Posted on 10/15/2011 10:13:14 PM PDT by Republican Wildcat
Totally agree with you. Example: Senior citizens on a FIXED INCOME will not be able to afford Cain's 999 tax plan.
I am retired, live in Chicago on a fixed income and pay 7 3/4% state and local tax. With the price of food, medicine, rent, etc. we must make use of food pantries and decide whether to pay for food or medicine. There is no money in my pocket for my current expenses and Cain's 9-9-9 tax plan. For those who may refer to senior citizens as those people who have no skin in the game and are “getting a free ride”, let me remind you that I've worked since the age of 18, until recently at age 76, and I've contributed to Social Security all along the way. Cain's tax plan will stick it to the most vulnerable age group who don't have the ability to change their present lot in life due to the aging process and health issues. And without food or medicine, senior citizens will die sooner, rather than later.
This is the time that we must vet all presidential candidates...ask the hard questions and demand answers. Stand up and speak out, senior citizens, pass this information on to your friends, relatives, Tea Party mates, everybody. Email Herman Cain at www.hermancain.com OR write him at Friends for Herman Cain, PO Box 2158, Stockbridge, Georgia 30281 Telephone 678/601-2772
Oboma has to be removed, and a conservative is my choice. Mr. Cain can make some changes in his tax plan, and we must make sure he hears us loud and clear.....we have questions and we demand answers.
HHC’s husband.
Frankly, any FReeper who posts to me is treated under the same ethical system and regardless of relationship. So here's the deal:
Any officer of government who speaks before a claque of racist communist traitors like La Raza without deeming them as such, and to their faces, is (at best) unworthy of public trust, a pandering weasel, a coward, and a fraud. THAT'S Rick Perry.
Hence, post to me in a condescending fashion that, because I don't support Rick Perry for President, I don't know what I'm talking about, that he is a patriot simply because he knows it's popular to appear to be a supporter of the Second Amendment (or whatever), then that poster will get that assertion shoved right down his or her throat.
I will not support this glad-handing, pandering, back-slapping empty-suit huckster for the Republican nomination for President under any circumstances.
Of course Rick Perry doesn’t support the 2nd amendment! Thats why he carries a Ruger 380 autoo when he goes out jogging.LOL.
Yourt hatred of Perry gives one pause.A little over the edge eh? Sounds like you are a Romney-ite or a Paul supporter.
If Perry is out there getting Hispanic votes, more power to him.Hispanic culture is by nature conservative.
It looks like the origins of this smear are liberal websites claiming that Mitt Romney "bought" Clear Channel as an attack on Republicans in general and talk radio in particular.
Anyone who has saved and paid taxes on those savings should have money that is not one more time taxed by the Fed. Instead, those people are going to be taxed one more time on money that has already been taxed. That applies to retired senior citizens more than anyone else.
There are many plans, however, that were tax deferred until they were withdraw, BUT in those cases that money is fair game for taxation. The problem, even with that, though, were the assumptions in place when that money was put into a retirement account. The assumption was that a minimal income drawn from those savings would last for so many years. A minimal income would probably be barely taxed or not taxed at all under the current system. Under 999, it will get hit twice. 9% for income tax and 9% when purchases are made.
That 9-18% rate is far higher than most seniors were planning on having their savings taxed. Therefore, those savings will last them for fewer years.
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