What do you think of Herman Cain's 9-9-9 plan?

Jump to Last Post 1-7 of 7 discussions (7 posts)
  1. Shawn Scarborough profile image75
    Shawn Scarboroughposted 7 years ago

    What do you think of Herman Cain's 9-9-9 plan?

  2. kayecandles profile image60
    kayecandlesposted 7 years ago

    much better than Obama's things will get better at some point plan.

  3. sam3m profile image60
    sam3mposted 7 years ago

    the plan sounds as if it had been devised by a cpa from cleveland...oh, wait, it was.
    i am retired earn $60k/ yr.  the 999 plan would cost me an additional $3400 in fed. taxes and an additional 9% added to our local 8.75% sales tax.
    at the same time, my wealthier neighbors would experience a tax reduction.
    another conservative republican making sure that the greed of the rich remains well-nourished.

  4. brages07 profile image60
    brages07posted 7 years ago

    Personally, I am not a fan.  The 9% sales tax makes no sense at all.  How is the economy supposed to grow if we discourage people from buying products.  Producing is nice, but does not mean much if no one buys the product.  Secondly, it would not encourage people to save because people do not need encouragement to save, they money to save.  For 30 years, median middle class income adjusted for inflation has declined.  Add the fact that the cost of living has steadily increased over that same period.  The result is that people have nothing to save.  This plan does nothing to address that fact.  As far as cutting taxes to stimulate the economy goes, we extended the Bush tax cuts last December and seasonally adjusted unemployment has been 9.1% for three consecutive months.  Even Ron Paul calls the plan regressive.  I guess we should expect this from a guy that proudly admits to knowing very little about politics.

  5. adagio4639 profile image77
    adagio4639posted 7 years ago

    If his 9% sales tax only applies to new products, why would anybody buy a new car? What kind of impact would that have on the auto industry? What is the incentive for buying a new car and paying an additional 9% when you can buy a year old car and avoid it. So, after destroying the auto industry what's next? How about the building and construction trades? Nobody would build a new house. So, new housing construction would be impacted. In fact why would anybody buy anything new?

    If I live in a state without an income tax like Florida, I now get a 9% income tax. If I live in New Hampshire where there is no sales tax, I now get a 9% sales tax. If I live in a state like Alabama with a 9% sales tax, I now get another 9% on top of that so the tax is now 18%. So now a great percentage of an average persons income is spent on this crap. The rich person gets his taxes lowered to 9% and the fact that he has more disposable income to begin, with means that the entire plan has no adverse affect on him at all, while at the same time stomps on the average person who now spends a greater percentage of his money for his everyday expenses. Herman's apples and oranges explanation is nothing but fruit salad designed to put more money into the pockets of the rich.

  6. justom profile image63
    justomposted 7 years ago

    He should go back to selling pizza, $9.99 for a large 4 topping sounds good,,,but then Godfathers? Maybe not :-P

  7. Gail Meyers profile image85
    Gail Meyersposted 7 years ago

    How could wiping out the current tax code and replacing it with a 9-9-9 plan increase federal taxes by $3,400 of someone making $60k a year?  Currently, the lowest tax rate I am aware of is 15%, so 9% would be a decrease.  Off of the top of my head, I do not recall if $60/k is in the 25% or 35% range.  It replaces the current tax structure - It does not add to it.  How does a 9% sales tax discourage someone from buying?   Our current sales tax is right at 9% now.  Actually, about 30 to 40% of the price of goods is from various taxes added to the cost.  So the price of goods would actually decease and encourage people to buy.  Herman Cain has turned one company after another around.  That's exactly what this country needs, instead of someone running spending billions to accomplish nothing.  Cain would chew Obama up and spit him out in a debate, while Obama stood there whining about it being Bush's fault.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)