Or perhaps because it can reduce demand for goods. If 9% goes to the government then that's 9% you don't spend on goods and services in the private sector. Cut demand by 9% and what does that do for business?
All taxes reduce potential spending in the private sector. We are going to pay taxes. It's just a question of at what rate and how will they be assessed.
If this 9% sales tax represents an effective drop in consumer's overall tax burden, then consumers will have MORE to spend in the private sector.
And, again, Libs do not want the federal government dependent upon this kind of tax revenue precisely because it gives too much power to the consumer to directly and efficiently pull back on the money flow when they disagree with how the government is using their money.
I did the math on an average family here. Unless you can point out where I'm nmaking a mistake, then for most of the people who pay no income tax but instead pay only FICA, the 9-9-9 plan will more than double their taxes. If you're one of those then why would you support a candidate who promises to do that?
All taxes reduce potential spending in the private sector. We are going to pay taxes. It's just a question of at what rate and how will they be assessed.
That's correct. Can we agree that the more you pay in taxes then the less you have to spend on other things? And that if your taxes go up by X% then your consumption of other goods will almost certainly go down by that same percentage?
If this 9% sales tax represents an effective drop in consumer's overall tax burden, then consumers will have MORE to spend in the private sector.
But it doesn't. It represents an increase in most cases.
And, again, Libs do not want the federal government dependent upon this kind of tax revenue precisely because it gives too much power to the consumer to directly and efficiently pull back on the money flow when they disagree with how the government is using their money.
I can't speak of what Libs like or don't like. I just know what I like. And I would not like to see my taxes go up considerably. And if I feel that way then why should any other rational person feel any different? So if we can agree on that then how can Cain win on a plan that would raise taxes for most people?