I did'nt know that he/she favored the abolition of the IRS...
Posted on 10/08/2011 5:48:00 PM PDT by SeekAndFind
Forget Herman Cain’s 9-9-9 plan. Rival GOP presidential candidate Rick Santorum said on Friday that solving the country’s economic woes is all about 0-0-0.
At a gathering of social conservatives in Washington, Santorum took a swipe at fellow Republican contender Cain’s 9-9-9 economic plan, saying “I have a better plan.”
The former Pennsylvania senator’s solution is to have zero income tax on manufacturing companies, zero taxes on repatriated corporate profits that are invested in manufacturing equipment and zero Obama-era regulations.
“One of the great problems in our economy, if you look at it… is the middle of America has started to disappear – the middle income of America,” Santorum said. “Why? Because the manufacturing jobs in America have disappeared.”
Santorum said his 0-0-0 plan would “reignite” America’s economy by stimulating growth in the manufacturing sector. Cain’s 9-9-9 plan would amount to a complete overhaul of the tax code by instituting a 9 percent flat personal income tax, a 9 percent sales tax and a 9 percent corporate income tax.
When it came to national security, Santorum threw an apparent elbow at another GOP candidate, Texas Gov. Rick Perry, who gave a rambling answer when he was asked at a recent debate how he would respond to a 3 a.m. national emergency call.
“When that phone call comes at 3 in the morning, ladies and gentlemen, I will be up and waiting for the call because I will know what is going on in the world around us and they won’t have to get me out of bed,” Santorum said.
(Excerpt) Read more at abcnews.go.com ...
So what about income taxes on the average guy?
santorum should have kept his u.s. senate seat if he wanted to be counted seriously.
Did you hear that Obama is going to turn Herman Cain’s 9-9-9 Plan upside down? Obama’s calling it the “6-6-6” Plan.
4 later
Obama is probably more comfortable with that number!
This is good. I am very interested in Cain and if I had to vote today, I would vote for him. But having people question his ideas and such is good. He needs to be challenged. We need to see him challenged before the general election.
RE: There is only one candidate who is advocating the abolition of the IRS and elimination of the income tax (that I am aware of).
NAMES, WE WANT NAMES.
I think he means RuPaul.
That’s a pretty accurate description of him. Even though he absolutely destroyed Bob Casey in a debate on Meet the Press, he still fell in the polls because he come across so smarmy.
Rick who? I’m sorry, I thought it may have been a statement by someone with a grain of relevance.
I like that Cain is committed to radical tax reform, but I hope he is not married to the 9-9-9 plan. There are better options, in my opinion, that do not require as much government intrusion for enforcement.
1. FairTax -- no Federal intrusion on income sources, no influence on income strategy
2. Reverse Revenue Sharing -- no Federal enforcement of individuals
Paul promises the world knowing full well that he’ll never be in a position to deliver anyway.
Actually I like the fact that Bachmann isn’t committing to massive tax cuts, instead focusing on spending cuts first. She does hint at some big spending cuts with things like working to do away with the department of education.
Between Cain, Santorum, and Bachmann we could get some serious work done on the taxation and spending front.
Isn’t that what the Tue. debate by Bloomberg will be about?
maybe that’s why every time I see him on a debate I keep thinking a couple of the other guys are going to give him a wedgie during a commercial break ;-)
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