[Huck]

That's correct. 9-9-9 is a sales tax and a VAT. By eliminating the business deduction for salaries and wages, he's basically imposing a 9% tax on salaries and wages. That's a VAT.

9-9-9 is a corporate tax, a sales tax, an income tax AND a VAT tax. And this is who the Taxed Enough Already party supports? Laughable.

[perfect_rovian_storm]

You and this asshat at NRO calling this a VAT doesn’t make it so.

[xzins]

So you are calling the 9% corporate tax a sales tax on wages? Is that right?

A corporate tax is generally assumed to be on the profits made by a company. Profits are considered to be gross revenues minus gross expenses. One of the expenses has always been wages. I agree with that. I think wages are a business expense.

Instead, Cain is viewing profit as including wages/benefits. I guess he could be thinking that it’s discretionary money...especially in terms of huge executive bonuses...but I don’t see how a company can thrive without workers. Do you?

It would definitely penalize a company for over-hiring.

It would also cause very few companies to unionize with their far higher wages.

[johncocktoasten]

Wages and salaries are an investment in the business which is not taxed. Go back to playing bass and paroling felons.