Teals_Of_Wonder
Rookie
- Banned
- #161
ok,,,what if Cain upgrades the plan to a 9.5.6. Plan? would that help?Destroy the economy? Simple! Institute the 9-9-9 plan! That should cripple consumer spending the way polio crippled kids in the middle of the 20th century!
It cuts the marginal tax rate from 36% for the wealthiest to 9%! It makes for an instant 9% increase in the cost of living for each and every American as well as throws the biggest wettest blanket possible over consumer spending by placing a 9% national sales tax on the books. Then, those who struggle the most will have to pay 9% income tax when before, they were given tax credits and deductions for mortgage interest payments and child care.
Yup! If you want to destroy the economy, look no further than Herman "my pizza's cold AGAIN!" Cain!