Posted on 10/08/2011 5:51:10 PM PDT by SeekAndFind
9% national sales tax on top of state sales tax will drive the market underground.
How will this spur the economy?
Thomas Jefferson
Ouch.
I did, it said the government had to sell assets to fund the changeover.
Maybe, but a vote for Romney is a vote for Progressive Taxation.
Romney Tax System = Obama Tax System.
Cain Makes no sense.
In Texas the sales tax is 8 3/4% add to that 9% National sales tax. That is 17 3/4% on food and drink as well as homes and cars and every necessity in life.
Then he wants to Phase this shizzle in. Tax us first on the National sales tax while leaving the present income tax in place and hope to educate “us” that we need to repeal the federal income tax.
Has he addressed the taxation of energy?
I am sorry Herman, You are losing me
NO doubt on that one. Obama lite.
You are fighting so hard for the RINOs and socialists on FR, something tells me you’ll get zotted before the primary season is through.
Funded by what? Cain's plan eliminates taxes that currently fund Social Security and don't replace it with anything that could go towards a retirement program of any kind.
Socialists? What is Hermans “inner city empowerment zones” about?
If it were coming from a RAT candidate, I would be skeptical. I am confident that Congress, the electorate as a whole, and soon the office of the POTUS has moved far enough to the right that it is a reasonable expectation to implement a new plan successfully.
I tell ya what.
9% national sales tax on top of state sales tax will screw everyone on a fixed income.
It will screw everyone period.
It will drive the economy underground.
So, you believe tax and spend politicians, the kind who’ve never seen a tax they didn’t like or a dollar they didn’t want to spend, are going to just up and legislate away the income tax????
Politicians are the devil.
Go read about the Chilean system. It is funded by personal contributions to individual accounts. 10% to 15% is expected to be saved for your own retirement. Your accounts are paid by ..........
wait for it .........
wait for it.........
YOURSELF! What a novel and simple concept.
The blue is the actual growth of the number of voters that pay zero in income tax over the past 25 years. The red is the projected growth based on the growth rate from 1984-2008 (it does not even take into account the fact that Obama accelerated the pace, so it's a conservative estimate).
The fact is, the tax plans being offered by all of the GOP candidates will add people to the non-taxpaying voter roles. We're at 47% now, what will the country be like it hits 55% or 60%? Just look at the Occupy-Wall-Street crowd to see the answer.
Herman Cain's 9-9-9 plan is the only one that deals with this problem and rolls back the number of non-taxpaying voters.
I notice that you are from Costa Rica. Well, I’m a born and bred Texan and have lived in Texas for most of my life.
I can tell you from first hand experience, Perry is NOT always a conservative.
He’s done some things right, but he’s done a lot of things wrong, too. The worst thing he tried to do IMHO, was to try to divide the state in half from north to south with his proposal for a gargantuan highway which would have put hundreds of thousands of people out of work, and taken their land. Thank God that proposal was voted down.
Of course there the Gardasil thingee that I’m sure you are aware of.........
But the thing that right now bugs me the worst if his proposals for the illegal aliens inhabiting Texas right now. I don’t have the answer to that problem, but I know the answer is NOT anything he has proposed........
I have given up on that battle about the VAT. There is no way they are going to learn the difference.
9% national sales tax on top of state sales tax will screw everyone on a fixed income. It will screw everyone period.
It will drive the economy underground.
How so? I pay 30% federal tax currently. 9% tax plus 9% sales tax on top of existing state and local sales taxes would still save me 12%.
It would force the lower income levels to actually pay some taxes - which they do not do currently. What is wrong with an expectation that all citizens have some skin in the game?
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