Think of the bureaucracy needed to monitor, administer, decide who gets to be, decide what the criteria is for these “zones” whose purpose will be to encourage your job to move to places like Detroit.
insane.
......
The 999/909 plan should die, just on the idea of a new federal tax monstrosity alone.
......
If Cain says he’d sign a flat tax from Congress, then he’d be the perfect candidate.
He’s lost me. Everyone in this country should have a stake in the game, even if it’s only $10.00 a year.
Yes; caving to the pressure of losing the "poor" vote, he is tap-dancing. I recognize that low income makes it tough to survive, but, didn't he also say that "if you don't like being low income, look in the mirror"? (or words to that effect)
4th Generation Welfare recipients are NOT gonna vote anything but (D) anyway, and amending his ideas to patronize them by allowing them to afford themselves of existence and benefits of OTHERS is NOT a goo plan at all.
There is NO Conservative Candidate left in the race for the Republicans, for me.
So what happens when you start to earn a few dollars over the poverty level, do just those additional dollars get taxed, or do suddenly get a whammy of a tax on the whole thing?
And if you don’t get a whammy of a tax on the whole thing, does that mean the first poverty-level of income is exempt from the 9% for everyone?
In both cases, I do believe his impact analyses have to be changed to reflect this, no?
BAD Decision.
The poor need some “skin in the game.” They need to pay their fair share.
Math man has added a 9. Do the math.
9,9-9,9
You just lost me, Herman. I ain’t voting to let bums off of the hook, as usual.
Beatles "Let it Be". "One After 909". Circa 1970 album./p>
Yep the first $20K is not taxed....always has been that way so why the surprise?
I’ve been saying this from day one, that the 47% who pay no fed income tax would never give up that status. So much for, “skin in the game”.
I’ll still vote for Cain.
Also the same “poor” will get some sort of “rebate” or “refund” on the 9% sales tax. Skin in the game? HAH!
Herman just lost me.
What I liked about 999 was that it got that 47% who currently pay NO income tax to at least start shelling out some. Even if it’s a measly 9%, it re-engages them with some skin in the game.
See? Even Herman Cain is already providing adaptation of his sales tax based on purchaser and/or location. So it begins...
Oh brother, That’s the problem!
The lower income levels don’t have any “skin in the game” and don’t understand/care if taxes go up or down. They just want more freebies. They must pay something, even if it’s a $1.00 a week.
I don't think so.
Cain simply made clear that those under a certain income level would end up paying no income tax. So for them the plan would be 909.
Many have argued that 999 could never pass because it "hurts the poor" and "makes poor people pay income taxes."
Now what will they argue?
Looks like Herman is tweaking at least two major issues today. Taxes and abortion.
First it was 999. Now its 909, or 999/909! LOL What’s next week?
Enough already, Herman. Go with the flat tax. The fair tax is a dog.
This 9-9-9 thing has got to go. Any tax system which can be tweaked and generally f***ed around with will in short order expand beyond reason.
10% flat tax...AT MOST, with no witholding.
Brother Herman needs to stop this thinking out loud stuff.
He sounds like a female, changing his mind a couple of times a day... at least.
BTW, while I don’t think it’s any surprise that there would be an income exclusion or standard deduction for an amount at or below the poverty level, if people want to “blame” someone for this, they ought to considering blaming Michele Bachmann.
While I appreciate all Bachmann has done for the conservative movement, her pathetic wailing that 999 with “hurt the poor the most” had to not only get on Cain’s last nerve (as he said in an interview), but it had to make conservatives seriously trying to get major tax reform passed shake their heads and think:
“Good grief. If we’re going to end up taking such potshots from people such as Bachmann on the Right, who supposedly is really in sync with the Tea Party, we have no choice but to parlay to fend off her criticism that only energizes the Left.”
Really: when you have one of the candidates running as an ultra-conservative start wailing Lefty talking points — this “hurts the poor the most”??, with no understanding of how the poor and ALL of us are helped by 999 — what are you supposed to do? Let that stand, and let Bachmann’s ill-advised and ill-founded debate zingers get entrenched and sink the entire effort?
Thanks, Michele. NOT.
This would be a disincentive to work. Bummer.