Monday, October 17, 2011
Cain 999 plan... Simple Math???
9-9-9 = People too poor to pay Federal taxes being flat taxed at 9%. 9%>0% = Tax increase on the poor and lower middle class they cannot afford. Simple math.
The 2nd 9 is a 9% consumption tax which means an extra 9% Federal Tax on goods the poor and lower middle class buy (including $1 menu fast food many poor people live on)... You know, those people I just mentioned who were already too poor to pay Federal taxes = 18% Federal tax rate for many poor people. 18%>0% tax. Simple math.
Corporations get the last 9%. Corporations are supposed to pay 15%-35% now although some pay as little as nothing due to exemptions... So corporations tax rate goes from 35% - 9% and the poor go from 0%-18%??? HUH???
Maybe it was the 9-9-9 plan that actually killed Able and not Cain. LOL 999 upside down is 666... Coincidence? I think not!!!