Skip to comments.Herman Cain says poor won’t pay ’9-9-9 income tax
Posted on 10/21/2011 12:29:30 PM PDT by Evil Slayer
Republican presidential candidate Herman Cain said on Friday that poor Americans will not have to pay the 9 percent flat income tax under his now-famous 9-9-9 tax reform plan.
During a speech in front of a vacant train depot in Detroit, the former Godfathers Pizza CEO staunchly defended his signature tax proposal from critics who say it will raise taxes for lower-income Americans.
Cains plan would throw out the current tax system in favor of a 9 percent corporate tax, a 9 percent income tax and a new 9 percent national sales tax.
He said Friday that poor people under his plan would be exempt from paying the income tax.
If youre at or below the poverty level, your plan isnt 9-9-9, Cain said. Its 9-0-9.
The former pizza executive also unveiled his proposal on Friday for opportunity zones to help renew distressed inner cities. His proposal includes offering tax exemptions to businesses that invest in these zones.
(Excerpt) Read more at dailycaller.com ...
The House is the SOLE writer of our tax codes; GOD help us.
Then it goes to the Senate.
Then, once the two Houses play around with it all, the final BILL goes to the president.
There was NEVER the slightest possibility that this screwed up, badly thought out, even worse "explained", by Cain, himself, POS daydream for the terminally gullible, was going to become the law of the land. And Cain's"promise" that none of the taxes would ever go up, is simply a lie.
Exactly! The poor need to pay their “fair share!”
Wrong. He changed that one a couple days ago to 333 in the ghetto zones. Now I guess it will be 303 there. Who knows what it will be tommorow in this ‘make it up as you go’ “Plan”.
Come on learn how to take a joke, the 9-9-9 was a joke and now the serious tax plan is coming from the joker Cain, and then that serious tax plan would be a joke as well and another serious plan would come after rinse, repeat, etc The important thing is that America needs to learn how to take a joke. Now let us all chant, Hermintor, Herminator, Herminator, Pizza, Pizza, Pizza, 9-9-9, 9-0-9, 19-14-14, 22-17-19,
Cain has NO idea how to run for an elected office,now, and obviously he didn't, when he lost his primary to run for the Senate.
He isn't an economist and even though he ran businesses, that doesn't mean that he understands HOW our government works. And his advisers aren't do him any favors.
He doesn't even understand this plan and can't explain it, nor even do anything but backtrack on everything he says.
I'm sure that he is a nice man, but he should NOT be running for president;especially since he is so damned unprepared in so many different topics!
NO he didn’t.
He’s shockingly less ready than most assumed.
Once he finishes fine tuning it we will have essentially the same income tax plan we now have along with with a new sales tax to boot!
Stay away from it and concentrate on cutting spending instead of catchy named new tax plans to collect more taxes.
I swear some of you people just are dumb. How are you going to win an election with ads saying your going to raise taxes on the poor. We all still get 9/9/9 and we all still get a better tax system. The idea is for people to pay less in taxes
You guys are willing to throw this tax plan out the window because those who don’t pay taxes still won’t pay income tax but are still paying a sales tax. The idea is to eliminate the income tax anyway
Them not paying hurts you in no way and you still pay much less...you guys sound like liberals saying you want people to pay more in taxes.
I swear today the site is filled with dunces who don’t know how to win an election!
Rick Santorum’s idea is better: “What’s wrong with 0-0-0?”
There are exemptions, now, for "the poor", vis-a-vis the income tax AND the sales tax AND for businesses who are willing to open businesses in places like DETROIT....not just in all "poor" areas.
Do try, please, to keep up.
When you keep on exempting more and more people, someone/s have to make up the slack! Guess WHO that will be?
And no, even by lowering taxes on some things, the ADDITION of a new tax, will more than make up for what you imagine you will "save".....IF it could even get passed in the first place, which it couldn't.
Pass Balanced Amendment and
Repeal 16th Amendment (or just not implement it anymore). Abolish all income taxes and payroll taxes. Establish 25% National Sales tax. Government can supplement revenue by putting tariffs on countries that are now ripping us off.
Pass Balanced Amendment and
Straight Flat tax; no deductions, no execeptions (rate I dunno...10%?), Abolish all other taxes except for tariffs which I think we should use more anyhow.
There I fixed everything.
See this is the stupid type of remark I’m talking about no 9/9/9 will not turn into the 40% income tax we have now. Your just throwing straw man arguments
Like I said if you get 9/9/9 and some other people get 9/0/9 or 3/3/3 how is it not a better plan than what we have now
You know the opinions here don’t matter anyway it’s such a small percentage of the people who actually vote I don’t know why I’m wasting my time explaining it. We all hated McCain back in 08 and he still got the nomination and now it’s because too many of our kind are so damn picky we end up with crappy candidates that we throw out perfectly good conservatives over a small trivial issue
I’m beyond angry with freerepublic today and I wish Rush Limbaugh could point out how stupid a lot of you are acting today
Alright have fun losing with Romney you reap what you sow you picky bastards
Not good. Everyone needs to pay the same percentage of income. If he’s backing down, I’m off the Cain Train.
I won't vote for Romney in the primary,nor in the general election, as he wouldn't be any better than Obama, if he could beat him.....which he can't.
Face it.........we have a lousy field and Cain, though probably a good man, shouldn't be trying to run for president. He keeps on having to backtrack on things he says and this 9-9-9 plan stunk on ice from the beginning. And now, the plan is just getting worse and worse. Heck, even one of the guys who wrote it is now backing away from it and Cain has NO idea what it actually is, nor how to explain and "sell" it.
This is disappointing. His plan seems like it is morphing into just another redistribution scheme?
Otherwise, is he attempting to appeal to Obama voters???
Actually it’s just another nine by the math major.
Another thing I don’t see anybody bashing Reagan for the earned income tax credit
I apologize if I sounded harsh earlier I just get passionate and I hate seeing you guys bash good conservatives
I don’t watch Herman Cain when he first speaks anymore. I’ve given up trusting my ears. Now, I wait 24 to 48 hours for his clarification. It is much easier that way.
(I’ve been supporting him, but his “misstatements” and lack of organization are starting to give me doubts.)
Here we go again. The beginning of the list of “exemptions.” I guess it’s “compassionate conservatism.”
Don’t worry about it. Most of us here are trying to get it together. Better for we conservatives to hash out our differences now, than let them fester until the general election.
Are you sure that your tax bite will go down? Don't be so sure of that!
The one thing this plan had going for it was simplicity and fairness. Now it's a malleable concept which would be manipulated at politicians whim to buy votes just like what we already have.
I swear the more cynical part of me thinks conservatives will buy into ideas that would never be bought into if they think a conservative is selling it and that we are seeing the first attempt to conned into something here on that notion--
Should have kept it 9-9-9 and exempted grocery purchases w/o regard to income. Stop reacting, Herman. Gloom
Last Friday Cain gave an interview to CNN and in response to a question on affirmative action Cain said he
didn’t believe in mandatory affirmative action
and then outlined his program which sounded like a taxation affirmative action.
Or buying votes from blacks.
Cain said that unemployed black Americans living in the most economically depressed areas ,
like Detroit , would pay less than 9-9-9.
Cain had been calling them empowerment zones , I don’t know what he is calling it this week.
Cain said they were still working out the details .
“ Instead of in a designated empowerment zone, it being 9-9-9,
it could be, as an example
“What this does, because you have a lot of African-Americans located in cities like Detroit,
.........youre going to pay a smaller percentage in taxes.
Jonathan Karl reported on this for World News this past Monday.
In another unconventional move for a Republican,
Cains aides tell me hes going to make a direct appeal
for African American votes,
unveiling a plan later
this week to help inner city poor.
A plan , I am told , that will include tax rates even lower
than 9 9 9.
Setting the stage for Myth Romney to take the nomination. Why, Hermann, Why!!!!!!
It’s nothing like what is being portrayed on this thread.
There is a better discussion here, including the text of the plan:
What I like is that to qualify for the income tax cut, the area has to be right to work, and have school vouchers. That is a stake in the heart of the democrat stronghold - unions and education. I think it’s genius
You know that congress would never raise the rate beyond 9% because.....?
Once he is all the way there, then he will have something he can really run on.
Keep it simple — “I’ll cut taxes and cut federal spending — beginning with the phony baloney Obamacare, and give a colonoscopy to the Obama administration’s money laundering operations like Solyndra.” Thanks Evil Slayer.
OMG did you really just say that seriosuly?
Your 'employer' does not pay it. YOU pay it.
What difference would it make if he gave you all 15% first, and then you sent it all in?
If your employer pays you a salary of 100 dollars then it costs him 107.50 dollars to hire you. He could give you all 107.50 dollars and you could send it in, and it would cost him exactly the same.
The actual money, however, comes out of the employer's pocket. It is part of the gross, and the employer deducts that amount on the 941 from the gross, prior to calculating income.
It is the same with "raising taxes on the rich". Simply put, there is less of them, but the money comes from their customers, yes, everyone else. It simply shifts the "blame" in raised costs to the rich, rather than where they should be, the congress.
The more Cain talks the less I like him.
If your employer hires you at 100K per year, what does it COST him?
What difference does it make if he gives you 100K and gives 7K to the government, or pays you ALL the 107K and you sending it ALL to the government yourself? Or it would be like giving you a salary of 93K and him sending in 15K to the govt...
The bottom line is that when you get a job, what is the COST to the employer- it is ALL the expenses of hiring you including health insurances, etc.
The difference is that if the employee was made to pay the whole amount, the employee would be more conscious of the total amount he is being robbed of, rather than think of the feds as benevolent in making the employer match the employee's "contribution."
The whole scam with the feds is about raising more cash. Only they wish to "hit" the employer, not the employee, because there are less of them that vote.
It still comes out of the sweat of the population at large.
Same with the minimum wage. The feds are not looking out for the poor employee who is "living on crumbs." They want to increase the wages, because then they get more "contribution" from the employee and employer, as well as more votes.
The slower ones think they are getting taken care of by the feds, but the net to their pocket is but a fraction, while their withheld and employer matching increase at a steeper rate.
Regards whose money it is, what the employer pays (in the private sector) is what he can get the job done for. He then adjusts the wage as needed to keep those who are productive, and not give raises to those who are not, if not let go.
The employer's contribution is part of the cost of doing business, because the govt forces the employer to match the funds. If the government were to lift those requirements, some employees may get that amount added to their take home, some may not.
It is the employer's decision, not the employee, because it is the employer's money. Even though the employee was the one who may gave generated the money, he never gets back what he puts in, as an employee. The employee will usually generate two to three times the actual paycheck. The private sector employer makes a deal with the private sector employee. This much money for this much work.
He then must reach into his pocket (the employer) to match what the feds demand he withholds from the employee.
ummm dude- you are arguing MY point.
Instead of re-distributing the wealth, maybe we should be re-distributing the tax burden.
Read about employer taxes. Which they are also able to deduct as an expense.
Rather than going to the supply side for the solution how about attacking the demand side. Just pass a federal law that makes it a federal crime for anyone who is currently receiving, or has received, federal money in the past 4 years, to vote. and make vote fraud (at any level) a federal offense punishable by summary execution.