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A simple question about the 999 plan.

Posted on 10/18/2011 1:36:16 PM PDT by TLittlefella

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To: pkajj

No because if we can pass this it will be passed with the requirement that it needs 2/3’s to change the law to make it higher.I like the plan 9% is less than what is with held for us weekly.


21 posted on 10/18/2011 2:27:29 PM PDT by chris_bdba
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To: Longbow1969

It isn’t it’s own separate retirement account now so how would this change? The collection is separate but it goes into the general fund and then benefits are paid out.


22 posted on 10/18/2011 2:29:22 PM PDT by chris_bdba
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To: Marie

I believe we have an echo in here.....;)


23 posted on 10/18/2011 2:30:51 PM PDT by chris_bdba
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To: pkajj

Your “Single flat rate of 17%” would quickly spin out of control and become 97%!


24 posted on 10/18/2011 2:45:30 PM PDT by Da Bilge Troll (Defeatism is not a winning strategy!)
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To: pkajj

I also have no problem with a flat tax on income. I was simply disputing the straw man argument that sales tax is dangerous in Pelosi’s hands. Every freaking tax is dangerous in Pelosi’s hand!

My point is sales tax is the most visible tax which people see every time they buy anything. Ask 10 friends and family of yours what is the percent tax they pay on income, social security, medicare, and sales tax at the stores. You will be surprised at the results. Being the most visible tax, sales tax is the hardest for politicians to sneak through. My wife will not shop in a nearby mall because their sales tax is 0.25% higher than our town. But she has no idea what we pay each year in percentage terms to IRS.


25 posted on 10/18/2011 2:51:37 PM PDT by federal__reserve (Economy on life support needs a revolutionary tax plan, not fiddle around the edges!)
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To: pkajj

The next thing you know Herman Cain’s 9-9-9 plan will morph into 19-19-19.


And because ALL Americans will be TAXPAYERS, all those who voted for it can be assured of losing their jobs, and the proper rates restored.

THIS is the beauty of the 999 plan (or any national sales tax tied to the other taxes): it makes even low-income liberal voters into spending hawks.


26 posted on 10/18/2011 2:56:53 PM PDT by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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