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Posting this Cain editorial ~ 18 months old to make clear that Cain was for the Fair (National Sales) Tax and against a VAT and he knows the difference between the two.
1 posted on 10/19/2011 9:19:29 AM PDT by sickoflibs
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To: sickoflibs

I see reading comprehension is NOT your strong suit.

Actually READ the article. 9-9-9 and VAT are totally different type of taxes. There is NO VAT in 9-9-9.


2 posted on 10/19/2011 9:21:59 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: fightinJAG; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...

I cant sell Cain’s plan FOR him but I can clear up this BS being spread around about him.


3 posted on 10/19/2011 9:22:48 AM PDT by sickoflibs (Cain :"My parents didn't raise me to beg the government for other peoples money")
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To: sickoflibs

you know VAT isn’t anything like a Sales Tax, right?

VAT is paid through every level of the economy for ever value add to a process.

Sales Tax is only on its final consumption by the consumer.


4 posted on 10/19/2011 9:23:37 AM PDT by dila813
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To: sickoflibs
Posting this Cain editorial ~ 18 months old to make clear that Cain was for the Fair (National Sales) Tax and against a VAT and he knows the difference between the two.

Thanks !

Seems like "box o' rocks" Bachmann
does not know the difference.

And Myth Romney does not know
the difference between an apple and an orange.

But he will sell you a lemon(RomneyCare).


7 posted on 10/19/2011 9:28:04 AM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: sickoflibs
One of the president's senior economic advisers, Paul Volcker, said recently in a speech that "we must raise taxes" to deal with the deficit. Never mind that the administration and the Democrats made an already bad deficit situation worse, and never mind that they were aware of the situation before they jammed the disastrous health-care bill through Congress for the president's signature.

This probably explains why when Cain was asked about a "good fed chairman" at the NBC debate did not cite Volker. Seems Volker gone over to the dark side. Someone better let Ron Paul know about this.

14 posted on 10/19/2011 9:39:38 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: sickoflibs

Thanks for the article. Given the criticisms against Mr. Cain’s 9-9-9 plan and people claiming it is a VAT tax, this article from Mr. Cain shows that he is steadfastly against VAT so I can hardly believe that he would suddenly propose such a thing.

I mean, after all, he isn’t 0bama!


15 posted on 10/19/2011 9:41:58 AM PDT by Sister_T ("Calling ILLEGAL aliens "immigrants" is like calling shoplifters 'customers'!"-UCFRoadWarrior ><>)
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To: sickoflibs
We already have a VAT, and its name is "corporate income tax."
17 posted on 10/19/2011 9:44:53 AM PDT by E. Pluribus Unum ("Government does not solve problems; it subsidizes them." --Ronald Reagan)
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To: sickoflibs

The 999 plan isn’t a VAT, it isn’t even similar to a VAT. Cain has stayed consistent.


22 posted on 10/19/2011 9:51:50 AM PDT by mnehring
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To: sickoflibs

Seems the tea party may be losing momentum after months of body blows by the media and politicians on both sides of the aisle.

This government must be brought under control and there is no way on God’s green earth that can be done if they are given even more money to waste.

If we do not starve fedzilla it will only continue to consume much more than we can afford.

When ALL foreign aid is eliminated, a huge reduction in our handouts to the UN is stopped, all our troops are returned from Germany, Japan, S. Korea and any place which is currently not a hot war, and not a single penny to anyone here who is not in the country legally... Then, and only then, start looking at domestic spending but still no more taxes PERIOD.


27 posted on 10/19/2011 9:57:52 AM PDT by Wurlitzer (Welcome to the new USSA (United Socialist States of Amerika))
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To: sickoflibs

This is a good thread and title. It will attract some of the people who have been misinformed about Cain, they might learn something and switch over.


30 posted on 10/19/2011 9:59:26 AM PDT by palmer (Before reading this post, please send me $2.50)
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To: sickoflibs; All

As an aside, for those who claim one of the drawbacks of Herman Cain having not held political office is the lack of a record to review, this man in fact has a huge written record, not just of votes and such, but of his actual, substantive thinking and analysis on the issues of the day.

I’d take that any day or a political attendance record.


31 posted on 10/19/2011 10:00:41 AM PDT by fightinJAG (NO REPRESENTATION WITHOUT TAXATION! Everyone should pay taxes, everyone should pay the same rate.)
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To: sickoflibs

The 9-9-9 plan eliminates all hidden taxes. What you see is what you get. We cureently have all kinds of hidden taxes that are built into the cost of goods. We actually have what resembles several VAT taxes but implementation of 9-9-9 would kill those taxes in liu of visible taxes that all can comprehend. I ran my numbers last night and I would pay $8300 less federal tax/year under 9-9-9 than I pay right now. And I assumed that I buy 100% new goods, nothing used. Find a calculator and run your numbers. You might be surprised.


40 posted on 10/19/2011 10:12:45 AM PDT by lwoodham (There are 10 kinds of people, those who understand binary and those who don't.)
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To: sickoflibs
Screw all the talk. Run your numbers.

9-9-9 Calculators.

http://www.nerds4cain.com/Blog/archives/723

http://www.999calculator.net/

http://www.nerds4cain.com/Blog/archives/917

54 posted on 10/19/2011 10:45:34 AM PDT by lwoodham (There are 10 kinds of people, those who understand binary and those who don't.)
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To: sickoflibs

And he is still for the Fair Tax and against a Vat so what is the news here.


57 posted on 10/19/2011 11:14:46 AM PDT by Ratman83
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To: sickoflibs
Michelle Bauchman has the same problem as you do as far as what is and isn't a Value Added Tax.

I would be concerned with Michelle Bauchman as my tax attorney if she can't understand the Cain plan.

I wish candidates would promote their agenda and not attack those that are leading in the polls.

On thing I have admired about Herman Cain is that he has never viciously attacked the platform of another GOP candidate - or - used the debate to lie about another candidates position.

59 posted on 10/19/2011 12:31:00 PM PDT by not2worry
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