ALL foreign aid, should be given as vouchers to purchase US made goods only.... Corporations should be given a window of substantially lowered tax rates on foreign earnings repatriated into the US. at the same time the tax rate should be increased on corporate earnings overseas and longer term tax breaks given to Companies that relocate overseas businesses back into the US.
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9-9-9
- Thread starter chaosclarity
- Start date
ALL foreign aid, should be given as vouchers to purchase US made goods only.... Corporations should be given a window of substantially lowered tax rates on foreign earnings repatriated into the US. at the same time the tax rate should be increased on corporate earnings overseas and longer term tax breaks given to Companies that relocate overseas businesses back into the US.
Quote from Wallet:
ALL foreign aid, should be given as vouchers to purchase US made goods only.... Corporations should be given a window of substantially lowered tax rates on foreign earnings repatriated into the US. at the same time the tax rate should be increased on corporate earnings overseas and loner term tax breaks given to Companies that relocate overseas businesses back into the US.
Yes, all great ideas, and part of what should happen. I don't hear anyone echoing this at all. I think everyone agrees that JOBS would solve a lot. Well, let's do something meaningful about it. Are there any candidates out there touting this ????????????
Quote from Wallet:
ALL foreign aid, should be given as vouchers to purchase US made goods only....
That's just another form of corporate welfare.
If you want to help, help.
If you want to promote domestic industry, do it with tariffs.
It makes zero sense to put restrictions on foreign aide with the goal of helping US companies while suicidal, irrational trade policies like MFN for China remain in place.
I'm a Ron Paul guy. I like Ron's bluntness and ideas. However, Cain has caught my attention. He as achieved a lot, he is straight forward and his Economic Plan seems to be a wise one. I have not crunched all the numbers myself, but I have not read a lot that can discredited him on the 9 9 9 plan, other than the idiot Bachman who said "Turn it Upside Down". She is still stuck in the Dogma wised tail of the the number of the best being 666, fucking idiot.
how is Cains plan going to eliminate the IRS as we know it? They still have to deal with the 9% income tax just like they always do. Changing a rate and eliminating deductions will not eliminate the IRS or even change it.Quote from BSAM:
All you people who seem so opposed to Cain's 999 plan and the elimination of the IRS (as we know it); are you happy with the current tax code and are you satisfied that it is not rife with corruption?
yeah but he's not talking 9% sales tax he's talking 9+9+9Quote from Wallet:
And the best argument for scraping all income/ss/med tax and going to a general new retail/service sales tax only; exempting, prescription drugs and whole foods. I don't see minimum wage earners going out and buying a 30K new car.
Their basic foods, prescriptions and purchases on used goods would be tax free.
no matter what the tax code I can figure a way around it. I'm pretty sure I could manufacture a brand new used vehicle.Quote from Wallet:
There's such a thing as a manufacturer's statement of origin, MSO. New vehicles are given such in lieu of a Title, the MSO can be transferred only between New Car Dealers that share the vehicles make, i.e wholesale....... once the vehicle is sold outside those parameters the MSO has to be surrendered and replaced by a State Title showing ownership or a retail purchase. you'd tax it then.
I guess you love the existing IRS tax code by your lame debates