Talk of The Villages Florida - View Single Post - Cain's 999 Plan must have some support!
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Old 10-16-2011, 12:40 PM
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Originally Posted by rubicon View Post
It is difficult to have an indepth discussion about a proposal that if seriously considered would have so many re-drafts that by the time pols get done with ot yu wouldn't recognizemit from the original. Again as it stands now reitrees would get beat up with this plan in part becaise it would amount to double taxation.
I don't think so, on your last statement (retirees getting beaten up by Cain plan). Last night when interviewed, Cain said clearly that the plan would actually help people living on Social Security and dividend income--would not be taxed on those. So it would be the national sales tax and none on those types of income.