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I keep reading stuff like this.Then I look at my situation,where the wife and I make about the 50 k you use an illustration and we pay over 5K in income tax.

AND I'M IN THE GENERATION THAT SEAN WANTS TO " HAVE SKIN IN THE GAME".

MacLorry and his ilk have given us Hussein, and would give us Romney (simply Hussein-lite/white).

Class and generational warfare, and a continual push toward socialism.

Ab-so-[bleep]-lutely....+100000

Yep.

You and your wife make $50k. 9% of that is $4,500. The rest of what you pay in taxes depends upon how much you buy, and how you buy it.

Just like everyone else.

Actually Cain picked the $50,000 income as it's the average according to his research.



The U.S. has had the current income tax system for nearly 100 years and you only need to go back to the late 90s to see that we can have both a balance federal budget and a booming economy with the current tax system. The real problem in the U.S. is the millions of good jobs that have been shipped overseas in the last 25 years. The job loss has finally reached a critical mass and no stuck on stupid 999 tax plan is going to magically fix that problem. As the OP said, Cain is a one trick pony and even if elected, Congress will never pass 999 and we'll be stuck with another unprepared president.

Agree with you mannlicher. I like the idea of the 9-9-9.

The best way to keep the tax and spenders out of office via voting is to have everybody taxed, and everybodies money spent. Then people will actually start taking things seriously.

Calvin, please don't try to make sense.

Yet ordinary income is taxed at 9% and then again at 9%. So why should Warren Buffett and other wall street fat cats get a lower tax rate under Cain's plan than most other Americans?



And yet you were find with double taxing a Roth IRA where the money put in was already taxed as income under the current system.

Looks like you doing class warfare yourself, Komrade.

Income is taxed at 9%, whether ordinary or dividend, and taxed again when spent.

Never said anything about a ROTH IRA being double taxed, and likely that'd be considered capital gains.

You and those like you have spent generations trying to destroy this nation by dividing people into classes and generations and pitting them against one another. It's almost worked, and likely still will.

You, and those like you, are the greatest disgrace to the United States and to free people that the world has ever known, and hopefully future generations will line up to piss on your graves. Assuming that they are not all in work camps that your ilk would have them assigned to...

As you all know if everyone was paid their gross income each pay period and had to send in the taxes, tax reform would happen overnight. If you ever had it in your hand you would realize how much money we are talking about.

The first thing you need to realize that YOU , and I , are not typical of our generations.WE are among the BLESSED.

Did YOU have anything to do with being born to parents who would point you toward college and probably help you financially?

Did EITHER of US choose OUR intellects and physical abilities which allowed us to maybe earn more than the average guy and not have to barely scrape by in retirement?

You need to get off your high horse , MISTER , and understand that YOU ARE BLESSED -NOT SUPERIOR .

And so for the grand sum of $706 per year, this hypothetical family of four should expect to receive the world's best national defense, free health care for their kids (i.e. S-CHIP), good roads and bridges, free health care for millions of the poor (i.e. Medicaid), a War on Drugs, farm subsidies, subsidized higher education (PELL grants and more tax credits), loan guarantees to Solyndra, and on and on.

Seems like this "stuff" would quickly add up to more than $706 per year. But, not to worry. We'll just put it on the national credit card and let our kids pick up the tab, plus interest - paid to China!

My parents never helped at all; they couldn't afford it. Hell, we barely had enough to pay bills, and quite frequently rotated between which bill to pay on what month just to have enough.

Never said I was superior. Only the same as every other American, and want to be treated and taxed like it; the same as every other American.

Why other folks continue to find excuses as to why they, or someone else, is so "special" to be considered and treated/taxed differently is beyond my conception of what it means to be an American.

No need to believe ABC, just run the numbers yourself. You'll find that a couple with 50,000 in social security and Roth IRA income would see at least a $4,500 increase in their federal taxes under Cain's plan.

That's "transperant even to most of America's dummies who can't" figure their own taxes under Cain's plan.

That's pretty cryptic...go ahead, don't hold back, tell him what you really think!....

Coalcraker, you need to add in the payroll taxes to your figures too.

As the people for Cain's plan like to point out, they also pay $3,825 in payroll taxes. Having kids may be a personal choice, but without the next generation of law abiding citizens our society will cease to exist. Maybe it's smart to invest a bit in kids.

Yeah... invest in them, and instead of having everyone treated and taxed equally now, and then....

We'll just stick them with a huge bill to cover our "more equal" pig's asses getting by now.

It's those very attitudes that come across to millions of hard working Americans in a bad way VA.

Millions of Americans will never, never be able to save for their retirement, and get by, without help (which is what Social Security was designed for). They work at Wal-Mart, Mazzio's, McDonald's, Best Buy, and other similar jobs because that's their station in life...through no fault of their own. They don't have the cognition, means (financial or otherwise), or ability (for many reasons that aren't their fault) to be upwardly moble to the degree that they can live, and save for their retirement. Period. But they work hard at the jobs that they do have nonetheless. They're dedicated, work 40 hours a week (often more), and do the best they can...like all the rest of us do. I'm not talking about welfare leeches who choose not to work...I'm talking about millions of hard working people in this country who simply don't, and won't, make enough money to save for their retirement as lots of us have. F'em?

And lots of these jobs held by these people I'm referring to do not provide insurance. They're having enough trouble paying to live...they have families too. No way they can pay for health care out of their pocket, especially if they require anything more than a check up. Chances are their families are gonna be in the same socioeconomic class as they are...so, not much help there. Especially for items like regular Rx. medications, or procedures and/or treatments. And God forbid they, or their spouse or one of their children, get a disease, like pancreatic cancer or brain cancer or liver failure or renal failure. Charities can help, some...but the needs of these unfortunate folks tremendously outweigh the charities available. A catastrophic illness or injury could make a pauper out of a rich man if he had to pay for those medical expenses out of his pocket. F'em? Die?

Didn't you just post on another thread, today, Bible verses about 'doing unto others as you'd have them do unto you' and 'loving your neighbor as yourself' and 'not speaking evil of others' and 'not judging others'?