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Meet The Candidates: 2012 GOP Thread

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Old 10-14-2011, 12:23 AM   #331
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Re: Meet The Candidates: 2012 GOP Thread

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Originally Posted by Slingin Sammy 33 View Post
I haven't done detailed reading on the 9-9-9, but at first pass this phase (Phase 1) is very similar to FairTax (where Cain is ultimately going), what will happen is with corporations/manufacturers/distributors having a lower corp tax rate (or no corp tax under FairTax), the embedded cost for taxes within a product will be forced out by the market. An item that previously cost $ 100 + say 8% state sales tax = $ 108 for item. Under FairTax, the cost of the item would be reduced by slightly less than the Federal Sales tax, so that $ 100 item would now cost $93 + 8% state sales tax + 9% Federal Sales tax = $ 108.81. I'm not exact on the numbers/percentages but that's the concept.

Keep in mind payroll taxes & medicare taxes (which are highly regressive) and fed income taxes are gone. IRS is greatly reduced, tax loopholes gone, underground economy is now taxed at point of sale. Prebate checks are sent out to all valid SS card holders in US to cover for essentials using current HHS poverty level guidlines.

Americans For Fair Taxation: Americans For Fair Taxation

Herman Cain Rebuts Misleading Ad Against FairTax - YouTube
You have stated the ideals and potential benefits now the question I have is what are the problems with this plan? Just looking at what you wrote and what I gathered from Cain's speeches I see holes a few sizes bigger than Andy Ried's waist line in this plan.
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Old 10-14-2011, 05:07 AM   #332
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Re: Meet The Candidates: 2012 GOP Thread

first problem is that 9% of someones pay thats making $25000.00 a year is a helluva a chunk compared to someone making $100000.00
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Old 10-14-2011, 08:57 AM   #333
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Re: Meet The Candidates: 2012 GOP Thread

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first problem is that 9% of someones pay thats making $25000.00 a year is a helluva a chunk compared to someone making $100000.00
How much does someone who makes 25K pay in SS & Medicare tax? Right now I believe it is 7.2% SS and 1.6 Medicare. That person's company is required to match those amounts. Under FairTax SS & Medicare income taxes go away.

Let's look at the dollar amounts: 25K = 2,250.00 100K = 9,000.00

The person making 100K is already paying 4 times as much in Fed taxes, why should the person making 100K be forced to pay a higher percentage as well? What gov't services does that person making 100K use that dicates paying a higher % in addition to the higher $$$. While we're at it, why should a single person pay a higher percentage than a married person?

Another point often ignored by detractors of FairTax is the prebate check which would be sent to every SS card holder in the U.S. to cover the taxes paid on essential items.

www.fairtax.org is the website. All the information about the plan, including FAQs are there. There are also two books out by Neal Boortz and Congressman John Linder on the FairTax, great reads if you are interested.
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Old 10-14-2011, 09:01 AM   #334
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Re: Meet The Candidates: 2012 GOP Thread

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You have stated the ideals and potential benefits now the question I have is what are the problems with this plan? Just looking at what you wrote and what I gathered from Cain's speeches I see holes a few sizes bigger than Andy Ried's waist line in this plan.
Here's a letter of support of the FairTax plan signed by (80) independent economists.

Americans For Fair Taxation: An Open Letter to the President, the Congress, and the American people Concerning Reform of the Federal Tax Code

Let me know where you see specific problems and I'll address them as best I can.
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Old 10-14-2011, 10:15 AM   #335
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Re: Meet The Candidates: 2012 GOP Thread

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Meg Whitman and Carly Fiorina, two women that have run Fortune 500 companies, both lost races last November for senator and governor, respectively. Linda McMahon, CEO of WWE, is another example of a person with business acumen, but wasn't able to translate her successful background into winning a national race. I think people tend to overstate the importance of a business background when considering candidates for national office. It's important, but as much as people hate to admit it being a credible and effective politician actually matters more. You don't govern in a vacuum.The American economy isn't like signing checks for GM; compromise really is the name of the game.

That's why Donald Trump is such a non-starter on so many levels. He spent months wasting time requesting to see Obama's birth certificate while the president was busy giving the green light to kill Bin Laden. Made a fool of himself and has been pretty quiet ever since. Trump's also on the record telling China to go eff themselves and he'd take America's share of oil from middle east countries - no questions asked. He just isn't a serious candidate. Point blank.

The best thing that could happen to the Republican party is for some of the Tea Party congressmen to lose their seats next year. If I'm the GOP I'd be less concerned with maintaining a very unpopular majority in Congress and returning to sensible policy that encourages good candidates to step forward and run for office, than making a bunch empty threats about repealing Obamacare, overturning abortion, and shutting down the government. Get on with the business of the country for crying out loud.
Well hold on there partner.... lol,

1st para- I don't think the candidate themselves need to have had experience in running their campaign but they definitly need a campaign manager who has experience. I'll agree with you that it's probably overstating when people play up the business background, cause technically you could have a idiot running the country so long as he hires some really good advisers.

2nd para- Trump was doing what he does best, playing to the public. There is a large number of people out there who still don't believe Obama's certificate was real and Trump was being Trump, meaning it put him on TV, his name was in the paper, he made news. It forced Obama to show his hand and honestly it was a weak hand. I don't think it embarrassed Trump more then it has embarrassed Obama for two reasons:

1- It was childish and showed a lack of maturity when Obama made his little joke about Trump at the dinner. Then to learn the President had just prior to the joke given his ok to green light someone.

2- Obama being forced to provide a certificate with a number as to the birth order of each citizen in that state and it doesn't match up with his date of birth? His birth number is directly after twins that were born just before him yet his birth day he gives is 3 days prior to their birth day? WTF?
Critics: Obama’s Latest Long-Form Birth Certificate Is a Fake …Update: More Expert Opinion | The Gateway Pundit

3rd para- I agree they do need to go candidates who are more likely to do a better job and or win the election and ask them to step up to the plate for their party and make a run at it instead of bowing out and letting them. States are fighting Obama care and trying to repeal it not so much the Republicans, heck several Republicans signed the darned thing agreeing with it. If one party does not like what the other party is presenting they try to use the whole shutting down of the gov. as leverage. The Democrates have done the samething in years past. Personally I'd rather see our elected officials vote for what is best for the common man whom put them in their offices vs. making decisions based along party lines or giving a vote in order to get a vote. Someone also needs to put a stop to the Pork Belly BS. Don't add 15 other issues to one bill and make it a pass all or nothing. Force our elected officials to do their jobs and vote on each item independantly.
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Old 10-14-2011, 10:31 AM   #336
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Re: Meet The Candidates: 2012 GOP Thread

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Originally Posted by Slingin Sammy 33 View Post
Here's a letter of support of the FairTax plan signed by (80) independent economists.

Americans For Fair Taxation: An Open Letter to the President, the Congress, and the American people Concerning Reform of the Federal Tax Code

Let me know where you see specific problems and I'll address them as best I can.

That's nice, the link provided didn't answer the question I asked. How about you give it a try?
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Old 10-14-2011, 10:44 AM   #337
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Re: Meet The Candidates: 2012 GOP Thread

So Obama showing his birth cert made....Obama look foolish? Um...big fat fail, sir. And some "expert" maintains it's still a fake? C'mon man.
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Old 10-14-2011, 11:29 AM   #338
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Re: Meet The Candidates: 2012 GOP Thread

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first problem is that 9% of someones pay thats making $25000.00 a year is a helluva a chunk compared to someone making $100000.00
Its not really 9%. Its more like 9% minus 7.65% (not exactly, but close enough). Whats so important to understand about the 999 plan (and maybe the Fair Tax) is that both employee and employer payroll taxes are eliminated and the payroll taxes the employer would otherwise pay becomes an instant bonus to the employee.


2 single people without kids currently:


Making 25k. Pays 7.65% (1,900) payroll taxes and around 12% (2,750) effective income tax rate for a total of $4,650 or about 19%

Making 100k. 7.65 (7,650) payroll and around 19% (19,000) effective income tax rate for a total of $26,650 or 26%


999 Plan:

Making 25k: Now makes 26,913 due to the 7.65% “bonus” from the elimination of employer provided payroll tax. Total taxes at 9% are now $2,422

Making 100k: The bonus pops him up to 107,650 and taxed at 9% brings his total to $9,688


The problem with the above comparison is that its completely flawed to think about these people as making different amounts but otherwise the same. There are hundreds of thousands of different tax situations that could make either person pay more or less than the other, due to credits and deductions. Plus there are family and cost of living factors to be considered. Should a person who only makes 25k but lives at home and has their parents pay for everything be taxed the same as the girl trying to make it on her own without any family support. And is someone’s financial situation the same as mine if we make the same amount but they live in NYC while im stuck in Richmond? How about the person who loves what they do and the person who hates their job, should one be taxed less if they make the same? Or manual vs. white collar or employer vs. employee. And retail vs. service vs. production vs. government? The responsible thing to do is to tax everyone the same percentage at the income level while giving support through training and temporary aid for the poor.


The only accurate comparison of the current tax vs. 999 plan is to first understand that only 53% of households actually pay income tax and those that do will automatically be better off plain and simple. The vast majority of the remaining 47% that pay no income taxes will also be better off, although 10% will not be (those who pay no income or payroll taxes due to refundable credits). My guess is that in addition to those 10 another 5% or so would also be adversely affect, although, at a greatly diminishing rate. However the entire 15% or so would only be worse off by extremely small amounts. Im thinking around 2-3% maybe less.


But there are still benefits for those techniqely worse off. Instead of forcing the poor to wait for their tax refund they will be getting 6.3% more each pay check and not have to worry about filing and being concerned how much theyre actually gonna get this year, being unprepared for the times they get significantly less then what they are used to, and being forced to wait to make certain purchases centered around tax refund time. Plus the “time value of money” alone will make up for a big part of that 2-3%. I do think you would have to coincide the 999 plan with welfare reform so some of the very poor don’t get screwed over, but the changes should be minimal and most would agree its time for reform anyway.


Basically the vast majority of people will be better off, although the rich may be “more better” off in a relative comparison. It sometimes seems like people are okay with being worse off as long as the rich are “more worse” off.
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Old 10-14-2011, 12:37 PM   #339
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Re: Meet The Candidates: 2012 GOP Thread

Few questions since you guys are to cowardly to ask and answer the obvious tough questions.


1. Are you planning on mandating the payroll tax be given to employees as bonuses as part of the tax code overhaul or will you leave that up to the employers?

2. What about grandma and grandpa who don't have income? Where are their bonuses going to come from or should I say their medicare and social security?

3. Let's not forgot about the future of our children too...where the hell is the money to pay down the debt going to come from? I am guessing not from the plummeting tax revenue.

4. What if you're disabled? Are you on your own or will there be any safety net for you?

Last edited by saden1; 10-14-2011 at 12:38 PM.
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Old 10-14-2011, 12:43 PM   #340
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Re: Meet The Candidates: 2012 GOP Thread

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So Obama showing his birth cert made....Obama look foolish? Um...big fat fail, sir. And some "expert" maintains it's still a fake? C'mon man.
It was an embarrassment because Obama thought by simply showing his or a fake certificate the public would shut up and move on. Instead it brought about more questions which he has failed to answer. He would have been better off simply saying he couldn't locate a copy and move on as he had done for the first part of his tenure.
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Old 10-14-2011, 01:06 PM   #341
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Re: Meet The Candidates: 2012 GOP Thread

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It was an embarrassment because Obama thought by simply showing his or a fake certificate the public would shut up and move on. Instead it brought about more questions which he has failed to answer. He would have been better off simply saying he couldn't locate a copy and move on as he had done for the first part of his tenure.
What on God's green earth are you talking about? And for the love of Christ, please stop trafficking World Net Daily, Jerome Corsi, and the rest of those nuts over there.

The State Dept says his citizenship is good, the state of Hawaii, which has a Republican Gov., have provided both long and short forms. But of course all of these different players, the White House included...and don't forget the FBI and Supreme Court, that have thrown out case after case, are all a part of a mass cover-up to keep Obama in office. Yeah, okay.
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Old 10-14-2011, 01:17 PM   #342
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Re: Meet The Candidates: 2012 GOP Thread

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It was an embarrassment because Obama thought by simply showing his or a fake certificate the public would shut up and move on. Instead it brought about more questions which he has failed to answer. He would have been better off simply saying he couldn't locate a copy and move on as he had done for the first part of his tenure.

There's absolutely no doubt in my mind that a credible news organization such as CNN isn't enough to persuade you, because in your mind CNN is in collusion with gov't officials at every level to cover-up this embarrassment. In fact, I'm sure there was a secret internal memo circulating to literally thousands of federal and state government employees forbidding them to come forward and blow the lid off this whole thing.

CNN investigation: Obama 'birther' claims have no merit - CNN

Last edited by 12thMan; 10-14-2011 at 01:19 PM.
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Old 10-14-2011, 01:25 PM   #343
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Re: Meet The Candidates: 2012 GOP Thread

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Originally Posted by SBXVII View Post
It was an embarrassment because Obama thought by simply showing his or a fake certificate the public would shut up and move on. Instead it brought about more questions which he has failed to answer. He would have been better off simply saying he couldn't locate a copy and move on as he had done for the first part of his tenure.
oh wow. SBX you really sounding like a Trump supporter on this one.
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Old 10-14-2011, 01:54 PM   #344
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Re: Meet The Candidates: 2012 GOP Thread

We're really back on this birther crap?

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Old 10-14-2011, 02:19 PM   #345
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Re: Meet The Candidates: 2012 GOP Thread

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It was an embarrassment because Obama thought by simply showing his or a fake certificate the public would shut up and move on. Instead it brought about more questions which he has failed to answer. He would have been better off simply saying he couldn't locate a copy and move on as he had done for the first part of his tenure.
Amen brother....preach on. I was thinking the other day how it's possible for a man not born here to be president and it dawned on me that the mother fcker has to be the most connected person in the history of the world! I mean, you got to figure a shit ton of people are helping him cover it all up. Sometimes I wonder if the GOP is in on it too. Or maybe they're just powerless to stop whoever is behind Obama's presidency? Who do you think is that powerful? The mob? The Illuminati? The Freemasons? The Saudis? Skill and Bones?


All of this makes you think the world ain't right. Hopefully it isn't too late to take our country back.

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