Cain tops GOP polls; Where does he stand on 2A?

[ComradeBurg]

As to his 9-9-9 deal, it sounds good at first with the 9% income tax, no payroll tax (does that include soc Sec?). But then you have to realize that you'll be paying another 9% on everything you buy. If you spend 100% of your income (as most of us must these days), you wind up paying 18% tax. Add in the fact that the 9% business tax is going to come right back at us in the form of higher prices and his 9-9-9 plan sounds to me like a 27% flat tax.

Not to mention the future danger of that newly introduced federal sales tax going up. Sure it may start as 9% but who's to say it won't be sitting at 20% in a decade?

[ex-LT]

As to his 9-9-9 deal, it sounds good at first with the 9% income tax, no payroll tax (does that include soc Sec?). But then you have to realize that you'll be paying another 9% on everything you buy. If you spend 100% of your income (as most of us must these days), you wind up paying 18% tax. Add in the fact that the 9% business tax is going to come right back at us in the form of higher prices and his 9-9-9 plan sounds to me like a 27% flat tax.

Am I missing something here? The corporate tax rate in the US currently maxes out at 35% (second only to Japan). Wouldn't a business tax of 9% actually result in a DECREASE in the cost of doing business? Ergo, it should actually result in a lower cost of goods.

[Scott Notaeh]

As to his 9-9-9 deal, it sounds good at first with the 9% income tax, no payroll tax (does that include soc Sec?). But then you have to realize that you'll be paying another 9% on everything you buy. If you spend 100% of your income (as most of us must these days), you wind up paying 18% tax. Add in the fact that the 9% business tax is going to come right back at us in the form of higher prices and his 9-9-9 plan sounds to me like a 27% flat tax.

Not to mention the future danger of that newly introduced federal sales tax going up. Sure it may start as 9% but who's to say it won't be sitting at 20% in a decade?

Need to start some sales and vat taxes to counter the folks who have roth iras.