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Cain's Ultimate Goal Is A Thirty Percent Sales Tax!!!!!

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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 11:49 AM
Original message
Cain's Ultimate Goal Is A Thirty Percent Sales Tax!!!!!
Herman Cain’s 9-9-9 tax plan may sound straightforward, but an analysis of the plan by former George W. Bush economic policy adviser Bruce Bartlett suggests it is anything but simple.

The Cain campaign has not released the nitty-gritty details of his plan, but according to his website, it is actually a three-step process. The 9-9-9 part of the plan is merely an intermediate second step in instituting a Fair Tax, which would replace all federal taxes with a 30 percent national sales tax


http://abcnews.go.com/blogs/politics/2011/10/bush-era-economic-adviser-calls-cains-9-9-9-plan-a-monstrosity/



Why not just turn the poor and middle class into compost and get it over with.

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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 11:55 AM
Response to Original message
1. LOL. Nobody's dumb enough to vote for this asshole--I hope.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 11:59 AM
Response to Reply #1
2. The Media Need To Focus More On The 30% Than The 9-9-9
Could you imagine the black market that would create?

It would make Prohibition and the War On Drugs look like a cakewalk.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 12:05 PM
Response to Reply #2
3. It would collapse the economy. And yeah, create a black market for almost everything.
I'm sure that internet purchases would also be subject to the tax--about the only loophole I can see for regular people would be to buy everything from Ebay and Craigslist.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 12:07 PM
Response to Reply #3
4. A Black Market And A Bartar Economy
.
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Brother Buzz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 12:12 PM
Response to Reply #1
5. Used car salesmen love him
And I understand a new PAC, SUVSIFAGA (Slightly Used Vinyl Siding Industry for a Green America) is ramping up.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 12:16 PM
Response to Reply #5
6. LOL--
:thumbsup:
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marlakay Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 04:57 PM
Response to Reply #1
8. only people with money!
and there are more of us without it! I actually know one woman who likes him because they have money and will get to keep more that way. Some people are very selfish!!!!!!
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 04:28 PM
Response to Original message
7. The only predictable factor about a 30% sales tax would be a plethora of shoplifting.
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