Posted on 10/08/2011 5:51:10 PM PDT by SeekAndFind
I’d like to beat Obama with a Cain.
Like the ‘blues’?
Try this out
http://www.youtube.com/watch?feature=player_embedded&v=kQw7MyPrwJA
That’s ridiculous.
Perry has a solid record as a conservative governor in the second largest state and the state with the biggest border problems.
He’s worked hard to handle those problems, totally without any help from the feds.
If you people weren’t so anxious to trash Perry, you could have an excellent candidate to oppose Romney.
With Cain, you have an iffy tax plan, no record and a dangerous tendency to support Romney.
But at lease Cain has a plan, instead of offering the usual focus group tested sound bites.
Have you seen this thread? I was wondering if the 9 9 9 plan works in combination with the Chilean plan that Cain talks about.
http://www.freerepublic.com/focus/news/2789970/posts?page=12
Did I mention that Cain is a stage 4 cancer survivor?
How did that shit work out with Fred Thompson’s non hodgkins lymphoma?
A mild malady compared to Stage 4 cancer.
May I add that Herman Cain is no Fred Thompson on Constitutional matters?
As I said, I admire Hermans “Fire in the Belly”
But I have reservations on his health and I think his 999 plan stinks.
How in the heck do you come up with calling any part of his plan a VAT?
Cains 999 plan is a proposal to eliminate all taxes except for:
Reducing the federal personal income tax from five rates (10/15/25/33/35) to a single 9% rate.
Reducing the federal corporate income tax rate from 35% to 9%.
Instituting a national sales tax of 9%.
According to Cain, his 999 plan is revenue-neutral i.e., it will generate the same revenue as the current system, but in a simpler, fairer way that will stimulate the economy.
If you go to Cains website, however, you will learn that the 999 plan is merely Phase Two of Cains three-phrase program. Phase One is called the Immediate Boost phase, and it consists of establishing a flat tax of 25% on personal and corporate income, while eliminating the Social Security and Capital Gains taxes. Phase Three is titled the Fair Tax, and it consists of a 23% national sales that that would replace all other federal taxation on persons and corporations.
Herman himself says the entire matter is contingent on the “Stupor Committee”
It works well with the opt in retirement system similar to Chile's. That system is, for the most part, self-sufficient and not in need of perpetual influxes of cash from general revenues. 95% of the citizens opt-in to that plan, that is impressive and works well. It would work amazingly here.
The tax plan assumes that the retirement system would be restructured to a largely self-sufficient system.
It might not be perfect, but Cain is the ONLY candidate emoting an economic plan.
There, I fixed the title (I forgot to in my first post).
So what would we sell to fund it? Yellowstone Park? Grand Canyon?
These armchair quaterbacks scream foul if a candidate doesn’t have a plan or act like the candidate would push through the plan first day in office if they do have one.
I have to give the critics credit though. They’ve managed to setup our guys any way they turned. Damned if they do, damned if they don’t.
Thank you, that answers my question perfectly. I think Cain is in the right track. (Cain Train pun unintended)
This is the plan....
http://www.hermancain.com/999plan
It is airy and ripe for pitfalls.
Read it, the layout is like a 7th grader wrote it.
Phase 1, Phase 2, Phase 1 enhanced.
Cain has the right idea, it just needs some tweaking. Ditch the sales tax part and go with an across the board flat tax. You pay X% amount of income or capital gains, period. No deductions, no forms, no using the tax code as a weapon. Everybody from the part-time employee to the CEO of the company pays the same amount, period. Oh, this hinges on repealing the amendment to the Constitution that allows Congress to levy the income tax.
One fixed amount of tax, combined with reducing the Federal government to the size it was meant to be by our founding fathers, would eliminate uncertainty and promote stabilty in our financial system.
Obummer is a totally inexperienced failure who is learning on the job.
So our plan is to replace him with our own even less experienced on the job trainee.
Then we’ll run on a platform of “vote for me and I’ll raise taxes on the 50% of you who don’t currently pay any taxes.”
That should totally energize their base and get them to stay home. /s
Yeeeeaaahhh - Deaniacs are us.
The first problem is that it doesnt get rid of the income tax. In fact, it adds a new tax a national sales tax on top of the income tax. Cain clearly intends that eventually the income tax will be eliminated. But whats to guarantee that outcome?
Love it all you want, but what guarantees that the income tax will be eliminated? or even lowered?
To ask such an asinine question, tells me that you didn't even look at it.
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