to prevent Congress from raising existing tax rates 20-30-50% right now?

The same political pressures that keep that from happening right now, apply even more so to the 9-9-9 plan

Since everyone pays the 9-9-9 tax it is impossible to demagogue raising it as “making the rich pay their fair share”. Everyone know raising 9-9-9 means they will pay more taxes.

Right now there is more ability to corruptly use the tax code for political ends then there would be under 9-9-9. So the same critical comments being made about 9-9-9 apply MUCH more to the current tax system..

So if 9-9-9 “will not work” based on the standards being applied to it, our current taxsystem is even more unworkable.


32 posted on 09/30/2011 9:35:24 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: RockinRight

As I think Boehner pointed out, government accounting is fundamentally dishonest and needs to be reformed (most likely return to pre-Nixon era standards). But Boehner’s excuse for not addressing that issue is the senate. Giving the government a new way to tax people is a very dangerous thing to do. Cain’s resume is excellent, probably better than anyone in the race (to say nothing of the incumbent), but I’m afraid that his lack of experience with the public sector could allow him to get steamrolled by bureaucrats/Democrats/RINOs as president. Pie-in-the-sky promises are nothing new with presidential candidates, but Cain should consider proposing smaller reforms to the income tax before using up political capital on a Fair Tax or hybrid sales tax idea. The situation is going to be a long hard slog for whoever is the next president until the economy turns around.


33 posted on 09/30/2011 9:40:33 AM PDT by yup2394871293
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To: MNJohnnie
What is to prevent Congress from raising existing tax rates 20-30-50% right now?

Republican incumbents. Obama's probably just fine with raising rates.
34 posted on 09/30/2011 9:43:16 AM PDT by yup2394871293
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To: MNJohnnie
Since everyone pays the 9-9-9 tax it is impossible to demagogue raising it as “making the rich pay their fair share”.

You don't think like a lefty does.
35 posted on 09/30/2011 9:44:22 AM PDT by yup2394871293
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To: MNJohnnie
Right now there is more ability to corruptly use the tax code for political ends then there would be under 9-9-9. So the same critical comments being made about 9-9-9 apply MUCH more to the current tax system..

The same arguments could be used in favor of a single flat income tax. In terms of the laws already on the books, you would think it would be easier to simplify the current income tax code by flattening it and getting rid of various credits and deductions. But that doesn't mean your assertion is correct in the first place. The more types of taxes that are already in place, the more opportunities for politicians to tinker the tax code.
36 posted on 09/30/2011 9:51:28 AM PDT by yup2394871293
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To: MNJohnnie
“Since everyone pays the 9-9-9 tax...”

That's the problem, everyone wont pay it. See “empowerment zones” for inner cities.

That is the foot in the door for liberals to make sure “their people” pay nothing and the rest are stuck with a brand new tax that can be raised at will.

37 posted on 09/30/2011 10:00:18 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: SeekAndFind

“But they have two serious objections. The first is that 9-9-9 might not raise enough money to fund the government even if it creates growth and federal spending is reduced. Over the years, the government has taken in tax revenues equal to about 18 percent of gross domestic product. “I’d be surprised if 9-9-9 raises as much money as current policy,” says one expert. “I’d be really surprised if it raises 18 percent of GDP.”

This expert does not substantiate his claims by saying things like “I’d be surprised”. Why say this? The 9-9-9 plan as I understand it, removes the loopholes for corporations to skip out on taxes. It even outs the playing feild by getting rid of deductions and “earned income tax credits thereby making everyone equal as tax payers. It actually creates anotther wholle class of tax payer, the drug dealers and people who work “under the table” by making them pay a 9% sales tax with the rest of us.

So unless these so-called experts you talked to Mr. York, know exactly what drug dealers and “under the table” employee’s spend on purchases, I’d argue that they are no more experts on the subject than I am.

Looks more to me Mr. York that you have an agenda. Maybe a Romney, agenda. Hmmmmmm


38 posted on 09/30/2011 10:03:15 AM PDT by bbernard
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To: SeekAndFind; All

By the way, no one government body can change the “progressive tax” system in this country without amending the constitution.

To abolish the 16th amendment and change it with a new amendment would require super, super majorities. Even with a majority of Rupublicans I believe there would be far too many RINO’s to ever get this done. I hope I am wrong because I sure would love a simpler & fairer tax code. God knows it takes far too long to do my taxes.


39 posted on 09/30/2011 10:12:53 AM PDT by bbernard
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To: KansasGirl

Taxpayers could earn a type of tax credit for living in an “empowerment zone,” which Cain has described as inner cities needing revitalization.

You know...


40 posted on 09/30/2011 10:22:18 AM PDT by Irenic
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To: SeekAndFind

As it eliminates the payroll tax it would more than compensate for the sales tax as it is based on consumption and rhe poor simply don’t consume as much as those further up on the economic ladder. Businesses would boom b/c of the lower tax rates which would increase tax revenue. As a result of economic growth, more jobs would be available thus solving the employment crisis.


41 posted on 09/30/2011 10:22:18 AM PDT by Crucial
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To: SeekAndFind

for the Sake of clarity can we do some math on this 9-9-9 tax.

Farmer Sells 1000$ worth of cattle to Butcher. Is 9% added.

Butcher converts 1000$ worth of Cattle into 1500$ worth of Meat and sell to Grocer. is 9% added.

Grocer Sell 1500$ worth of Meat to Consumer for 2000%. Is 9% added.

OR in other words

1000$ of cattle at 9% tax is 90$ ?
1500$ of Meat at 9% tax is 135$ ?
2000$ of Groceries at 9% tax is 180$ ?

How much tax is collected. 405$ ??


42 posted on 09/30/2011 10:52:47 AM PDT by Bailee
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To: SeekAndFind

I like 9-9-9 provided it is a gateway to irrevocably eliminating the IRS and having a fair consumption tax within a short period of time. The real risk in having a IRS marginal income tax alongside a consumption tax before we eliminate the IRS althogether is that a subsequent Dem Congress will never agree to eliminate the IRS and we may end up with worst of both worlds with a constant ratcheting up of marginal income tax rates by Dems alond with a national sales tax. A bit scary.


43 posted on 09/30/2011 11:13:15 AM PDT by chuckee
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To: Tomato lover

I like Cain too. I am in Alabama and I think it will be decided by the time our primaries occur. I will gladly vote for whoever is running against Barry.


44 posted on 09/30/2011 11:21:35 AM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
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To: SeekAndFind

This 999 plan is bullshit.

Like the original XVI Amendment, it began as one thing and morphed into something else. Mainly the 16th began as a tax on corporations that were and still are afford certain protections under Federal and State laws (including persons deriving their livelihood from taxpayer monies). Private businesses were not originally affected by the 16th including private wage earners, that was redefined/came/morphed later.

People need to understand their unalienable rights and one is the pursuit of happiness where working or having a job is not a gain in society but just a right, and has nothing to do with income

VAT is a socialistic plan to confiscate funds for redistribution, the bureaucracy needed for accounting alone means it doomed from the start.

A national tax in lieu of the 16th makes some sense if only because it is spread among everyone during consumption. The income portion of the 999 plan is crap and based on current overall taxation in part.

Starve the beast.


45 posted on 09/30/2011 11:26:21 AM PDT by Razzz42
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To: Beagle8U
That is not what Empowerment zones does. They still pay taxes in them just not at the same rate.

Again, the same critic applies to the existing system. We currently exempt whole groups of people from paying taxes.

Under 9-9-9 they will at least pay something. So in the existing system you get the same flaws the critics complain about plus a whole lot more flaws.

No 9-9-9 is not perfect. It only completely better then what we have now or anything the other candidates have come up with. 9-9-9 has the advantage over all these "perfect" plans the critics come up with. 9-9-9 is politically doable.

46 posted on 09/30/2011 12:47:00 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: Bailee

For the sake of clarity, you could try being accurate.

9-9-9 would not tax any of that because food is exempt. But if it were not, it would only tax the groceries. The final sale, not each step of production.

Right now those items ARE taxes at the current 35% Business tax rate since each business has to pay it taxes out of profits generated in each sale. SO 9-9-9 would actually reduce the tax burden on these items


47 posted on 09/30/2011 12:54:18 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: yup2394871293
The more types of taxes that are already in place, the more opportunities for politicians to tinker the tax code.

Absolutely incorrect.

Our current tax system with it myriad credits and deductions does that. MORE types of taxes does not add any such opportunity to "tinker" with rates.

You can do the exact same think you complain about in our current code. NOTHING is there to stop the Political Class from doing that tinkering right now.

So again your critic is without merit.

9-9-9, in fact, seriously reduces the political classes ability to tinker since it is transparent and everyone pays. There is no ability to pit one political group against another by demagoguery like "making the rich pay their fair share" or to write breaks into the code for fat cat lobbys

There is a much greater opportunity to tinker with the current tax system with it mind numbing complexity and opaqueness then there would be in the relatively transparency of a 9-9-9 system

48 posted on 09/30/2011 1:03:33 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: aimhigh

RE: A business tax is just a hidden sales tax. In other words, there would be a 9% personal tax and an 18% sales tax

Just remember we already have a 35% CORPORATE TAX. THAT is a business tax, the second highest in the developed world.


49 posted on 09/30/2011 1:04:30 PM PDT by SeekAndFind (u)
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To: yup2394871293
Republican incumbents. Obama's probably just fine with raising rates.

Then why did he not do it with a Democrat super majority in both houses of Congress from Jan 2009 to Jan 2011?

Again the critics are just looking for things to complain about, not actually thinking through their complaints

50 posted on 09/30/2011 1:08:37 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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