Well it seems there continues to be all kinds of opinions but none of the detractors seem to have actually read the plan or have the ability to understand it or comment on it without going into some kind of unrelated rant.

Here, let me actually serve it up for those who fail to understand.
Please read it before going off on another tangent of BS.

http://www.hermancain.com/999plan

A few things caught my eye while reading Cain's idea.

He says his plan would "end the IRS as we know it". What does that mean - as we know it? It will be something else that we do not know what it will be?

Also, "•Ends nearly all deductions and special interest favors

•Ends all payroll taxes

Income tax deductions such as interest on home mortgage will no longer be allowed. This is one big deduction that all of us used or still use and I would not like to see that go away; would you?

Ends all payroll taxes - this means Social Security tax will not be taken out of your paycheck - thus meaning Herman Cain wants to abolish Social Security? If he does not mean that, how is Social Security going to be collected if it is not out of your paycheck?

These are a couple of things seemingly glossed over that may make a lot of difference in who you want to vote for.

Originally Posted by Villages Kahuna

A lot of people forget history. I try not to. In this instance, I'm sure Newt Gingrich would like to avoid any discussion of his role in de-regulating the banks, a move which ultimately lead to the financial crisis of 2007-8.

In 1999, Gingrich was the Speaker of the House in the 105th Congress and along with Senate Majority Leader Trent Lott and Senator Phil Gramm of Texas, jammed thru legislation that repealed the Glass-Steagall Act of 1932. Glass-Steagall was the law that separated commercial banks from investment banks, prohibiting commercial banks from becoming involved in trading and the use of exotic financial products using the capital of the banks to leverage into those new and highly risky businesses and products.

Both houses of Congress were heavily lobbied by the banks, who wanted the prohibitions on them becoming involved in those highly profitable but risky busVKVinesses lifted. The commercial bankers desperately wanted a piece of the huge bonuses being earned by the Wall Street investment bankers.

The repeal of the laws and regulations that for 70 years had kept the U.S. banking system strong and safe and capable of providing the credit needed for a strong economy was the "beginning of the end" and lead to the almost complete failure of our banking system less than ten years later.

I'm sure Gingrich wouldn't want to be questioned on his role in getting the repeal of Glass-Steagall jammed thru the House. That's a part of his personal history that I'm sure he'd like to forget...and he'd certainly like us to forget!

VK thanks I did forget it was Newt et a, repeal of Glass-Steagall

Let me be frank: I am trying as hard as I can to like anyone of the Republican candidates, and while anyone is far superior to Obama, I wish the candidates list could be extended.

What we are getting from most of them is their narrative when what we want is a more detailed explanation of what they will do

I honestly don't think the elimination of payroll tax will mean the abolishment of SS. That's my guess.

In any event here are my thoughts and they are not political I'm just interpreting what I've read.

My family would actually come out ahead except for me(when I retire).

Dividends and capital gains are eliminated. My brother earns all his money in capital gains ( no he does not trade stock). He supports anyone who wants to keep cap gains as low as possible. He is now a Cain supporter!

My son-in-law gets paid as a consultant so he's stuck paying SS for himself and the employer. Normaly that's 12.4% taken write off the top. So by paying only 9% he's gonna be ahead.

For those folks eaning a living they would normally save 6.2% ( 4.2% in 2010)
So normal folk get a break as well.

Now how about retirees:

They will pay 9% on their SS. I presume they will also pay 9% on any pension they receive. They will also pay 9% on their 401K withdrawls.

So retirees, unless I'm wrong and I hope I am, we're screwed.

Originally Posted by buggyone

A few things caught my eye while reading Cain's idea.

He says his plan would "end the IRS as we know it". What does that mean - as we know it? It will be something else that we do not know what it will be?

Also, "•Ends nearly all deductions and special interest favors

•Ends all payroll taxes

Income tax deductions such as interest on home mortgage will no longer be allowed. This is one big deduction that all of us used or still use and I would not like to see that go away; would you?

Ends all payroll taxes - this means Social Security tax will not be taken out of your paycheck - thus meaning Herman Cain wants to abolish Social Security? If he does not mean that, how is Social Security going to be collected if it is not out of your paycheck?

These are a couple of things seemingly glossed over that may make a lot of difference in who you want to vote for.

Already figured out the difference for our household. Would drop our taxes owed in half!!! That is huge! and it is without the deductions on Schedule A! We can take that dough and invest it...Mr. Katz is chomping at the bit for that opportunity. Then won't have to depend on SS, and hopefully younger generations follow suit. What is left of SS should be put in lock box, for real this time, to be invested and grow so that those already dependent on SS will be able to continue to collect.

The guy with the Muslim name. I am a God fearin', gun totin' guy (got Osama for Jesus sake), and want to create a national sales tax of 9 percent. Yeah, it'll cost you more...for example my plan defunds Social Security and Medicare..plus it double taxes you when you spend the money you saved (and previously paid taxes on) and you now have to pay a national sales tax to use it...but, I love my God and my Black Walnut ice cream...so you gotta support me.

Truely...You'd string this guy up. Why, well, given your value set, I understand.

Why you don't wanna string up the real guy who created the real 999 is beyond me.

Strange Fruit.

Originally Posted by harbor53

The guy with the Muslim name. I am a God fearin', gun totin' guy (got Osama for Jesus sake), and want to create a national sales tax of 9 percent. Yeah, it'll cost you more...for example my plan defunds Social Security and Medicare..plus it double taxes you when you spend the money you saved (and previously paid taxes on) and you now have to pay a national sales tax to use it...but, I love my God and my Black Walnut ice cream...so you gotta support me.

Truely...You'd string this guy up. Why, well, given your value set, I understand.

Why you don't wanna string up the real guy who created the real 999 is beyond me.

Strange Fruit.

Haven't you heard? Obama is old news. We is picking the new President.

Michelle Bachman was asked what she thought of 9-9-9 and she said "26?"

Originally Posted by harbor53

The guy with the Muslim name. I am a God fearin', gun totin' guy (got Osama for Jesus sake), and want to create a national sales tax of 9 percent. Yeah, it'll cost you more...for example my plan defunds Social Security and Medicare..plus it double taxes you when you spend the money you saved (and previously paid taxes on) and you now have to pay a national sales tax to use it...but, I love my God and my Black Walnut ice cream...so you gotta support me.

Truely...You'd string this guy up. Why, well, given your value set, I understand.

Why you don't wanna string up the real guy who created the real 999 is beyond me.

Strange Fruit.

Welcome back, I guess. But this post is a little dark and bizarre and wrong on the facts. Please read the plan. Nothing you've said is anywhere close to the truth of Herman Cain's plan.

Are you talking about stringing up African-American Republican candidate Herman Cain?

Lamestream media has ignored or demonized the Tea Party Movement from the beginning and giving these Wall Street protesters prime time. Why?

If there was any question how far left the Lamestream media leans, this should take away all doubts. It would be hilarious if it wasn't so pathetic.

Originally Posted by villagegolfer

Lamestream media has ignored or demonized the Tea Party Movement from the beginning and giving these Wall Street protesters prime time. Why?

If there was any question how far left the Lamestream media leans, this should take away all doubts. It would be hilarious if it wasn't so pathetic.

Trite....tiresome.

Originally Posted by DaleMN

Trite....tiresome.

Thank you for adding clarity to this subject. I really look forward to your in depth analysis.

Originally Posted by RichieLion

Welcome back, I guess. But this post is a little dark and bizarre and wrong on the facts. Please read the plan. Nothing you've said is anywhere close to the truth of Herman Cain's plan.

Are you talking about stringing up African-American Republican candidate Herman Cain?

RL:

Maybe you aren't interested in more strange fruit..but I bet some of your fellow believers are totally OK with the idea

Originally Posted by harbor53

RL:

Maybe you aren't interested in more strange fruit..but I bet some of your fellow believers are totally OK with the idea

I think that people who talk in riddles really think they are KOOL.

Originally Posted by harbor53

RL:

Maybe you aren't interested in more strange fruit..but I bet some of your fellow believers are totally OK with the idea

For that matter...we need to deal with these cult non-Christian religions. Of course this doesn't address the inherent arrogance that we think we look like the creative source and that our belief in that reduces us to New World ****es..but, heck...isn't that just splitting hairs in the face of floods, fires, and other man-made disasters?

BTW - you don't like our Prez...I agree and the reckoning is coming. You better hope we handle it on these shores..because the majority of the rest of the great unwashed on this planet will be less than kind.

Lastly - don't think I believe they are noble...they aren't. They are hungry, ignorant and angry ... and we stupidly arm them and wind them up with images of wealth and with random drone strikes.

Our ability to fight among ourselves in the face of a larger reality is almost thrilling in its suicidal tendency.