Cold Pizza from Herm Cain

[Derechos]

By almost any measure — social, political, economic, logical — Herman Cain’s 9-9-9 tax plan is nuts, nuts, nuts. Go ahead and jack up the price of nearly everything that moves in the United States with a 9 percent national sales tax on all new purchases and services. Talk about instant branding: every time you buy something, you’ll be hit with the Herm Cain tax at the checkout line.

And this is just the start. The nearly 50 million filers whose main federal tax is now a payroll deduction and not an income tax would see their overall bill from the government increase by nearly 100 percent. This conclusion comes from the economists and fact-checkers who have actually looked at the napkin sketch of a plan Cain got from some accountant friend of his in Cleveland.

In essence, Cain is proposing the largest shift in tax burden from the wealthy to the poor and middle class in the nation’s history. Oh, and he apparently would scrap the two great government programs that keep millions clinging to fragile middle-class status — Social Security and Medicare — because he wants to eliminate the payroll taxes that now pay for those insurers of dignity.

We are forced to seriously consider this bizarro-world, reverse-Robin-Hood scheme, one that would junk the entire federal tax code for a 9 percent flat rate on corporate earnings, personal income and retail sales, because of the astonishing news that Republicans have elevated Cain to the top of their field in three polls released over the last 48 hours.

http://opinionator.blogs.nytimes.com/2011/10/13/cold-pizza-from-herm-cain/?ref=opinion

[lbrtbell]

1. All of a sudden, Republicans are no longer racist

They accept insane people of all colors.

[mattclearing]

7. LOL. n/t

[Fire Walk With Me]

2. I believe "999" is only popular because it's easy to remember and repeat, even without understanding

it.

[pinboy3niner]

3. It's Plan 999 from Outer Space

[GReedDiamond]

4. Hmmm...Plan 999 From Outer Space...

[pinboy3niner]

5. ROFL!

That's perfect! :rofl:

:thumbsup:

[GReedDiamond]

6. I just made a subtle adjustment to the image...

..."a GOP release."

Please copy and disseminate.

Edit for typo.

[n2doc]

8. And of course, certain income sources are exempt from his taxes

Like Estate and capital gains income. And offshore biz income. Because we all know Everybody has those income sources!

He also says the poor can avoid the sales tax by buying used items. Should work real well for food and rent.