Hidden taxes or 9-9-9??

I am guessing that you honestly believe that Herman Cain would make a good president ?  Wow !  How folks can open up and swallow hard when hearing the silliness that he comes out with in the debates... just mystefies me.  I so hope he gets the nomination. 

Then, he can join the ranks of Bob Dole, John McCain, and others who got blown out of the water in past presidential elections.

I am so 100% with you.  Even if the 9/9/9 didn't bring in enough initially, we can simply print the money like our government has been doing.  In the longer run, it is a guarantee that such a simplistic code would make the economy change, return manufacturing to our shores, etc.  It's a good idea.  It would be unfortunate if it became 10/10/10 in the end, and everyone beat him up over it.  The reality is, 10/10/10 would be great. 

In the end, the one problem is that thousands of attorneys, accountants, IRS agents, etc. would be out of work.  I'd be out as I now do estate tax appraisals and gift tax appraiasals.  They wouldn't be needed anymore, nor would all I've learned in my 20+ years of doing this work be useful any longer. 

Despite it all - I'm in.  It will take some personal sacrifices to save a great country.

Herman Cain is adding that 9 percent tax to services, too.  So, instead of a 6 percent commission, the sellers will pay a 15 percent commission.  And if you want to buy a NEW home, add that 9 percent sales tax to the price.  Oh, he is a realtor's best friend. 

Bob

In theory the solution sounds like an easy and effective solution to a bigger problem. Based on the personalities of our current administration and respective houses it would be a tough sell to get a tax bill passed. Right now too many ego's are involved and nothing is being done for the local municipalities or their citizens.

He is personally not my pick at all. Lots of politicians talk but very few walk the walk.

Hi Bob,  Pretty weak group to choose from.  This is Cain's moment in the limelight.  Economists are looking at his proposal and with that will come a rapid fall in his standings !

How much would you save on reduced CPA or tax attorney expenses?

Smaller IRS?

The point is: all these taxes, assessments, rebates, loopholes, etc do NOT benefit the taxpayer they only benefit the special interest groups. I would rather pay 10% on every purchase than spend a month trying to figure out my tax return.

There are pre-bates and rebates that can help the truly poor. Unlike Mr. Buffet, who thinks taxes should be higher, but is fighting his $1 billion tax bill!

Whether it is 9-9-9, 10-10-10... or even 3-3-3!!  Still is an invasion upon our "private property rights".  Not just real estate... but our INCOME!  Nothing would please me more than a politician running for the Presidency that would abolish the IRS as we know it today.. abollish the tax amendment taxing our INCOME, come up with ONLY a consumption tax that becomes equal to ALL, capital gains to equal the consumption tax, TERM limitations for Congress (2 is enough), NO retirement for Congress (they must pay into their OWN retirement plan), NO HEALTHCARE for them paid BY US, they must contribute into the same as we do, etc!!  Just some simple changes, to bring those elected politicians back to Earth!!

Oh, also.. an outside firm to investigate ALL of the CONGRESS and WH administration / staff, and go after those that have committed crimes against this country and the taxpayers, and prosecute them to the fullest!!  We all know which ones they should start with, too!!

Whew....

Dan in #9:  Wow... what a bizarre rant your comment is.  I sure am glad that you only have one vote.  Your suggestions for our government are a quick recipe for disaster.  You show a definite lack of understanding for so much.  and yes... I said the same thing after I read your entire comment.  Whew !

Dan, I will have to agree with your thinking here. Time to make drastic changes!

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Bravo, bravo, bravo, Nick!  I don't know the details of 9-9-9, but I like the concept.  Everyone paying the same percentage, tax code simplified...he has my attention just with those to statements alone. 

One great way to start would be to get the Senate up to 60 Democrats, and the House back with a Democratic majority.  Then we might be able to get something done. 

I rather get rid of the IRS all together and eliminate any Federal taxes. When selling the IRS to the American public in the early 1900's, they told us that it would be 1% of our income. It then grew to a huge burden with countless pages of laws. 9-9-9 just gives the government a new revenue stream. I found it wonderful during the debate when they asked Cain how he can prevent 9-9-9 from becoming a higher number, his last statement was that, as president, he wouldn't let it go higher. Then you can hear Ron Paul say "You're not going to be president forever" before the commercial break.

Look, Cain's idea of 9-9-9 is a disaster. Cain, himself, is not intelligent enough to understand the issues facing us today. whether it be foreign policy or monetary policy, he is a failure. Romney is just a politician with Liberal leanings. Bauchman means well, but she still doesn't understand the issues well enough to be a great leader.

Looking through the field, the only one who has been warning us of what will happen and why it will happen is Ron Paul. The only one that understands economy, foreign policy and monetary policy is Ron Paul. The only one candidate that fully understands our rule of law is Ron Paul. People should be giving this guy more attention. 

I came across Ron Paul after reading a book called "None dare call it a conspiracy" and researching the information in the book. Ron Paul (among others) were the only ones talking about the role of the Federal reserve at a time when most Americans had no idea what the Federal Reserve was.