Herman Cain: Tax Poor People’s Food To Finance Tax Break

09 Oct 2011 21:44 #21 by pineinthegrass

Arlen wrote: You liberals have absolutely no love of the truth.


I'll agree the original article was not factual in stating just 2 states tax food, and it was very slanted as well. But it did give a link. The link didn't work for me, but I'll accept what CV posted since I found that same page with my own search.

But what's your point? You can't deny Cain wants to add another 9% tax to food purchases. He said it himself. A very minor victory over a biased article does not matter in the big scheme of things. I thought conservatives are opposed to new or increased taxes? That's the main point.

To me, the bigger question is what does Cain propose to do with Social Security and Medicare. As I said before, he is telling us we will save 15.3% (don't bug me if I said 15.4% before) on our taxes due to no payroll tax on his 9-9-9 plan. But is he saying the 9-9-9 plan will pay for those programs?

I've looked at his own web site, and I see no evidence of how his plan would pay for those programs. Here is his 9-9-9 plan...

http://www.hermancain.com/999plan

He mentions many times about no payroll taxes, but I see no mention of funding Medicare and Social Security with it.

Here is what he says about entitlements (gotta click on entitlements)...

http://www.hermancain.com/the-issues

Nothing specific about what he will do, and unlike the other Republican candidates, I see no promise to keep the programs unchanged for those over 55. Reading it, it seems he wants to "empower" us to find our own Social Security and Medicare solutions.

In the debates, he did say he likes the Chile pension system, which further suggests the 9-9-9 plan does not pay for the programs. According to this link, that program involves a mandatory 13% of monthly income contribution (more than our 12.4% for SS) for a private plan (humm... sounds like the Obamacare mandate)...

http://en.wikipedia.org/wiki/Chile_pension_system

Bottom line is Cain hasn't been forced to really explain this plan. But he is beginning to be asked about it now that his poll numbers have gone up. And that's perfectly fair. He's got a lot of explaining to do.

Please Log in or Create an account to join the conversation.

10 Oct 2011 04:32 #22 by LadyJazzer
Cain can take his "empowerment" and stuff it. People haven't paid enormous sums of their paychecks for decades in order for some idiot man-with-a-plan to come along and say, "Whoops...Just kidding...But now you're empowered. Good luck."....

Please Log in or Create an account to join the conversation.

10 Oct 2011 07:51 #23 by BearMtnHIB
I love the idea of taxing the poor people- best idea ever! I hope Cain gets the nomination because he's one conservative I can vote for any day of the week. I'm liking the ideas he brings to the table.

It's time to get these taxpaying deadbeats in on the game so they don't miss out on all the fun of being a taxpayer. 9% for everyone is as fair as fair gets. Why would the government be entitled to more of your money because you make 2 dollars instead of one? This is immoral.

I also like some of the other statements I have heard Cain say in the last week or so- like

"Don't Blame Wall Street, Don't Blame The Big Banks, If You Don't Have A Job And You're Not Rich, Blame Yourself" ...

The way to connect with voters on the plan is to simply give the facts. Fifty per cent of taxpayers pay 97 per cent of the taxes. By most people's standards, that's already fair. The President is playing the class warfare card because he knows that a lot of people may never hear that particular fact. But it's a fact.
Herman Cain


No one has to tell me about the challenges involved with pursuing success when you are born without a lot of advantages, or to a family without a lot of money. That is the story of my life. I achieved success in business because I worked hard, studied hard, set goals, honed my strategy, weathered setbacks and kept at it no matter what. Sometimes those setbacks occurred because, at least it seemed to me, someone didn't treat me fairly. But I quickly learned that this, too, is part of life. Complaining about it won't help you. Devising strategies to overcome it will.


This guy has it right- don't blame success.

Please Log in or Create an account to join the conversation.

10 Oct 2011 09:04 #24 by LadyJazzer
Yes, as a confirmed sociopath, you would.

Please Log in or Create an account to join the conversation.

10 Oct 2011 09:38 #25 by FredHayek
I like Cain's plan but it would be dead on arrival, Congress doesn't want to give up the ability to hand out tax loopholes and credits.

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

10 Oct 2011 09:47 #26 by pineinthegrass

BearMtnHIB wrote: I love the idea of taxing the poor people- best idea ever! I hope Cain gets the nomination because he's one conservative I can vote for any day of the week. I'm liking the ideas he brings to the table.


And what do you do to them if they can't afford to pay the tax? Toss them in jail? Their kids too?

How about retired people? Right now about 2/3rds of people on Social Security pay no federal income tax. Under Cain, they too would have to pay 9%, plus another 9% sales tax. Do you really think they have the money to pay that when they are trying to live off Social Security benefits? And under Cain, would they even still get their Social Security?

Please Log in or Create an account to join the conversation.

10 Oct 2011 09:54 #27 by pineinthegrass

SS109 wrote: I like Cain's plan but it would be dead on arrival, Congress doesn't want to give up the ability to hand out tax loopholes and credits.


So you like the idea of cutting taxes for the rich, and making up for it by raising taxes for most everyone else?

I don't even think a Tea Party controlled Congress would vote for that. And if they did, they'd be gone next election.

Please Log in or Create an account to join the conversation.

10 Oct 2011 10:15 #28 by BearMtnHIB

And what do you do to them if they can't afford to pay the tax? Toss them in jail? Their kids too?


Yes- throw them in jail until they pay their fair share! Throw the kids in jail too until they work off their tax debt. I'm sick and tired of deadbeats who think it's OK to tax "other people" but not OK to pay tax themselves. Everyone needs to pay!

And if they are caught not paying then YES- they should face the same justice that I would face for not paying, and that includes jail if they have no assets to seize. That's exactly what would happen to me if I didn't pay- so what makes THEM so special?

HUH?

Please Log in or Create an account to join the conversation.

10 Oct 2011 10:28 #29 by FredHayek

pineinthegrass wrote:

SS109 wrote: I like Cain's plan but it would be dead on arrival, Congress doesn't want to give up the ability to hand out tax loopholes and credits.


So you like the idea of cutting taxes for the rich, and making up for it by raising taxes for most everyone else?

I don't even think a Tea Party controlled Congress would vote for that. And if they did, they'd be gone next election.


The conventional wisdom is that the rich don't pay taxes because they pay tax accountants instead, so Cain's plan would hold them to at least 9%.

It would be interesting to see how people would modify their purchasing plans to limit their sales tax penalties. More coupon clipping? Buying in bulk? Barter plans.

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

10 Oct 2011 10:29 #30 by archer

SS109 wrote:

pineinthegrass wrote:

SS109 wrote: I like Cain's plan but it would be dead on arrival, Congress doesn't want to give up the ability to hand out tax loopholes and credits.


So you like the idea of cutting taxes for the rich, and making up for it by raising taxes for most everyone else?

I don't even think a Tea Party controlled Congress would vote for that. And if they did, they'd be gone next election.


The conventional wisdom is that the rich don't pay taxes because they pay tax accountants instead, so Cain's plan would hold them to at least 9%.

It would be interesting to see how people would modify their purchasing plans to limit their sales tax penalties. More coupon clipping? Buying in bulk? Barter plans.


If consumers start limiting their purchases, our consumer driven economy will tank.......pure and simple.

Please Log in or Create an account to join the conversation.

Time to create page: 0.159 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+