WatertheTree
Senior Member
- Sep 9, 2011
- 1,804
- 171
- 48
If Herman Cain wins the Republican nomination for President the demoRats will have to stop saying "they just want the black guy out of the WH." Then what can they say? We need a contingency plan.??? Suggestions being taken.
Herman Cain wont win. He is just being promoted by the media right now because its obvious that mitts a lozer, Perry is going down in flames (will be lucky to continue to hold office in tx) and Ron Paul is the front runner.
Of course Ron Paul aims to immeadiatly starve the crony hogs so anyone other then him is better. Lets go with mister 9-9-9 what a freaking joke. Clearly none has given consideration to what 9-9-9 will do to the economy.
What exactly wil 9 9 9 do to the economy?
999 looks alot like 666
I dont like it, and if it passes that will be the end of peacefull resolution. And ill tell you why:
9% sales tax + state and local sales taxes. I am already at 7.3, so now were going to jump it up to 16.3% On a 150,000 dollar house that comes to 174,500. Thats right, 24,500 dollars in taxes. Average trip to the grocery store? 20 Dollars in taxes. This will also destroy any business that 'fuels the economy' by having a lower profit margin and supplying real goods and services. Were talking about small business here, not say jp morgan who contributes squate to reap in huge mountians of profit.
9% corporate income tax. Agian, this will destroy every business trying to survive. Business is like people to, in that if you dont make any money you dont pay any tax. So for business not making any money, or very little, its actually a 9% decrease in gross profits. Anyone should be able to see where this is going. What will big business do? Just continue to hide profits and move operations oversea's. Corporate power considers government rather weak, considering they have the rights of a human being but have an army of attorneys.
9% Personel income tax. This tax and sales tax are the only two that are going to generate any income whatsoever to the government. And both will destroy the weak and embolden the strong. The poor will suddenly see a 9% decrease in gross income, while seeing a 9% increase in prices. Ofcourse they dont have the money for this, so more will be on foodstamps, and housing assistance, and so on. The rich will bask in wealth because they spend only a teeny tiny fraction of income back into the system and they will continue to do as they always have. So while the poor and middle class and dumping up to 18% of what they dont have, corporate power will pay almost nothing, and the wealthy will pay only slightly more.
The only way to fiscal freedom is with fiscal responsability. This idea that we need a government that manages and regulates everything is insane, especially when the price is considered. I like Ron Pauls plan, the one where the income tax system just goes away to be replaced with nothing! Paid for with spending reduction and huge increases in freedom!