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Topic: 9-9-9 - page 4. (Read 4700 times)

hero member
Activity: 630
Merit: 500
October 26, 2011, 07:57:52 AM
#8
And then you have to pay 9% again when you actually use your earned money. And prices will be higher due to increased production costs.

My dad supported Cain until I told him that 9-9-9 included a 9% sales tax.

I find VAT and sale taxes "less evil" in their economic consequences than income taxes.
sr. member
Activity: 504
Merit: 252
Elder Crypto God
October 26, 2011, 07:36:16 AM
#7
bitcoin2cash: Propose an alternative.

No taxes. Pay for what you use. Privatize everything.

if you make 6 figures, 9% of your income has way less of an impact on your life than 9% from someone struggling to make ends meet on minimum wage

What you mean to say is that you feel less guilty stealing 9% of someone's money if they have a lot of it.
sr. member
Activity: 518
Merit: 250
October 25, 2011, 11:53:42 PM
#6
I've always been...baffled by why deductions exist. They seem like a blatant opening to game the system...they would be first on my list of things to go. Course as far as I'm concerned taxes should die in a fire, but I realize that's not going to happen.

Realistically I'd be pretty happy with pretty progressive income tax, no capital gains, state-set flat sales tax, and a "choose which science projects to fund" checklist.
hero member
Activity: 700
Merit: 500
daytrader/superhero
October 25, 2011, 10:30:13 PM
#5
So, I pay 9% of $300,000+ a year and you pay 9% of whatever McDonald's is paying these days?

if you make 6 figures, 9% of your income has way less of an impact on your life than 9% from someone struggling to make ends meet on minimum wage. flat tax overwhelmingly favors the wealthy.

personally, im happy with a progressive tax system like we have now (only i would raise them back to clinton era levels).

not gonna be a popular opinion on this board, but there it is.

vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
October 25, 2011, 10:29:57 PM
#4
I like the way one of his competing candidates put it: when you turn this 9-9-9 plan upside down, the devil's in the details.
administrator
Activity: 5222
Merit: 13032
October 25, 2011, 10:22:04 PM
#3
And then you have to pay 9% again when you actually use your earned money. And prices will be higher due to increased production costs.

My dad supported Cain until I told him that 9-9-9 included a 9% sales tax.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
October 25, 2011, 10:16:33 PM
#2
bitcoin2cash: Propose an alternative.
sr. member
Activity: 504
Merit: 252
Elder Crypto God
October 25, 2011, 10:07:14 PM
#1
So, I pay 9% of $300,000+ a year and you pay 9% of whatever McDonald's is paying these days?
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