9-9-9

[Robert A. Green]

INVESTING | 10/17/2011 @ 8:56AM |24,601 views

Congress Would Say 'Nein, Nein, Nein' To Cain's 9-9-9 Tax Plan

Robert A. Green, CPA, Contributor

http://www.forbes.com/sites/greatsp...d-say-nein-nein-nein-to-cains-9-9-9-tax-plan/

It was most popular on Forbes Monday. Took some flak in comments.

 

[BSAM]

Quote from Grandluxe:

Cain proposes that a two-thirds vote be required to raise rates.

This is more grand news.
And if they were even able to get a 2/3s vote, we would know who the culprits are!!!
Total transparency on a transparent tax system.
Wow!
Am I dreaming, or is this really part of the national dialogue right now???

 

[BSAM]

Quote from Robert A. Green:

INVESTING | 10/17/2011 @ 8:56AM |24,601 views

Congress Would Say 'Nein, Nein, Nein' To Cain's 9-9-9 Tax Plan

Robert A. Green, CPA, Contributor

http://www.forbes.com/sites/greatsp...d-say-nein-nein-nein-to-cains-9-9-9-tax-plan/

It was most popular on Forbes Monday. Took some flak in comments.

Oh man, I'm so surprised that a CPA would say this about Cain's plan.
I'm sure you're a bright dude, Robert.
You'll find steady work.

 

[Free Thinker]

Quote from BSAM:

What trader, in his right mind, could possibly be against Herman Cain???

possibly one who doesnt only think about himself. maybe one who realizes that the government needs a certian amount of money to function and if you give the rich a pass they will have to move down the income scale to those who can least afford it. maybe even one who understands that putting a 17% tax on sales will kill final demand for everything but necessities.

in any case i will offer this prayer. please dear jesus make herman cain the republican candidate. amen.

 

[jprad]

Quote from Free Thinker:

in any case i will offer this prayer. please dear jesus make herman cain the republican candidate. amen.

It says a lot about how pathetic the current sitting POTUS is when one of his supporters feels that divine intervention is needed to deliver a bigger fool for an opponent.

 

[dumb_mother]

it's amazing how hard it is for the 50% of people in america who do not pay taxes to even imagine the fact that they might have to pay taxes for all of the benefits they get. it would make me laugh if i wasn't part of the other 50% that actually does pay taxes and views the other half as freeloaders.

 

[bigarrow]

The working other half in many cases do pay taxes, employment taxes. Which is part of the 9 in Cain's plan.

 

[dumb_mother]

Quote from bigarrow:

The working other half in many cases do pay taxes, employment taxes. Which is part of the 9 in Cain's plan.

not correct- or should i say "WRONG"

cain cuts all federal employment taxes to 0%- learn to read my red-headed step-child

if your state taxes you.. well that's apples to oranges- learn your fruits in that case

 

[jprad]

Quote from dumb_mother:

it's amazing how hard it is for the 50% of people in america who do not pay taxes to even imagine the fact that they might have to pay taxes for all of the benefits they get. it would make me laugh if i wasn't part of the other 50% that actually does pay taxes and views the other half as freeloaders.

It's amazing how many people think that income tax is necessary and that the revenue from said taxes actually pays for any of their "benefits" which, are also not necessary.

 

[Free Thinker]

Quote from dumb_mother:

it's amazing how hard it is for the 50% of people in america who do not pay taxes to even imagine the fact that they might have to pay taxes for all of the benefits they get. it would make me laugh if i wasn't part of the other 50% that actually does pay taxes and views the other half as freeloaders.

the poor and the billionaires pay the exact same federal income tax at the bracket.