rightwinger
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- Aug 4, 2009
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Simple question...how will Herman Cain do financially under 9-9-9?
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Herman Cains plan? 9-9-9 For those that hate it
Elaborate? School me....................
What's to elaborate? It's another thoughtless bumper-sticker slogan.
Hardly. You and your ilk are however whats wrong with our system. No discussion, no rebuttle just hate and talking points.
You got no response because your incapable of explaining why it cant work. You got the bumper sticker, nothing more.
Im willing to listen to legitimate arguments and you offer insults
FAIL
I don't 'hate it,' I just think it's a joke.
Even if he somehow wins the nomination and beats Obama
Hardly. You and your ilk are however whats wrong with our system. No discussion, no rebuttle just hate and talking points.
You got no response because your incapable of explaining why it cant work. You got the bumper sticker, nothing more.
Im willing to listen to legitimate arguments and you offer insults
FAIL
How many Americans pay no income tax now? Will 9-9-9 stop that?
To my knowledge in its current form everyone would pay. That needs to be reworked to protect the truely poor from further poverty and hardships
This isnt about leadership its about taxes. Go make your own fucking thread about leadership and get laughed at because Obama is close to the worst leader we have ever had.
and Cain would be better, how?
Oh yeah, he turned a pizza parlor around with marketing slogans.
From something I posted earlier today on another thread:
====================================
The less money a family/individual makes, the higher the tax burden, thanks to the 9% Sales Tax. More and more Middle Class families/individuals are living check-to-check, thanks to flat wades that haven't kept up with inflation for the last three decades. Much of their expendable goes to necessities and many of those necessities would be taxable under Cain's tax plan.
According to the Department of Labor, a "typical average family" uses over 12% of their income for food. Now for simplicity, let's say their household income is the national average of $50,000. So, this family spends $6,000 on food in a year. With the 9% Sales Tax, they'll pay $540 in taxes on their food, that's a little over 1% of their income or now a total tax rate of 10%. A family whose household income of $250,000 also spends $6,000 for food and also pays out an extra $540 in taxes. That translates into .002% of their income, or now a total tax rate of 9.002% That purchase of a basic necessity translated into a almost a full 1% increase in the Middle Class's tax rate. But the wealthy family who is five times richer realized a .002% increase in their tax rate. Equality?
Now typically a family making $250,000 probably spends more on food than the family making $50,000. But to equal the sales tax's effect on their income, the wealthier family would have to spend the unrealistic total of $30,000 on food annually. Unless everyone in the family weighs 400 pounds, that's a whole lot of food.
The wealthy come no where near the spending totals of the Middle Class, when comes to spending as a percentage of their expendable income. Necessities spending makes up a higher percentage of a Middle Classes expendable income than it does for the wealthy.
========================================
And that is what I don't like about 9-9-9! THe Middle Class's total tax rate would be higher than the uber-wealthy's. We actually have Middle Class righties still defending the wealthy, calling on Main Street America to buy cheaper foods,,,like frozen dinners! Yum? And that's healthy? Next, the Middle Class will be asked to eat out of garbage cans!
Nice misrepresentation! The middle classes tax burden would significantly reduce! Does matter at all to u that this plan would create an economic boom? Or that it's really a ore precursor to the fair tax?
From something I posted earlier today on another thread:
====================================
The less money a family/individual makes, the higher the tax burden, thanks to the 9% Sales Tax. More and more Middle Class families/individuals are living check-to-check, thanks to flat wades that haven't kept up with inflation for the last three decades. Much of their expendable goes to necessities and many of those necessities would be taxable under Cain's tax plan.
According to the Department of Labor, a "typical average family" uses over 12% of their income for food. Now for simplicity, let's say their household income is the national average of $50,000. So, this family spends $6,000 on food in a year. With the 9% Sales Tax, they'll pay $540 in taxes on their food, that's a little over 1% of their income or now a total tax rate of 10%. A family whose household income of $250,000 also spends $6,000 for food and also pays out an extra $540 in taxes. That translates into .002% of their income, or now a total tax rate of 9.002% That purchase of a basic necessity translated into a almost a full 1% increase in the Middle Class's tax rate. But the wealthy family who is five times richer realized a .002% increase in their tax rate. Equality?
Now typically a family making $250,000 probably spends more on food than the family making $50,000. But to equal the sales tax's effect on their income, the wealthier family would have to spend the unrealistic total of $30,000 on food annually. Unless everyone in the family weighs 400 pounds, that's a whole lot of food.
The wealthy come no where near the spending totals of the Middle Class, when comes to spending as a percentage of their expendable income. Necessities spending makes up a higher percentage of a Middle Classes expendable income than it does for the wealthy.
========================================
And that is what I don't like about 9-9-9! THe Middle Class's total tax rate would be higher than the uber-wealthy's. We actually have Middle Class righties still defending the wealthy, calling on Main Street America to buy cheaper foods,,,like frozen dinners! Yum? And that's healthy? Next, the Middle Class will be asked to eat out of garbage cans!
Quit shakin' that stink finger...
5 pages and still no coherent dissent from the left beyond its too simple and can't work. You guys are lookin pretty sad.
Form a real argument and hit me with it.
it would be the most regressive tax in history; It wouldn't raise enough revenue; He has not the slightest fucking clue how he would even begin to implement it... et al, et al..