What do you think of Herman Cain's 9-9-9 plan?

Personally, I am not a fan. The 9% sales tax makes no sense at all. How is the economy supposed to grow if we discourage people from buying products.

Producing is nice, but does not mean much if no one buys the product. Secondly, it would not encourage people to save because people do not need encouragement to save, they money to save. For 30 years, median middle class income adjusted for inflation has declined.

Add the fact that the cost of living has steadily increased over that same period. The result is that people have nothing to save. This plan does nothing to address that fact.As far as cutting taxes to stimulate the economy goes, we extended the Bush tax cuts last December and seasonally adjusted unemployment has been 9.1% for three consecutive months.

Even Ron Paul calls the plan regressive. I guess we should expect this from a guy that proudly admits to knowing very little about politics.

The plan sounds as if it had been devised by a cpa from cleveland...oh, wait, it was. I am retired earn $60k/ yr. The 999 plan would cost me an additional $3400 in fed.

Taxes and an additional 9% added to our local 8.75% sales tax. At the same time, my wealthier neighbors would experience a tax reduction. Another conservative republican making sure that the greed of the rich remains well-nourished.

Nobody would build a new house.So, new housing construction would be impacted. In fact why would anybody buy anything new? If I live in a state without an income tax like Florida, I now get a 9% income tax.

If I live in New Hampshire where there is no sales tax, I now get a 9% sales tax. If I live in a state like Alabama with a 9% sales tax, I now get another 9% on top of that so the tax is now 18%. So now a great percentage of an average persons income is spent on this crap.

The rich person gets his taxes lowered to 9% and the fact that he has more disposable income to begin, with means that the entire plan has no adverse affect on him at all, while at the same time stomps on the average person who now spends a greater percentage of his money for his everyday expenses. Herman's apples and oranges explanation is nothing but fruit salad designed to put more money into the pockets of the rich.

Currently, the lowest tax rate I am aware of is 15%, so 9% would be a decrease. Off of the top of my head, I do not recall if $60/k is in the 25% or 35% range.It replaces the current tax structure - It does not add to it. How does a 9% sales tax discourage someone from buying?

Our current sales tax is right at 9% now. Actually, about 30 to 40% of the price of goods is from various taxes added to the cost. So the price of goods would actually decease and encourage people to buy.

Herman Cain has turned one company after another around. That's exactly what this country needs, instead of someone running spending billions to accomplish nothing. Cain would chew Obama up and spit him out in a debate, while Obama stood there whining about it being Bush's fault.

Much better than Obama's things will get better at some point plan.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.