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To: goldstategop

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.”


32 posted on 11/06/2011 6:40:36 PM PST by marty60
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To: marty60
"Politicians love 'new revenue streams', and once they get opened up they rarely ever get closed."

You are right. Cain's 999 plan closes many tax revenue streams. That is why establishment politicians are anti-Cain.

47 posted on 11/06/2011 7:09:26 PM PST by UnwashedPeasant (Don't nuke me, bro)
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