Originally Posted by KatzPajamas

VK, Are these incentives to bring business back to the States?
~Features zero tax on capital gains and repatriated profits
~Lowest marginal rates on production
~Allows immediate expensing of business investments
http://www.hermancain.com/999plan

Everybody's so caught up in the aspects of this plan on the surface, that they're failing to see what's deeper in the strategy.

Originally Posted by buggyone

This is just a question and not an arguement - With the 9-9-9 tax plan of Herman Cain, exactly what is the difference between a National Sales Tax and a Value Added Tax?

I tried to give an example. Using the example I created, the national sales tax would collect more taxes and make products more expensive for the consumer to buy.

The other big difference is that the national sales tax would be very visible to the consumer. He'll know when 9% is added to his purchase to pay a sales tax. The VAT tax is much more "invisible". It is added to the selling price of products at every level of production. Only when the product is sold to the consumer does he become aware of the additional cost resultant from the VAT.

Originally Posted by RichieLion

Everybody's so caught up in the aspects of this plan on the surface, that they're failing to see what's deeper in the strategy.

What are ya saying??

Originally Posted by KatzPajamas

What are ya saying??

I was agreeing with your previous post and extrapolating. I guess my brevity didn't make that clear enough.

Originally Posted by RichieLion

I was agreeing with your previous post and extrapolating. I guess my brevity didn't make that clear enough.

Greatly respect your insight and opinion and so was curious to know if you were letting me know that I am being mislead...ThanKs!