Wow! That's a great idea for job growth...
Eliminate collective bargaining rights and turn every state into "right-to-work" states, then let's tax the states - or "double-tax" those states that already pay a state sales tax - and run more people out of those states that didn't have a state sales tax to begin with and impose a larger tax burdern on those states that do.
That's real clever of Herman Cain...real clever indeed.
I have two things to say about Herman Cain's new tax policy:
1) "9-9-9" does nothing except give tax relief to the wealthy and apply a double-sales tax on most states, if he can get his tax policy through Congress.
2) By his own admission implements, his consumption tax is nothing more than a "Thrift-Store Sales Tax" on the poor and the middle-class.
"Who would pay more? The people who spend more money on new goods. The sales tax only applies to people who buy new goods, not used goods. That's a big difference," Cain told NBC (on
Meet the Press).
From his own lips, ladies and gentlemen. Voters beware...if you can't afford to buy new, you better start hitting up yard sales or the clearance racks at your local retail store or get into Extreme Couponing because under Cain's tax plan the only way to avoid paying the higher sales tax rate is to never buy anything new. Start accepting the fact that you'll have to accept your father's old tools or for you ladies your moms old dresses. Better yet, make your own! But you can't 'cause you'll get taxed on the new material.
This man's tax plan is a joke!!!
Compared to the current tax system, which is ****in awesome. Huh?