1stAmendguy
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- Aug 16, 2011
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- 1,327
Lol Cain cannot go 20 seconds without saying 9-9-9. I wish they would let him talk the whole time.
The OFFICIAL (10/11/11) Debate Thread! - Bloomberg / WaPo @ Dartmouth
- Thread starter Matt Collins
- Start date
Yep.
Razmear
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- May 21, 2007
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http://www.realclearpolitics.com/authors/rich_lowry/
Rich Lowry is the editor of National Review.
Maybe a differnt one?
Rich Lowry is the editor of National Review.
Maybe a differnt one?
Matt Collins
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Cain’s 9-9-9 Doesn’t Add Up
Cain’s 9-9-9 Doesn’t Add Up
“Paradoxically, then, if you want higher taxes and permanently bigger government, one way to get there would be to support Herman Cain's 999 plan!”
“Cain doesn't get rid of the income tax. Instead, he reforms it. And then he adds a new levy -- a national retail sales tax -- on top of it.”
“No wonder Mr. Cain has fallen back to a two-step strategy: 9% is a teaser rate!”
“But adding a national retail sales tax on top of the federal income tax (even a flat tax) is a bad idea, because it creates the infrastructure for a federal-level, European-style VAT.”
Herman Cain's "999 Plan": The Good, the Bad, and the Ugly 10/06/2011
“The second problem with Cain's plan is more serious than the first. It puts in place the infrastructure for a VAT, a Value Added Tax.”
“Cash-register sales taxes have a habit of evolving into VATs. That's what happened in Europe. And that's undoubtedly what will happen here, if we adopt Cain's plan.”
“And if Cain's 9% personal flat tax failed to remain flat…we would end up with the worst of both worlds: a confiscatory income tax and a job-crushing VAT.”
Herman Cain's "999 Plan": The Good, the Bad, and the Ugly 10/06/2011
“Herman Cain’s bid for the Republican presidential nomination is fueled in part by his proposed U.S. tax code overhaul that tax policy veterans say doesn’t add up.”
“Tax policy experts say Cain’s plan is unrealistic because it presumes that no deductions and exemptions will be permitted, no matter how popular.”
“Either Herman Cain is the tax messiah or is proposing a system that has no correspondence to real-world tax systems,”
“In practice, it will have the same economic effect as a 27 percent uncapped payroll tax.”
Cain’s 9-9-9 Arithmetic Raises Revenue Generation Questions 10/05/2011
Cain’s 9-9-9 Doesn’t Add Up
“Paradoxically, then, if you want higher taxes and permanently bigger government, one way to get there would be to support Herman Cain's 999 plan!”
“Cain doesn't get rid of the income tax. Instead, he reforms it. And then he adds a new levy -- a national retail sales tax -- on top of it.”
“No wonder Mr. Cain has fallen back to a two-step strategy: 9% is a teaser rate!”
“But adding a national retail sales tax on top of the federal income tax (even a flat tax) is a bad idea, because it creates the infrastructure for a federal-level, European-style VAT.”
Herman Cain's "999 Plan": The Good, the Bad, and the Ugly 10/06/2011
“The second problem with Cain's plan is more serious than the first. It puts in place the infrastructure for a VAT, a Value Added Tax.”
“Cash-register sales taxes have a habit of evolving into VATs. That's what happened in Europe. And that's undoubtedly what will happen here, if we adopt Cain's plan.”
“And if Cain's 9% personal flat tax failed to remain flat…we would end up with the worst of both worlds: a confiscatory income tax and a job-crushing VAT.”
Herman Cain's "999 Plan": The Good, the Bad, and the Ugly 10/06/2011
“Herman Cain’s bid for the Republican presidential nomination is fueled in part by his proposed U.S. tax code overhaul that tax policy veterans say doesn’t add up.”
“Tax policy experts say Cain’s plan is unrealistic because it presumes that no deductions and exemptions will be permitted, no matter how popular.”
“Either Herman Cain is the tax messiah or is proposing a system that has no correspondence to real-world tax systems,”
“In practice, it will have the same economic effect as a 27 percent uncapped payroll tax.”
Cain’s 9-9-9 Arithmetic Raises Revenue Generation Questions 10/05/2011
M
musicmax
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FreedomProsperityPeace
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OOH! Cain gets stabbed! Pro-TARP!
Bongo Fury
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- Sep 1, 2011
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- 14
Crap....this is all Cain vs. Romney.
