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Herman Cain's $9.99 2 topping, cheddar stuffed upper crust plan


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Herman Cain's 9-9-9 Plan

 

 

Vision for Economic Renewal

 

 

The natural state of our economy is prosperity. Freedom ensures that.

In order to return to prosperity, Government must get off our backs, out of our pockets and out of our way

 

Economic Guiding Principles

 

Production drives the economy, not spending. Production is the engine, consumption is the caboose.

We can not spend our way to prosperity.

Government spending is like taking a bucket of water from the deep end of the pool, pouring it in the shallow end. Then they HOPE that the water level will CHANGE.

Risk taking drives growth.

Business formation and job creation are dependent on entrepreneurs taking risks.

Investors who fund those entrepreneurs likewise take risks.

Measurements must be dependable.

A dollar must always be a dollar just as an hour is always 60 minutes.

Sound money is crucial for prosperity.

 

UNITE, never DIVIDE; UNITED around ECONOMIC GROWTH

 

When one party is so focused on spending so that the other must focus on cutting, we must unite around economic growth

Unite income tax payers with payroll taxpayers so we all pull for low rates

Unite those wanting to eliminate deductions with those seeking lower rates.

Unite the Flat-Taxers with the Fair-Taxers

 

Phase One

 

Our current economic crisis calls for bold action to truly stimulate the economy and Renew America back to its greatness. The 9-9-9 Plan gets Washington D.C. out of the business of picking winners and losers, using the tax code to dole out favors, and dividing the country with class warfare. It is fair, simple, transparent and efficient. It taxes everything once and nothing twice. It taxes the broadest possible base at the lowest possible rates. It is neutral with respect to savings and consumption,capital and labor, imports and exports and whether companies pay dividends or retain earnings.

 

9% Business Flat Tax

 

Gross income less all purchases from other U.S. located businesses, all capital investment, and net exports.

Empowerment Zones will offer deductions for the payroll of those employed in the zone

9% Individual Flat Tax.

 

Gross income less charitable deductions.

Empowerment Zones will offer additional deductions for those living and/or working in the zone.

9% National Sales Tax.

 

Unlike a state sales tax, which is an add-on tax that increases the price of goods and services, this is a replacement tax. It replaces taxes that are already embedded in selling prices. By replacing higher marginal rates in the production process with lower marginal rates, marginal production costs actually decline, which will lead to prices being the same or lower, not higher.

Economic Impact

 

According to former Reagan Treasury official Gary Robbins, of Fiscal Associates, the 9-9-9 Plan will expand GDP by $2 trillion, create 6 million new jobs, increase business investment by one third, and increase wages by 10%.

 

9-9-9 Plan: Summary

 

Removes all payroll taxes and unites all tax payers

Provides the least incentive to evade taxes and the fewest opportunities to do so

Lifts a $430 billion dead-weight burden on the economy due to compliance, enforcement, collection, etc…

Is fair, simple, efficient, neutral, and transparent

Ends nearly all deductions and special interest favors

Features zero tax on capital gains and repatriated profits

Exports leave our shores without the Business Tax or the Sales Tax embedded in their cost, making them world class competitive. Imports are subject to the same taxation as domestically produced goods, leveling the playing field.

Lowest marginal rates on production

Kills the Death Tax

Allows immediate expensing of business investments

Eliminates double taxation of dividends

Increases capital formation which aids capital availability for small businesses

Increased capital per worker drives productivity and wage growth

Features a platform to launch properly structured Empowerment Zones to renew our inner cities

The pro-growth, pro-job, pro-export economic policies of the 9-9-9 PLAN equals a strong dollar policy

 

Phase 2 – The Fair Tax

 

Amidst a backdrop of the economic renewal created by the 9-9-9 Plan, I will begin the process of educating the American people on the benefits of continuing the next step to the Fair Tax.

 

Ultimately replaces individual and corporate income taxes

Ends the IRS as we know it and repeals the 16th Amendment

 

Meet Herman Cain

 

Mr. Cain has more than 40 years experience in the the private sector where he balanced budgets, created jobs and rescued failing companies. A no-nonsense business leader who has turned struggling companies around to renewed success, Mr. Cain’s policies will do the same for the United States of America.

 

Find out more at www.HermanCain.com/about

 

also please see this link

 

http://www.facebook.com/notes/neil-d...50422133536416

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Re: Herman Cain's 9-9-9 Economic Renewal Plan

 

You gotta love the hypocrisy of Republicans screaming about being taxed then clamoring for a nut who would tax the working class more while taxing the rich even less then they are now.

 

"Stop taxing me bro!!!! Vote for the guy who wants to slap a 9% sales tax on top of whatever my local state tax is bro!!!"

 

666

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Re: Herman Cain's 9-9-9 Economic Renewal Plan

 

cain realized he fucked up and 84% of americans would end up paying more taxes under this plan.....especially the poor....so he changed it to the 9-0-9 plan.

 

what a fucking dumbass.

 

plus he says he's pro-life but when asked about it he says "the govt. should not be involved in a woman's life and it's ultimately their choice"....which is a pro-choice comment.

 

he's from the reagonomics school of thought with his whole "pull yourself up by your bootstraps" bullshit....because he says "if you can't find a job, it's your fault not the companies fault.......wtf?....if someone is qualified and applying for 1 job that 400 other people are applying to, and they don't get it, hows it their fault?!?!?....

 

once again, this guys a dumbass....out of touch with the american middle class and lower class.....after all, he was a ceo of a coorporation/franchise (ie. the 1%)

 

dumbass.

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Re: Herman Cain's 9-9-9 Economic Renewal Plan

 

 

I don't care if the idea came from one of those dreadful Elvis Presley movies, if it gets us back into shape, go for it.

- StevenBayshore, NYC, NY, 15/10/2011 21:54

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Cain and Obumer are loik two peees in a pot. Cant tell them apart!!

- American Patriot, Anywhere, USA, 15/10/2011 20:20

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Read more: http://www.dailymail.co.uk/news/article-2048969/Did-Herman-Cain-999-tax-plan-SimCity-video-game.html#ixzz1bZLDDDKK

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Re: Herman Cain's 9-9-9 Economic Renewal Plan

 

I don't care if the idea came from one of those dreadful Elvis Presley movies, if it gets us back into shape, go for it.

 

 

How the fuck is it going to get us back into shape???

It's going to tax the rich even less then they are at this point when they're getting taxed even less then they have since the 1930's, and it's gong to tax everyone else more.

 

You faggots keep screaming about being taxed, Obama lowered your taxes and is getting shat on for trying to raise the top 1%ers taxes back to what they were before Bush decided that cutting taxes on the rich while simultaneously starting two wars was a hot idea.

Who the fuck cuts taxes during time of war? That's what got us into this debt in the first place, and this out of touch jackass wants to cut taxes even more for the rich while jacking taxes up on the rest of us.

 

What's going to get us "back in shape" is the filthy rich going back to paying their share of taxes, not everybody else having to pay an extra 9% sales tax on everything including milk and shit that doesn't even get locally sales taxed.

Combined with the state sales tax, that's a 17% sales tax on everything that I buy where I'm at.

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