Its ''6-6-6'' Upside-Down (Herman Cain's ''9-9-9'' Tax Plan)
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Technically 6 6 6 is not 9 9 9 upside down. you would need to invert both the x and y axis. seems like this whole video is pretty invalid to me..
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Why would any one who is already paying sales tax on purchases vote for a plan to increase the sales tax? I vote NO on Cain.
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Nice, with a slight of hand, he would completely eliminate all capital gains taxes; Wall Street / Goldman Sachs is giving him a standing ovation!
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Unfortunately, because of failed attempts by the Obama administration, we are knee deep in debt. Our credit rating as a nation was knocked down for the first time ever. We are not creating new jobs, and Obama has now come out with his SECOND jobs plan after he promised us that the first one would work. It is UNREALISTIC to believe we can get out of this mess without paying dearly for the mistakes of Obama and Bush. We need the 9-9-9 plan before it's too late to come back.
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It's unfortunate that Cain supporters believe the best way out of our fiscal mess is to raise taxes, and consider the other alternative -- cutting spending -- unrealistic (see below).
We don't need "9-9-9". It gives the Feds a new way to tax us -- the National Sales Tax -- without getting rid of the current income tax. "9-9-9" doesn't prevent some future Congress or President from raising those 9% tax rates. Raising new kinds of taxes -- and allowing rates to rise -- isn't pro-growth.
2privatus 5 months ago