Cain's 999 Plan must have some support! Cain's 999 Plan must have some support! - Talk of The Villages Florida

Cain's 999 Plan must have some support!

 
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  #1  
Old 10-13-2011, 08:19 AM
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Thumbs up Cain's 999 Plan must have some support!

New poll now puts Cain over Romney.

http://today.msnbc.msn.com/id/448814...eads-gop-pack/

Lets's see, a 999 plan everbody but VK can understand, and a 59 page Romney plan.

Herman Cain will have my Florida Primary Vote.

Don't underestimate this candidate.
  #2  
Old 10-13-2011, 09:17 AM
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He's just the flavor of the day, as they say. Palin,Trump, Bachmann, Perry, Cain. All soared, then floored.
When all is said and done it will be Romney.
  #3  
Old 10-13-2011, 09:47 AM
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Quote:
Originally Posted by DaleMN View Post
He's just the flavor of the day, as they say. Palin,Trump, Bachmann, Perry, Cain. All soared, then floored.
When all is said and done it will be Romney.
You could be right and a lot of the people who are aligned with the "Establishment Republicans" agree with you. At this point in 2007 the leading Republican candidates in the polls were Rudy Giuliani and Fred Thompson.

It may be though that the established Republicans are losing their hold on the normal Republican voter. The "winds of change" are in the air and people have had enough, and are looking for new answers and a new strategy. Herman Cain is motivating a lot of people to strive for a better way and a new direction, as opposed to the same old tired "compromisers" who get nothing substantial done.

It all hinges on New Hampshire. Can Herman Cain make a earth shattering impact there? I think that's what he needs to do, and that will tell the tale.

Romney has the advantage in New Hampshire and must win it. If he does he could be unstoppable. If he doesn't........................stay tuned.
  #4  
Old 10-13-2011, 11:00 AM
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Originally Posted by RichieLion View Post
You could be right and a lot of the people who are aligned with the "Establishment Republicans" agree with you. At this point in 2007 the leading Republican candidates in the polls were Rudy Giuliani and Fred Thompson.
.......Herman Cain is motivating a lot of people to strive for a better way and a new direction, as opposed to the same old tired "compromisers" who get nothing substantial done.

.....stay tuned.
Your statement highlighted above in red is the definition of "Leadership"! We are electing a national LEADER, not a "technician" trained to diagnose or fix ONE thing or system.

A LEADER motivates people to think and act for themselves.

A LEADER inspires people to get up when they fall or when their nation is falling.

A LEADER encourages the people to do what is right, instead of what is easiest or politically expedient.

A LEADER exemplifies honesty, integrity, and trustworthiness.

A LEADER guides people toward a vision they can't necessarily see for themselves....like a brighter future.

A LEADER teaches people to look beyond themselves and "what's in it for ME".

Herman Cain is a LEADER!
  #5  
Old 10-13-2011, 11:27 AM
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Frankly, I don't feel New Hampshire will mean a thing. There is not that many electoral votes.

Florida will tell the story of where the strength will go. As of now, Herman Cain is leading in Florida.

I guess Christie just didn't make that much of an impact on Romney.

Herman Cain seems more like a Reagan style candidate. He is quick with his wit, and quick with a smile. Hiss 9 9 9 plan will gain steam. It's all anybody in politics is talking about right now. Either in discussions with Cain, or asking others what they "make' of Cain's 999 plan.
  #6  
Old 10-13-2011, 11:52 AM
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Originally Posted by BlueHeronFan View Post
........Herman Cain seems more like a Reagan style candidate. He is quick with his wit, and quick with a smile. His 9 9 9 plan will gain steam. It's all anybody in politics is talking about right now. Either in discussions with Cain, or asking others what they "make' of Cain's 999 plan.
And it has people on all sides doing their homework to learn what that 999 plan is.....and they see that it is understandable by anyone who can "do the arithmetic", unlike Dodd-Frank which even VK can't make understandable to us, and unlike the Obamacare 2200-page pile of sausage with who-knows-what was thrown into the grinder and is hidden in all the legalese.

"We the People" are the opening words of the Constitution, and Cain is successfully motivating us to do our homework and not just vote blindfolded, straight down a column with the heading of "D" or "R".
  #7  
Old 10-13-2011, 12:13 PM
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I do like a nation sales tax.We need to capture some tax money from the people that work for cash.Their is a huge amount of unreported income that we would recover some tax from.Other then doing nothing about it and the rest of us paying for them.Why should someone working cleaning houses or any service work that are being paid in cash get away with paying nothing.Just think of all the tips you have given people most of that is never taxed,I have known bartenders that made 200 a day in tips and most of it unreported.A sales tax is the only way we will get something from this unreported income.
  #8  
Old 10-13-2011, 01:08 PM
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9-9-9 is really tough on low to middle class people.
I just read 38% of Americans pay little or no tax with our cuttent tax code.
Now they will have 9% rate plus a 9% national sales tax rate? In addition to state sales tax? OMG.

It's very simple but in reality will bring in less revenue than the current tax structure and I would bet 90% of those reading will be paying a lot more taxes.

You can't make this stuff up!

http://bottomline.msnbc.msn.com/_new...imply-pay-more
  #9  
Old 10-13-2011, 01:16 PM
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Quote:
Originally Posted by aljetmet View Post
9-9-9 is really tough on low to middle class people.
I just read 38% of Americans pay little or no tax with our cuttent tax code.
Now they will have 9% rate plus a 9% national sales tax rate? In addition to state sales tax? OMG.

It's very simple but in reality will bring in less revenue than the current tax structure and I would bet 90% of those reading will be paying a lot more taxes.

You can't make this stuff up!

http://bottomline.msnbc.msn.com/_new...imply-pay-more
The impact on the poorest Americans will have to be evaluated. I heartily disagree about it bringing in less revenue. It will capture the "cash earners", legal and illegal (some of these are the people you're worried about) and draw money from them. The new lower business tax and it's certainty will cause business growth to explode, creating more jobs and more wage earners and more tax contributors.

You will be able to lower your tax bill if you need to by not consuming at that time. It'll be in your hands when you need that to be the case. The money will be in your pocket to control. Just give that some thought.
  #10  
Old 10-13-2011, 01:53 PM
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aljetmet I happen to agree with you and this is not the first time I have heard this concern. A CPA wrote an article in Wall Street Journal not long ago making that exact point. The other concern I have with the 9-9-9- plan is that it will inevitable become the 27-27-27- plan because politicians are obsessive compulsive amount our money. The positive thing about this is that at least Cain is giving us a starting point.

As to the Republican candidates. There are three fractions in the Republican Party. Establsiment Republicans that richielion mentioned and consists of party leaders, large donors corporate interests. they want to retain control.
The second group are evangeicals and pro-life christians.

The third segment ar tea party members. What we are witnessing now is an internal battle between these three segments as to which candidate is electable vis a vis best suited to meet their agenda.

In my mind Romney can never be my candidate because he won't state that he would repeal ObamaCare only impose certain waivers which to me means nothing. romney is a RINO

ObamaCare is a major threat to our free enterprise system and the only candidate with an actual plan is Michelle Bachmann. She also has a good understand of our tax system. The liberal media is doing a number on her and I must admit she hasn't helped herself.

Newt is the smartest of them all. a great idea man but he keeps shooting himself in the head.

Huntsman is Romney on steroids and also a RINO

Herman Cain is electable but I need to hear more about his foreign policy strategy and views on social issues. He would get a lot of the black and hispanic vote. I believe a Cain/Rubio combination could be a crusher

Rick Perry is a true Republican but so far has not performed well
  #11  
Old 10-13-2011, 02:28 PM
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I think you hit the bullseye with this one: "I believe a Cain/Rubio combination could be a crusher."

With all the legitimate concerns about the 9-9-9 plan, I think people are forgetting that any proposal like this by a candidate always ends up being a starting point in Congress, not a law imposed by Executive Order on Day 2 of the new president in the oval office.

I think also that people forget about MOTIVES and honesty of the candidate. I think Cain is a godly man whose motives are pure, and all in favor of keeping the America we love intact......ONE nation, under God.
  #12  
Old 10-13-2011, 02:32 PM
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Mr Cain was on Squawk Box a couple of mornings ago. When they asked him about foreign affairs, he really didn't have an answer. He has zero, nada experiece. He's a business man. I think his real agenda is to sell his book....

Richie
I do love the idea of the lower corparate tax rate. I need the earnings of my investments to pay for 40% of my retirement. I don't want to spend less to reduce my tax burden. I don't agree with a national sales tax. People have to eat, clothes themselves etc. It will be a burden on lower earning Americans and that includes retirees.

Another view that states the revenues don't add up.


http://thinkprogress.org/economy/201...plan-analysis/
  #13  
Old 10-13-2011, 02:44 PM
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Quote:
Originally Posted by aljetmet View Post
Mr Cain was on Squawk Box a couple of mornings ago. When they asked him about foreign affairs, he really didn't have an answer. He has zero, nada experiece. He's a business man. I think his real agenda is to sell his book....

Richie
I do love the idea of the lower corparate tax rate. I need the earnings of my investments to pay for 40% of my retirement. I don't want to spend less to reduce my tax burden. I don't agree with a national sales tax. People have to eat, clothes themselves etc. It will be a burden on lower earning Americans and that includes retirees.

Another view that states the revenues don't add up.


http://thinkprogress.org/economy/201...plan-analysis/
And how does this compare to a community organizer who has no experience with anything?
  #14  
Old 10-13-2011, 02:48 PM
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There is a lot to be said about some form of a Flat Tax, and scrapping totally the current tax code, and Steve Forbes said it well, again, on 9/20/11....

"Publisher and former presidential candidate Steve Forbes says a flat tax is still the best way to balance the budget and get the economy moving again.

"I think about 26 countries have the flat tax now, and it’s worked wherever it’s been tried," Forbes tells The Fiscal Times.

"You have a low rate, generous deductions for adults and for children, and you can literally do your tax return on a single sheet of paper.”

The $200,000-to-$250,000 a year incomes President Barack Obama considers “rich” occur during a couple’s peak earning years, says Forbes, making increasing taxes on salaries unfair.

“Also, because of our tax code, a lot of businesses are taxed at personal rates, so it will hurt businesses that employ 20-50 people,” he says. “It’s a capital destroyer.”

“Buffett only pays 17 percent of his income in taxes. When he talks, he mixes taxes on dividends and capital gains with taxes on salaried income.

In this country, Forbes explains, salaried income is taxed at the federal level at the high rate of 35 percent, and when state income taxes are added that figure can rise to 45 percent.

“Raising taxes on dividends, which Buffett implies we should do, destroys capital,” Forbes says. “And raising the tax on capital gains, where there is no certainty, as the market’s always reminding us, reduces risk-taking, which hurts enterprises for the future.”

Forbes says Congress “should repeal Obamacare and start over for a more patient-oriented health care system,” and “repeal Dodd-Frank because it does far more harm than good."

Pensions and Investments reports that a proposal from the Brookings Institution to replace the current 401(k) tax deduction with a flat tax credit has opened the door for further congressional brainstorming on ways to boost retirement savings, despite a lukewarm response from senators and dim prospects for legislative change.
© Moneynews. All rights reserved.
http://www.moneynews.com/StreetTalk/...9/20/id/411607

More specifics on his Flat Tax proposal were stated by Forbes in 1995:

"America needs to take a new road, one toward an expansion future that is bigger and better than our past. That's why I'm proposing today, and will be talking about throughout my campaign, a liberation movement to take power away from Washington and put it in the hands of the people. A "Boston Tea Party," if you will, that puts an end to the taxing and spending party in Washington, DC. I mean to free the mighty American economy from political repression.

The first element is dramatic pro-growth tax cuts.

I'm not talking "revenue neutral" fiddling with the tax code, the usual game in Washington that pretends to cut some taxes while raising others. And I'm not talking about fiddling around the "margins" cutting taxes that only help the well-to-do.

I am talking about across-the-board tax cuts that are deep and wide and permanent, that reach down to all Americans and get the suffocating weight of the IRS off their backs.

Start by scrapping the tax code. Don't fiddle with it. Junk it. Throw it out. Bury it. Replace it with a pro-growth, pro-family tax cut that lowers tax rates to 17% across the board and expands exemptions for individuals and children so that a family of four would pay no taxes on the first $36,000 of income.

Not one cent to the IRS on the first $36,000. Anything over that would be taxed at a flat, fair 17%.


The flat tax would be simple. You could fill it out on a postcard. It would be honest. It would eliminate the principal source of political corruption in Washington. It would be fair. Millions of people would be off the federal income tax rolls.

There would be no tax on Social Security. No tax on pensions. No tax on personal savings. It would zero out capital gains taxes. It would set off a boom by letting people keep more of what they earn and by lowering barriers to risk taking."
  #15  
Old 10-13-2011, 02:52 PM
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Quote:
Originally Posted by aljetmet View Post
Mr Cain was on Squawk Box a couple of mornings ago. When they asked him about foreign affairs, he really didn't have an answer. He has zero, nada experiece. He's a business man. I think his real agenda is to sell his book....

Richie
I do love the idea of the lower corparate tax rate. I need the earnings of my investments to pay for 40% of my retirement. I don't want to spend less to reduce my tax burden. I don't agree with a national sales tax. People have to eat, clothes themselves etc. It will be a burden on lower earning Americans and that includes retirees.

Another view that states the revenues don't add up.


http://thinkprogress.org/economy/201...plan-analysis/
So far you've reference MSNBC and ThinkProgress which are leftist arms of the media and you're not even skeptical that their conclusions might be skewed to make a conservative Republican look bad?

All reports you read could have different conclusions based on the data the preparer uses and are contingent on assumptions of how the plan will work in practice.

Of course Herman Cain is optimistic on the effects of his plan on the economy, and his detractors are pessimistic. So, in their individual analysis' the end result numbers are representative of their agenda.
 


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