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<blockquote data-quote="klein" data-source="post: 882750" data-attributes="member: 23950"><p>Lets see how Cain is going to pick your pockets instead :</p><p></p><p>Those are all the bullet points from Cain’s plan. My thoughts/questions:</p><p></p><p>1. When he says, “ends all payroll taxes” what does that mean for Social Security?</p><p></p><p>2. He’s not clear regarding dividends but I believe he says dividends are tax free at corporate level and taxed as income at the individual level. I like this idea.</p><p></p><p>3. A 9% federal sales tax. I’m guess this would be on top of state and local taxes. That means in Texas, it would cost me 17.25% to buy something (8.25% + 9%). Not sure I like that.</p><p></p><p>4. Although I understand the rationale for ending the death tax, I can’t say that I’m 100% for complete elmination. That said, it would make planning very simple if we didn’t have the death tax.</p><p></p><p>I’m sure I have other thoughts and questions but these were what I came up with off the top of my head. Sadly, I don’t think Mr. Cain will get the nomination but I do like his ideas.</p><p>Thoughts?</p><p><a href="http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/0/da" target="_blank"><img src="http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/0/di" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p><a href="http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/1/da" target="_blank"><img src="http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/1/di" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p><a href="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:yIl2AUoC8zA" target="_blank"><img src="http://feeds.feedburner.com/~ff/AllFinancialMatters?d=yIl2AUoC8zA" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a> <a href="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:D7DqB2pKExk" target="_blank"><img src="http://feeds.feedburner.com/~ff/AllFinancialMatters?i=RsKz2R7Yf1s:O1UgvpyJ41s:D7DqB2pKExk" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a> <a href="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:F7zBnMyn0Lo" target="_blank"><img src="http://feeds.feedburner.com/~ff/AllFinancialMatters?i=RsKz2R7Yf1s:O1UgvpyJ41s:F7zBnMyn0Lo" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a> <a href="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:gIN9vFwOqvQ" target="_blank"><img src="http://feeds.feedburner.com/~ff/AllFinancialMatters?i=RsKz2R7Yf1s:O1UgvpyJ41s:gIN9vFwOqvQ" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p></p><p>Read more<a href="http://www.favstocks.com/herman-cain%e2%80%99s-999-plan-for-economic-growth/1779082/" target="_blank"> here</a> (and yes, it's a pro-Cain website, too) !!!</p></blockquote><p></p>
[QUOTE="klein, post: 882750, member: 23950"] Lets see how Cain is going to pick your pockets instead : Those are all the bullet points from Cain’s plan. My thoughts/questions: 1. When he says, “ends all payroll taxes” what does that mean for Social Security? 2. He’s not clear regarding dividends but I believe he says dividends are tax free at corporate level and taxed as income at the individual level. I like this idea. 3. A 9% federal sales tax. I’m guess this would be on top of state and local taxes. That means in Texas, it would cost me 17.25% to buy something (8.25% + 9%). Not sure I like that. 4. Although I understand the rationale for ending the death tax, I can’t say that I’m 100% for complete elmination. That said, it would make planning very simple if we didn’t have the death tax. I’m sure I have other thoughts and questions but these were what I came up with off the top of my head. Sadly, I don’t think Mr. Cain will get the nomination but I do like his ideas. Thoughts? [URL="http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/0/da"][IMG]http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/0/di[/IMG][/URL] [URL="http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/1/da"][IMG]http://feedads.g.doubleclick.net/~a/qk63PTuG1T2dEHyqZSOOxWO67gQ/1/di[/IMG][/URL] [URL="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:yIl2AUoC8zA"][IMG]http://feeds.feedburner.com/~ff/AllFinancialMatters?d=yIl2AUoC8zA[/IMG][/URL] [URL="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:D7DqB2pKExk"][IMG]http://feeds.feedburner.com/~ff/AllFinancialMatters?i=RsKz2R7Yf1s:O1UgvpyJ41s:D7DqB2pKExk[/IMG][/URL] [URL="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:F7zBnMyn0Lo"][IMG]http://feeds.feedburner.com/~ff/AllFinancialMatters?i=RsKz2R7Yf1s:O1UgvpyJ41s:F7zBnMyn0Lo[/IMG][/URL] [URL="http://feeds.feedburner.com/~ff/AllFinancialMatters?a=RsKz2R7Yf1s:O1UgvpyJ41s:gIN9vFwOqvQ"][IMG]http://feeds.feedburner.com/~ff/AllFinancialMatters?i=RsKz2R7Yf1s:O1UgvpyJ41s:gIN9vFwOqvQ[/IMG][/URL] Read more[URL="http://www.favstocks.com/herman-cain%e2%80%99s-999-plan-for-economic-growth/1779082/"] here[/URL] (and yes, it's a pro-Cain website, too) !!! [/QUOTE]
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