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| Cain is surging! | |
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| Tweet Topic Started: Oct 12 2011, 06:08 PM (1,760 Views) | |
| brumdog44 | Oct 18 2011, 08:22 PM Post #31 |
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The guy picked last in gym class
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Herman Cain doesn't even UNDERSTAND HIS OWN PLAN. http://www.washingtonpost.com/opinions/cains-9-9-9-plan-doesnt-add-up/2011/10/18/gIQArk0gvL_story.html
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| BTown11 | Oct 18 2011, 08:53 PM Post #32 |
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Mer
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as of right now I'm a Romney guy, but I just moved and don't have an ID in this state so I can't vote anyways. #meh |
| Death to Signatures. | |
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| yawnzzz | Oct 18 2011, 09:21 PM Post #33 |
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Coach
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What puts you in favor of Romney? Based on just tonight's debate, here's my rankings: 1. Cain T-2. Paul T-2. Gingrich 4. Santorum T-5. Romney T-5. Perry 7. Bachmann Punch lines like Romney's bushel of fruits and Bachman's flip 9-9-9 and you see the devil's in the details get the loudest applause, but there's no substance to their comments. |
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| mongo | Oct 18 2011, 09:40 PM Post #34 |
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Coach
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I like Huntsman. Too bad he's got no shot. |
![]() "Son, if you really want something in this life you have to work hard for it. Now quiet! They're about to announce the lottery numbers." | |
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| sirbrianwilson | Oct 18 2011, 11:06 PM Post #35 |
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Stemlerite
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believe me, i'd LOVE to vote for a republican that actually has his shit together. Now, produce one! br |
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| HoosierLars | Oct 19 2011, 09:58 AM Post #36 |
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3 in a row
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Brum, I have more confidence in Cain's analysis than some hack writer from the Washington Compost. The one thing that jumps out at me is the fact that the 25k earner is getting 5K back from the IRS. Let's stop calling this his "tax" and call it what it is: welfare. We can continue making payments like this, but should at least be more honest about it. |
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| yawnzzz | Oct 19 2011, 11:04 AM Post #37 |
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Coach
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I wouldn't call it welfare; it's a subsidy. The companies that hire full-time employees at wages where they receive tax refunds greater than what they contribute are the ones that are truly receiving this benefit. |
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| Old_School | Oct 19 2011, 12:18 PM Post #38 |
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Defender of Mars, Kicker of Ass
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Lars, here's your boy Peter Schiff's take on Cain's 9-9-9 plan. |
The poster formerly known as mybracketownsyou.
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| brumdog44 | Oct 19 2011, 04:58 PM Post #39 |
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The guy picked last in gym class
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So let me get you on the record: you believe Herman Cain when he says most people would pay less taxes under his plan? PLEASE make this claim. I double dog dare you. The non-partisan Tax Policy Center goes even further. http://taxvox.taxpolicycenter.org/2011/10/18/cain%E2%80%99s-9-9-9-plan-would-cut-taxes-for-the-rich-raise-taxes-for-almost-everyone-else/ "Say you want to buy a pizza. First, under the business tax the pizza guy pays a tax on the difference between the retail price and his cost of producing the pie. Every firm along the supply chain would do the same: The farmer would pay 9 percent on his sales of raw tomatoes minus his costs, the sauce manufacturer would pay another 9 percent. This is just like a retail sales tax, except it is collected at every step of production along the way. But it is still passed on to consumers. Next you pay a separate 9 percent retail sales at the register. Finally, you have to pay the 9 percent individual flat tax. There is more. Because employers would be taxed on wages they pay, economists figure the levy would result in lower salaries. Not only would the combination of lower incomes and higher taxes reduce the current standard of living for many middle-class households, those lower wages would also result in lower Social Security benefits down the road. Cain apparently has an idea for a credit to protect low- and middle-class households from some of the burden of this triple tax, but he has not yet said what it is. And the problem, of course, is the more generous the credit, the less revenue the tax will generate. Because his plan is roughly revenue neutral now, that would force him to either increase the deficit or abandon that nice sounding 9-9-9 and raise his proposed tax rates. Now, there is nothing wrong with a well-designed consumption tax. There are even benefits to adding a Value-Added Tax to a personal income tax while using it to buy down corporate income and payroll taxes. But a well-designed consumption tax retains a progressive rate structure somewhere in the system. Cain’s does not. Instead he opts for what is effectively a 25 percent flat rate sales tax. And that’s why he raises taxes on typical middle-income households by more than $4,000 while cutting them on those with the highest incomes by an average of $1.4 million." |
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| chops1221 | Oct 19 2011, 05:03 PM Post #40 |
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Coach
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I'm just gonna leave this here Posted Image |
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| sirbrianwilson | Oct 19 2011, 10:07 PM Post #41 |
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Stemlerite
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lol. great pic. br |
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| HoosierLars | Oct 19 2011, 11:02 PM Post #42 |
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3 in a row
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That depends what the definition of "is" is. |
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| Old_School | Oct 20 2011, 10:25 AM Post #43 |
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Defender of Mars, Kicker of Ass
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Here's an interesting article on Cain. http://slatest.slate.com/posts/2011/10/18/herman_cain_fec_filing_shows_cain_paid_campaign_cash_to_t_h_e_ne.html?wpisrc=xs_wp_0001 Cain Spent Campaign Cash to Buy Own Book FEC filings also show the GOP contender turned to his own company to make the $36K purchase. |
The poster formerly known as mybracketownsyou.
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| HoosierLars | Oct 20 2011, 09:52 PM Post #44 |
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3 in a row
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Is the Hermanator your guy now? |
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| mongo | Oct 20 2011, 10:00 PM Post #45 |
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Coach
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Man between the Hermanator nickname and his pizza themed Imagine cover how can I not vote for him? |
![]() "Son, if you really want something in this life you have to work hard for it. Now quiet! They're about to announce the lottery numbers." | |
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