You'd think it would be his wet dream.

10/15/2011 1:35:37 AM

Well, if you turn it upside-down you get 6-6-6, which is mighty troubling.

10/15/2011 2:02:45 AM

Oh, he'd Probably be fine with that plan in the long run, I'd guess that he just doesn't like the source.

/unless he's seriously against ANY change in the tax code
//or he's just trolling because he knows he's become one of the least popular people in the country among those who actually know his name

[Edited on October 15, 2011 at 7:14 AM. Reason : ,]

10/15/2011 7:09:36 AM

I heard that he hates it because it would create a new category of Federal taxation that would then be fairly easy to slide up.

10/15/2011 11:48:45 AM

Exactly, why would he support expanding the federal government's power to tax? It won't be the 999 plan long. It is regressive and will change spending habits and they will have to raise the rates.

10/16/2011 8:07:15 AM

I like to think of it as the "shifting the tax burden even more so onto the middle class" plan.

10/16/2011 1:01:46 PM

Doesn't this plan end tax credits and deductions as well meaning there would be no way around a person making 30k per year not losing 3k to incomie taxes and all of the products they buy costing another 9%?

I rather just tax the shit out of the rich and watch them raise prices 9% than directly charge the consumer.

10/16/2011 1:14:27 PM

There is an easy way around it, but I don't think it's part of his plan.

I think that the rates would have to be higher, and I think there should be a fairtax-style exemption to a certain point. I like it in terms of broad concept, though. Simplified, flat, spread between consumption and income, personal and corporate.

10/16/2011 2:05:25 PM

I love how people argue to reduce the number of tax brackets (or eliminate income tax brackets or any sort of differentiation based on intervals of income) based on the notion that it's simpler, and simpler is better. Seriously, what the fuck is so complicated about a step function?

10/18/2011 2:48:41 PM

I thought the complicated part was all the deductions and overseas tax evasion schemes.

10/18/2011 3:18:47 PM

Apparently the "complicated parts" are anything more complex than a constant.

10/18/2011 3:24:22 PM

Does Cain's 9% national sales tax do away with the state sales tax?

10/18/2011 3:30:14 PM

I figured it out 9-9-9 stands for

9 pizzas
9 toppings
9 dollars each!



By the way if his plan does not tax capital gains or dividends, does this mean that a CEO merely has to have the board approve his salary in stock options. No Taxes $profit!

10/18/2011 3:55:25 PM

Quote :

"I love how people argue to reduce the number of tax brackets (or eliminate income tax brackets or any sort of differentiation based on intervals of income) based on the notion that it's simpler, and simpler is better. Seriously, what the fuck is so complicated about a step function?"

Because it's not fair that poor people don't pay as much taxes as me, dammit. They just cruise through their easy lives at my expense.

10/18/2011 4:02:29 PM

Yay higher taxes



http://taxpolicycenter.org/numbers/displayatab.cfm?DocID=3221

10/19/2011 8:57:15 AM

I honk you're missing the point. It's only higher taxes on people who don't matter.

10/19/2011 9:02:20 AM