Keep It In Your Pants Herman!

[Dan Kone]

He lobbied against smoking bans, lowering the legal driving blood alcohol level, and increasing minimum wage. Yea a real terrible guy

I'm also wondering where you got the idea where he wants to "stop taxing wealthy people"
I'm pretty sure he wants EVERYONE to pay the same amount, no special treatment. And that's a bad thing? lol

His "999" plan ends capital gains taxes and the national sales tax puts a higher burden of taxes on the poor and lessor burden on the rich. So no, everyone won't be paying the same amount. And yes, that's a bad thing.

 

[Johnny Retro]

His "999" plan ends capital gains taxes and the national sales tax puts a higher burden of taxes on the poor and lessor burden on the rich. So no, everyone won't be paying the same amount. And yes, that's a bad thing.

Why are "wealthy people" only affected by capital gains? Someone making 15k a year can be affected by capital gains also, just depends what your doing with your money. And, you and I both buy the same products, thus paying the same 9% sales tax. Again, no special treatment. It could even be said that it puts a bigger burden on wealthy, because they are buying more expensive things.

 

[UncleBuck]

It could even be said that it puts a bigger burden on wealthy, because they are buying more expensive things.

are you kidding me?

you don't seem to comprehend, or are willfully ignoring, the operative word: "burden".

of course, people who buy more will pay more under any flat tax, like a sales tax. the question is, will they be "burdened".

i make near the poverty level, about $15k a year. i spend about $4k a year on stuff besides rent and bills. that would be an extra $360 per year bill on me, about 2.4% of my income.

someone who makes 20 times what i do will not spend 20 times what i do on stuff that is applicable to a national sales tax. someone who earns 100 times i do will not spend 100 times what i do on stuff that is applicable to a national sales tax.

in other words, MORE BURDEN will shift to those who can least afford it, while LESS BURDEN will shift to those who can afford it.

i should also mention that my state has no sales tax, and i detest spending money in any state that does. so fuck even the idea of a national sales tax.

and righties accuse lefties of wanting to be like canada and europe. LOL!

 

[Johnny Retro]

are you kidding me?

you don't seem to comprehend, or are willfully ignoring, the operative word: "burden".

of course, people who buy more will pay more under any flat tax, like a sales tax. the question is, will they be "burdened".

i make near the poverty level, about $15k a year. i spend about $4k a year on stuff besides rent and bills. that would be an extra $360 per year bill on me, about 2.4% of my income.

someone who makes 20 times what i do will not spend 20 times what i do on stuff that is applicable to a national sales tax. someone who earns 100 times i do will not spend 100 times what i do on stuff that is applicable to a national sales tax.

in other words, MORE BURDEN will shift to those who can least afford it, while LESS BURDEN will shift to those who can afford it.

i should also mention that my state has no sales tax, and i detest spending money in any state that does. so fuck even the idea of a national sales tax.

and righties accuse lefties of wanting to be like canada and europe. LOL!

So I should pay more because I was smart enough to lift myself out of poverty? I should pay more because I took a risk and am reaping the benefits? Someone that busted their ass their whole life, but when they finally make it, should pay more? The logic there doesn't make sense..

 

[Ringsixty]

I'm not going to condem the man just yet. I really don't care for unanimous sources anyway. Give us all the facts and the sources. Then I will decided. I'm not so easily swayed like some of the sheep in our country.
The truth is everyone has something embarrassing in their past. . Sometime, I have flash backs of stupid things in my past...damn!
Who every gets elected. Can not be a choir boy or girl. That person has to have a spine and a pair.

Theodore Roosevelt's motto "Speak Softly and Carry a Big Stick,"

Insert Presidents name here_________________ motto "Yell loudly and carry a big shovel"

 

[sync0s]

I'm much less worried about Cain's lack of macking skills and much more concerned with the fact that

A) he's a former lobbyist. We don't need a corporate lobbyist as president.

b) he's running a campaign financing scam where his publishing company is selling books to his campaign so he can pocket donor's money

c) in all likelihood he's going to be under investigation for violation of campaign financing laws for donations he's taking into his campaign from a nonprofit that is funded anonymously.

d) he want's to stop taxing the wealthy and shift the burden on to the middle class/poor.

Every thing about this guy suggests that if elected he will auction off the country to the highest bidder for his own personal gains. That's why people should really be against Cain becoming president.

I had heard someone mention the possibility of him just running for president so that he can market himself and his books and that he likely doesn't have the actual intentions of winning. But I digress.

 

[Dan Kone]

Why are "wealthy people" only affected by capital gains?

The 1% on the average are getting 90% of their income from capital gains. Cain want's to stop taxing that 90% of their income all together. That's some bullshit.

Someone making 15k a year can be affected by capital gains also, just depends what your doing with your money.

GTFO. Someone making 15k a year is deciding whether they'd rather eat or pay rent. They aren't investing in hedge funds. That's a weak argument.

And, you and I both buy the same products, thus paying the same 9% sales tax.

The top 400 wealthiest families in America have more money than the bottom HALF of Americans. Those wealthiest 400 families don't spend the same portion of their income in the market as the bottom 160 million Americans. Those bottom 160 million Americans are spending nearly all their income after rent in the market out of necessity. They don't have a choice in the matter. They have to eat. Wealthy folks simply have no need to spend as much as 400k poor people. The tax doesn't effect them as much as the poor/middle class.

Every assessment of 999 agrees that it shifts the tax burden from the wealth to the poor.

Again, no special treatment. It could even be said that it puts a bigger burden on wealthy, because they are buying more expensive things.

Well you can say that if you want, but it'd be an outright lie.

http://www.politifact.com/truth-o-meter/statements/2011/oct/18/herman-cain/herman-cain-says-9-9-9-plan-does-not-raise-taxes-t/

 

[Dan Kone]

I had heard someone mention the possibility of him just running for president so that he can market himself and his books and that he likely doesn't have the actual intentions of winning. But I digress.

He has a bright future at Fox news

 

[UncleBuck]

So I should pay more because I was smart enough to lift myself out of poverty? I should pay more because I took a risk and am reaping the benefits? Someone that busted their ass their whole life, but when they finally make it, should pay more? The logic there doesn't make sense..

that's because you are purposely twisting the logic (as well as ignoring the majority of cases).

progressive taxation is not implemented BECAUSE you 'were smart', 'took a risk', 'busted your ass' or 'finally make it'. it is implemented IN SPITE of all that.

you are also ignoring the vast majority of cases where someone who busts their ass and makes a minimal living, while someone who was simply born or married (or hustled their way) into a more privileged lifestyle.

in any case, you do not even seem worthy of my effort. to roast someone requires me to gather firewood, water, start a fire, etc.... so i will save my effort from here on out.

 

[sync0s]

He has a bright future at Fox news

Lol, indeed. Ironically that was one of the mentioned possible goals.

 

[UncleBuck]

I had heard someone mention the possibility of him just running for president so that he can market himself and his books and that he likely doesn't have the actual intentions of winning. But I digress.

i have been saying that he is just running to sell books for a while now.

 

[RyanTheRhino]

are you kidding me?

you don't seem to comprehend, or are willfully ignoring, the operative word: "burden".

Yes the word burden.... These giant corporations that pay millions of dollars in taxes. While all the Occupy Wall Street people take the metro subsidies by these taxes. This allows them to travel and protest the same companies that made it cheap enough for them to assemble. .

 

[Dan Kone]

So I should pay more because I was smart enough to lift myself out of poverty?

And because that good life you gave yourself was dependent on America's infrastructure. You benefit more from the nations taxes than a poor person.

I should pay more because I took a risk and am reaping the benefits? Someone that busted their ass their whole life, but when they finally make it, should pay more? The logic there doesn't make sense..

Well lets look at Herman Cain himself. He made most of his money by taking control of Godfathers pizza, firing everyone, closing stores, then keeping the corporation's money for a personal gain. Herman Cain wasn't making the pizzas, cleaning the bathrooms, driving the pizzas to people's homes. It wasn't him "busting his ass". He simply screwed a bunch of people out of their jobs and took the money. Yeah, people like that should pay more.

 

[UncleBuck]

Yes the word burden.... These giant corporations that pay millions of dollars in taxes. While all the Occupy Wall Street people take the metro subsidies by these taxes. This allows them to travel and protest the same companies that made it cheap enough for them to assemble. .

want me to start naming the companies that made billions, and got a refund?

i can, ya know.

 

[Carne Seca]

I'm much less worried about Cain's lack of macking skills and much more concerned with the fact that

A) he's a former lobbyist. We don't need a corporate lobbyist as president.

b) he's running a campaign financing scam where his publishing company is selling books to his campaign so he can pocket donor's money

c) in all likelihood he's going to be under investigation for violation of campaign financing laws for donations he's taking into his campaign from a nonprofit that is funded anonymously.

d) he want's to stop taxing the wealthy and shift the burden on to the middle class/poor.

Every thing about this guy suggests that if elected he will auction off the country to the highest bidder for his own personal gains. That's why people should really be against Cain becoming president.

Yeah, but the American public can only focus on one thing at a time (for brief periods). Sex scandals always seem to generate moderate interest.

 

[Dan Kone]

Yes the word burden.... These giant corporations that pay millions of dollars in taxes

Some of them pay nothing in federal taxes. Some of them get free welfare from the government so they can write themselves bigger bonus checks.

. While all the Occupy Wall Street people take the metro subsidies by these taxes. This allows them to travel and protest the same companies that made it cheap enough for them to assemble. .

That infrastructure also makes it possible for these companies to make their obscene profits. Who's really benefiting more from those tax dollars, the guy with the bus pass or the guy who made a billion dollars off our country's infrastructure? Yeah, the billionaire can pay his fair share.

 

[Dan Kone]

Yeah, but the American public can only focus on one thing at a time (for brief periods). Sex scandals always seem to generate moderate interest.

It's too bad. I could really care less where some politician sticks his dick. If a president can fix the economy and put everyone back to work, I wouldn't care if he was taking our tax money to buy $1000 whores every night of the year. Worth it. Other people's sex life has no real effect on me.

 

[RyanTheRhino]

want me to start naming the companies that made billions, and got a refund?

i can, ya know.

want me to start naming the companies that got refunded because they lost money that year but still paid taxes based on their projected growth... even though they paid taxes the rest of their existence.

 

[Carne Seca]

I had heard someone mention the possibility of him just running for president so that he can market himself and his books and that he likely doesn't have the actual intentions of winning. But I digress.

But what he didn't take into account was the intense scrutiny he would be under. Little did he know (and he should have known) that it would be open season when he declared his candidacy. A wiser man would have spared himself the ordeal. Why would anyone buy a book from that kind of idiot or trust him to run a company?

 

[RyanTheRhino]

If you could combine every tax on your friends and family in their "life time "it would come no where near the taxes lets say what exon has paid in one year.

okay so they didn't have to paid the year before but compared to their total you have paid 0 (Zero) Nothing