9-9-9 Plan: Do the Math

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9-9-9 Plan: Do the Math

Todd "tryanmax" Maxwell
- 403 posts
October 16, 2011 10:46:12 AM EDT

What decievers! Don't ask me why, but I have ABC's "This Week" with Christiane Amanpour on. They played a clip where Christiane asks Herman Cain what he has to say to those who claim the sales tax portion of his plan is regressive. Cain's reply: "Do the math."

Then, Christiane says she's done the math and a graphic is shown higlighting the states with zero sales tax. Then the map changes to highlight the states with more than 6% sales tax. Excuse me for having more brain cells than the "This Week" staff collectively, but what does one have to do with the other?
Chris ...Just Chris
- 2953 posts
October 16, 2011 10:52:57 AM EDT

Nothing!

Meet the press is tearing it up too. Now they are building up Roney as the savior of the republican party. I don'tknow why I even turn on the TV on Sunday mornings.
Michelle VanMarm
- 7 posts
October 16, 2011 10:56:22 AM EDT

Todd, you won't have any brain cells left if you watch Amanpour for any length of time.
Silk M
- 2 posts
October 16, 2011 2:05:12 PM EDT

Todd, they are concentrating on the adding the 9% fed sales tax to the local sales tax, if there is any...to me this is not a point worth following, because people are so easily misled by the libs. However, I would like to see more discussion on his plan, because I did the math as well and I have LOTS of questions. So you pay 9% fed on all your income, then you spend some of your income on sales tax, add another 9% which comes to 18%, for someone who is currently in a 10% tax bracket, that means a tax increase, yes not all income will be taxed at 18%, but it could still end up in an overall tax increase. The argument is 9% corp taxes will reduce prices...maybe..in the long run possibly, in the short run I don't see it (remember when the airline companies raised fares when the TSA tax expired...so much for savings). He would also eliminate the payroll tax, great, but I don't see a plan on how SS will be funded or Medicare or a plan to fix it...questions, questions, questions.
Mary Hartzler
- 408 posts
October 16, 2011 8:15:08 PM EDT

Silk, Herman Cain's facebook page has a discussion board (much like our forums) and you can ask questions there. Campaign staff monitor those discussion threads and answer questions. I've asked several already and been more than satisfied with the answers given. You have to "like" the page before you are allowed to post, but it is worth it just to be able to ask your questions directly of the candidate.

I think there are so many hidden taxes out there that no one remembers what they are any more. Plus, 9% is a HUGE tax break for businesses. I hope they have some patriotic sentiment about passing the savings along to the consumer. There are nuances about the 999 plan that the media aren't picking up on that need to be emphasized.

1) Sales tax is on new goods only. Used goods have no tax. This is WONDERFUL.

2) No taxes taken out of your paycheck, not even social security and medicare. This is a somewhat murky area, because Herman favors the Chilean model of retirement. It functions more like your 401k at work (which would be a GOOD thing). All investments are "self-directed" by the retiree. Don't know how exactly we get into that system, but I like what I've heard so far.

3) Herman says it must be passed along with a balanced budget amendment. If you get a chance, go to fox news online and watch the 10-15-2011 episode of Mike Huckabee's show. He had CPAs on and then let Herman Cain talk after the CPAs. It was a great show.

Do remember that 999 is a "stop-gap" measure on the way to the FairTax. There are a lot of people who criticize the FairTax, too, but I think they are just afraid of the new and unknown. What we DO know is that the current system is broken beyond repair!
Chris ...Just Chris
- 2953 posts
October 16, 2011 8:51:57 PM EDT

The people who are afraid of 999,or the fair tax are those that currently pay nothing, or one of the many that actually get more back than they put in. They are afraid they might actually have to pay something.
Silk M
- 2 posts
October 16, 2011 9:08:25 PM EDT

Thanks Mary, that was some great information. This is the kind of discussion I was looking for. Cain's 999 plan is starting to come into the forefront and I want to be able to understand the plan when engaging into a discussion or explaining it to someone. I do like the fair tax plan and hope we are moving in that direction. I will check out his FB page.
Todd "tryanmax" Maxwell
- 403 posts
October 17, 2011 12:15:45 PM EDT

Thank you Mary. If I were on Cain's campaign staff, I’d give Herman this to say: “The 9-9-9 Plan is not a sound bite, it’s a solution. It’s simple enough for anyone to understand, but they must examine it for themselves.”

Of course, this stands in for the sound bite, but it really needs to be stressed that no one can understand the plan by proxy. Every media outlet is going to spin against it, even many conservative outlets.

Frankly, I don’t understand why Limbaugh isn’t out in force behind the 9-9-9 Plan more. It purports to be the implementation of something Rush has been saying for years: “Corporations do not pay taxes.”

Also, Cain could do better at explaining that the Plan is a stepping stone to the Fair Tax. But I’ve heard a number of interviews where they are trying to push Cain to say something they can exploit. I can accept that it might get overlooked while dancing through the media minefield.