Posted on 11/06/2011 6:11:14 PM PST by SeekAndFind
He still is. 9-9-9 is the gateway to the Fair Tax.
“The worst idea is a proposed national sales tax, which is a disguised VAT (value added tax) on top of everything we already pay in federal taxes.” Herman CAIN
999 is NOT A VAT
Fair Tax is NOT A VAT
You need to stop spreading this misconception.
“The worst idea is a proposed national sales tax, which is a disguised VAT (value added tax) on top of everything we already pay in federal taxes.” Herman CAIN
There a different between a sales tax and a VAT. Let me explain for you:
A sales tax, the consumer pays the tax once, on purchase. This is is the way it works with your state sales tax.
A VAT on the one hand, is a tax imposed at multiple points from the manufacturing stage to the end consumer. This is the way it works in most of the world.
I favor a national sales tax, the Fair Tax as Herman Cain does. I do not favor a VAT.
Simple and straight.
Who ask you?
See my post at #14
Oh, please.
From 1791 to 1802, the United States government was supported by internal taxes on distilled spirits, carriages, refined sugar, tobacco and snuff, property sold at auction, corporate bonds, and slaves. The high cost of the War of 1812 brought about the nation’s first sales taxes on gold, silverware, jewelry, and watches.
They understand. They are just purposely trying to make Cain look bad. It’s the same handful of FReepers over and over.
All I’m posting is Cains statements. They aren’t mine.
but here is remarks from some other guy.:
“The potential dangers of a VAT tax were described in a recent article by Dean Clancy....
A VAT is a form of national sales tax that is collected at every stage of the process from the initial sale of raw materials to a manufacturer to the final sale of a finished product to an end-consumer. It’s the most insidious of all taxes, because it is built into the price of everything and consumers can’t see how much of the price is due to the tax. When taxes rise, prices rise, but consumers mistakenly assume that’s just market forces at work. Politicians love a VAT: it lets them take a lot more money out of our wallets. And VATs usually exist side by side with income taxes, not in lieu of them. Taxpayers should hate VATs for the same reasons politicians love them.
Politicians love “new revenue streams”, and once they get opened up they rarely ever get closed.”
What VAT tax? What 999 does is reduce the income tax to a flat 9% and totally eliminates the social security and the payroll taxes and other taxes as well.
Watch, listen and try to comprehend:
http://www.c-spanvideo.org/program/CainsTa
He was opposed to VAT. Those who do not understand the difference between VAT and Sales Tax are stupid.
Well, then you just called Herman Cain stupid, and also you can’t read. Cain said himself:
“The worst idea is a proposed national sales tax, which is a disguised VAT (value added tax) on top of everything we already pay in federal taxes..”
Note he himself equates a national sales tax (which is what he is now proposing) with being a disguised VAT tax, equating the two. So, either you need new glasses, or you are blinded by your hero worship of Cain, and don’t want to see what he actually said himself. Mr. Flip Flopper, it appears.
It drives me crazy. If they don’t like his ideas then fine lets debate them but we put up with enough of this crap from the left without this from those who are supposed to be our allies.
Read post 16 which is the WHOLE article Cain wrote.
Cain is talking about a VAT. A sales tax CAN be a VAT if it is ADDED ON TOP OF OTHER TAXES. VAT stands for Value Added Tax. That is ADDED.
Cain’s tax is a REPLACEMENT tax. It is not ADDED. It is a REPLACEMENT.
When you read the whole article you see this because he is talking about the Fair Tax which is like 999. It is a REPLACEMENT tax. Not an ADDED tax.
Got it?
It will be over once Captain Goodhair drops out. The irony is that they are so annoying that they are probably driving people on the fence away. You can’t fix stupid.
VAT would be eliminated completely?
Yeah I agree entirely. I’ve seen this before. I’m just glad it doesn’t seem to be working this time. America may not be fully awake but it is no longer fully asleep and that is a big improvement in my book.
The problem is that everyone has jumped on the Sales tax,
I don’ know many people now days that can afford to have their taxes double, on supplies they buy weekly etc. Food cost have gone through the roof. I feel better about a flat tax with a balanced budget amendment and 2/3rds majority to any tax.
The bad thing is that I am worried this Committee ( which should be unconstitutional) will raise taxes and there will be nothing we can do about, it.
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