999 plan, social secruity and medicare

[The Goat]

social security, medicare, and medicaid are payroll taxes. the 999 plan says it will eliminate the payroll taxes. how will these programs be funded?



Phase 1 - Enhanced Plan

* Current circumstances call for bolder action.
* The Phase 1 Enhanced Plan incorporates the features of Phase One and gets us a step closer to Phase two.
* I call on the Super Committee to pass the Phase 1 Enhanced Plan along with their spending cut package.
* The Phase 1 Enhanced Plan unites Flat Tax supporters with Fair tax supporters.
* Achieves the broadest possible tax base along with the lowest possible rate of 9%.
* It ends the Payroll Tax completely – a permanent holiday!
* Zero capital gains tax
* Ends the Death Tax.
* Eliminates double taxation of dividends
* Business Flat Tax – 9%
o Gross income less all investments, all purchases from other businesses and all dividends paid to shareholders.
o Empowerment Zones will offer additional deductions for payroll employed in the zone.
* Individual Flat Tax – 9%.
o Gross income less charitable deductions.
o Empowerment Zones will offer additional deductions for those living and/or working in the zone.
* National Sales Tax – 9%.
o This gets the Fair Tax off the sidelines and into the game.