Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: HiTech RedNeck

>> They do not realize that due to elimination of hidden taxes, prices would ease under the Cain plan

The plan is revenue neutral; net taxes will NOT be decreasing. They’ll merely be shifted around (adding in another huge entirely new revenue stream for Congress to play with).

Across the board price decreases are fantasy math, similar to the Congressional fantasy of promising spending cuts later if you give in to tax increases now.


126 posted on 10/16/2011 6:00:14 AM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: Nervous Tick
Across the board price decreases are fantasy math

The only way to justify that statement is to ignore the free market which inevitably lowers prices through competition.

128 posted on 10/16/2011 6:01:45 AM PDT by palmer (Before reading this post, please send me $2.50)
[ Post Reply | Private Reply | To 126 | View Replies ]

To: Nervous Tick

The Laffer curve will come into play. 35% is probably well to the right of the Laffer peak. This 27% will open up doors for economic development.


133 posted on 10/16/2011 6:05:15 AM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
[ Post Reply | Private Reply | To 126 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson