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9-9-9
- Thread starter chaosclarity
- Start date
Quote from BSAM:
Thank you, Lucias, for stepping up with a plan, rather than just trying to trash 999.
How 'bout you others?
What's your plan?
Or, is your only "plan" to knock down Cain's 999 plan?
I agree... need more plans. The problem is, at least from what I've encountered over the years (decades, LOL)... is that we are either not privvy to, or cannot trust, the actual numbers to use in the analysis.
We hear 1% pay 40% of the taxes, well that makes since if they're making 95% of the money of course.
I would like to see the actual break down, by current income tax brackets, related to the person's actual (overall) income. For example, the 'nominal' rate is somewhat accurate, but not in many cases. FICA earnings are valid for 90% of the U.S. (my guess anyway), but for those who "max out" then everything gets skewed.
I think money earned above a certain minimum should be taxed, and have a sliding scale (similar to what we are "supposed" to have now), but the problem is that as you make more money, you have fewer expenes... pay cash for houses vs. 50% going to interest, as a good example... regardless of whether it counts as a write-off or not. We pre-pay, or pay in full most of our expenses, thus saving a fortune on "penalties" and other charges.. etc.
Any good numbers would be appreciated.
Don
Quote from BSAM:
Random.Capital...
Herman Cain has his ideas.
I'm still waiting to hear them. His unwillingness (inability?) to provide concrete details is not exactly confidence inspiring. To be perfectly frank, the previous poster who said this sounds like a pizza marketing plan seems closest to the truth of the reality at this point.
why didn't you just title your thread "999 Positive Comments Only Please"Quote from BSAM:
Thank you, Lucias, for stepping up with a plan, rather than just trying to trash 999.
How 'bout you others?
What's your plan?
Or, is your only "plan" to knock down Cain's 999 plan?
20 pages of discussion on 999 Taxes and Cain and anyone who doesn't share your view is now accused of just "knocking down" and "trashing."
For someone who loves it so much you don't do a very good job of explaining it or defending it. Or for that matter understanding it or the arguments against it.
Quote from oldtime:
well, I don't agree, IMHO, the only fair tax is an income tax
An income tax that is progressive with no deductions permitted would be fair.
But, that's not what we have. No one can call a tax system fair when you can find two people bringing home the same exact income but not paying the same exact income tax.
Or worse, when you have corporations generating billions in net revenue and paying zero taxes.
your asking the mob to police themselves,they have to be fired,arrested,jailed,tarred and feathered and chased out of town,huckstersQuote from oldtime:
A consumption tax is regressive, no doubt about it. I just wish someone advocating it would stand up and say, "So we just need to reduce Government and spending down to a level that even a poor person can afford."
my point is, taxes are so high that the poor can't pay them. If you want to broaden the base with a consumption tax, make it so low that the little guy can pay it, and to do that you need to reduce spending dramatically.Quote from ammo:
your asking the mob to police themselves,they have to be fired,arrested,jailed,tarred and feathered and chased out of town,hucksters
A defense contractor needs lots of tax dollars to make a profit. And many other big corps need lots of gov spending to pave the way for their profits.
So either lay off the little guy with your consumption tax, or make sure 50% are exempt, or reduce government to the size that everybody can afford it and feel just how painful it is when spending goes up and taxes go up.
Quote from oldtime:
why didn't you just title your thread "999 Positive Comments Only Please"
20 pages of discussion on 999 Taxes and Cain and anyone who doesn't share your view is now accused of just "knocking down" and "trashing."
For someone who loves it so much you don't do a very good job of explaining it or defending it. Or for that matter understanding it or the arguments against it.
Dude, do you drink a lot?
This ain't my thread.
Looks more like around 42 pages to me.
What is so hard to understand about "999"?
Gee whiz, did you graduate from the 4th grade?