I do have a question for presidential candidate Herman Cain with his 9-9-9 tax proposal.
If we institute a 9% Federal tax is that to be added on top of state and city taxes? In Tennessee very little is excluded from sales tax. That would have citizens in this part of the world paying close to a 20% sales tax every time they buy anything.
Can you say regressive, and let’s tax the poor a bigger percentage of their incomes. I suppose his argument would be to point to the 9% income tax, but many of the our poorest citizens pay little or no taxes now. There is another whammy on this group. Especially so since many of these folks are the hard core unemployable, uneducated, disabled, or facing other life circumstances keeping them down. ( I know a lot of folks will argue with me, but I do not believe that the percentage of folks willing to not work and live hand to mouth is that large.)
Could there be some meaning to 9-9-9. If you turn it upside down it is 6-6-6.
I ran across this little tidbit after I posted this article:
“Without bold alternatives, Americans desperate for big solutions are attracted to bold crackpot ideas like Herman Cain’s “9-9-9” proposal, which would raise taxes on the poor and cut them for the rich.”
The above quote is from an article by Robert Reich at commondreams.org
To see the whole article follow this link: The Meagerness of the Republican Debates, the Smallness of the President’s Solutions, and the Need for a Progressive Alternative