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

So what----

Let 'em eat cake!

Why should I have to pay- but they are exempt!

Everyone should pay taxes equally- don't you liberals believe in equality?

LadyJazzer wrote: What part of "poor people would be paying 10.5% tax on their groceries (in Arkansas); and 13% on their groceries (in Alabama)" don't you get? Oh, I forgot... "Let 'em eat cake..." The GOP plan...

It would encourage people to grow their own food, healthy food, win win. Wasn't Michele Obama the one who started a White House vegtable garden, and now you can raise chickens even in urban areas like Denver.

LadyJazzer wrote: What part of "poor people would be paying 10.5% tax on their groceries (in Arkansas); and 13% on their groceries (in Alabama)" don't you get? Oh, I forgot... "Let 'em eat cake..." The GOP plan...

Maybe then you can answer the question of who is currently getting the better end of the deal of food not being taxed - the AlGores of the populace who are paying $25/lb for their filet mignon or the working poor who are paying $1/lb for the potatoes for their soup?

Plus 1/6 of Americans are on food stamps, so most of the poor don't have to pay any taxes on their food.

You sociopaths are unbelievable.... But predictable.

Oh, and people on food-stamps pay taxes on their purchases just like everyone else. So, what's your point?

PrintSmith wrote:

LadyJazzer wrote: What part of "poor people would be paying 10.5% tax on their groceries (in Arkansas); and 13% on their groceries (in Alabama)" don't you get? Oh, I forgot... "Let 'em eat cake..." The GOP plan...

Maybe then you can answer the question of who is currently getting the better end of the deal of food not being taxed - the AlGores of the populace who are paying $25/lb for their filet mignon or the working poor who are paying $1/lb for the potatoes for their soup?

You've answered your own question. If people are suddenly having to pay 9% on their food across the board, the people it's going to hit the hardest are the ones paying $1/lb on their potatoes.

And the ones who it will hit the most are the ones paying the $25/lb for the best cuts of beef, lobster tails and $350 bottles of wine. Wouldn't you say that these folks are getting the better end of the deal of not having to devote any of their income towards paying a sales tax on all that expensive food? Isn't this essentially how we levy the excise taxes on energy consumed? AlGore doesn't pay any more tax on a gallon of fuel than a working poor person does, nor does he pay a higher tax rate on the expensive hand tailored clothes he buys than the working poor does on the second hand clothing they buy. Don't these taxes also hit the poor person harder in the same manner as you allege the proposed sales tax on food would? Why are these taxes somehow acceptable on a flat rate basis but other taxes are not? AlGore is paying the same 3% excise tax on each kWh of electricity he consumes as the poor family does, why shouldn't he be required to pay a 15% excise tax instead since he has a lot more money that, at least according to the current executive, he "doesn't need"?

PrintSmith wrote: Yes PITG - the 9-9-9 plan funds both SS and Medicare. It not only lowers the tax rate on the evil rich, it lowers the tax rate on the middle class workers as well. Notice the words - cuts tax rates. Cutting tax rates is not the same as cutting tax revenue, never has been. In point of fact, cutting tax rates generally results in higher tax revenues as a percentage of the national GDP, which is why presidents like Kennedy and Reagan both lowered tax rates when there was excessive capacity in the national production that wasn't being utilized.

What you are also forgetting, or at least failing to consider, is that the tax on food would apply equally to all those evil rich folks who are spending more for a single cut of beef than what the poor family of 4 is spending for an entire days worth, if not more, of food. The AlGore's of the country are feasting on $25/lb filet mignon without paying a federal sales tax on food while the poor family is eating potato soup without a federal sales tax. Who's getting the better end of that deal in your opinion.

Do you have a link where Cain has said the 9-9-9 plan will fund SS and Medicare? I can't find it on his website. It sounds more like he wants to get rid of them. From his website under entitlements...

It is time to admit the mistakes, and get the federal government out of the way. This will allow states, cities, churches, charities and businesses to offer a helping hand instead of a handout where they live. People closest to the problems are the best ones to solve the problems effectively.

We can fulfill our responsibility to our golden age citizens and future retirees by empowering them instead of restricting them.

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

In the debates, he has also proposed a Chile-like system.

He has said his plan would be revenue neutral, and that does imply SS and Medicare would be covered in some way. But it would be nice to have some details. Currently people know what their SS benefit will be based on payroll taxes paid, but how do you track sales tax paid?

He says he had a private study done to show it's revenue neutral, but so far as I can tell he hasn't produced the report. Some others have looked into it and found it comes up short...

http://www.bloomberg.com/news/2011-10-05/cain-s-9-9-9-math-raises-questions-on-generating-enough-revenue.html
http://thinkprogress.org/economy/2011/10/05/336649/cain-999-analysis-deficits/

Anyway, let's assume it actually is revenue neutral. There is no doubt his plan is a huge tax cut for the wealthy. So it follows that it must be a huge increase for everyone else in order for it to remain revenue neutral. And how do you respond to my point about seniors on SS who currently pay no income tax would have to pay 9% plus the 9% sales tax as well on their meager earnings. Tax the seniors who depend on SS? No chance he'd get elected on that.

So far as you point about sales tax goes, I'm not sure I get your point. The wealthy spend more, so they will pay more tax. But lower income people spend most of their income on consumables, so they will pay a much higher percentage of their income on a sales tax.

Rich people save and invest a high percentage of their income. Only part of their income goes to consumables, so a sales tax doesn't hit them as hard. Cain's plan will drop their capital gains rate from 15% to zero. All around, it's a great plan for the wealthy, and socks it to the poor.

LadyJazzer wrote: Why? Does something happen after the 48 seconds that changes the fact that poor people get screwed paying taxes on their food?

Yes they have a lower federal tax. You guyes have such uneducated posts and threads.

The Viking wrote: You guys have such uneducated posts and threads.

We're not responsible for posts by Outdoor, Nmysys, CivilBill, or Al Snow Job Gore.

You'll have to take that up with them. rofllol