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Old 10-21-2011, 08:13 PM   #31
Pippoles

Join Date
Oct 2005
Posts
448
Senior Member
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The 9-9-9 plan is not something I'm particularly attached to myself (as I'm not a Herman Caine supporter by trade), but I'm not opposed to the idea of a fair tax in principle if it's distributed in a manner that doesn't give all the power for imported goods. As it is though, I'm not too worried if you pay more on groceries. But if we stick to this plan your spendable income annually is approximately $35,300, meaning you have about $2,941 monthly for needs and expenditures. Hack out $472 off of that we're still looking at about $2,470 squeeze out a reasonable expected cost of rent, commute and necessary utilities and you're telling me you can't possibly retain $300-$600 during a given month? If you think you absolutely need $2,500 to fill in the gaps I wonder where you've chosen to live and what you choose to drive because I don't even burn that much although I personally have the means to. So quite frankly the fact that you suffer the green eyed monster for those who've applied themselves in life to the point where they can afford a few things doesn't make me flinch in the least. Nor do I bear ill will towards those who have a few more things in life than I do. Quite frankly if they're burning 60-80 hours a week to make that happen I have no problem saying they've reasonably earned it.
Well, see here's the deal.

One of the crying calls from Republicans/Tea Partiers is that nearly half the population pays NO federal income tax.

Under 9-9-9...they'd pay, basically 18% tax (9% of what they make and 9% of what they spend).

If they are currently not pay ANY tax...there is no way 9-9-9 does not raise taxes on the poor.

IF it is, as Cain claims, revenue neutral...and the poor are paying more...then someone must be paying less. I'm thinking it just might be a guy like me, cuz I'm getting killed in taxes right now...but, the rise in prices due to every level of production paying their 9% I'm sure will just pass those taxes onto guys like me anyway...
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