David Hanson rebuts Herman Cain: Try the 0-0-0 Plan
In his return to WorldNetDaily.com commentary, David Hanson rebuts Herman Cain's 9-9-9 scheme with a plan of his own: 0-0-0.
No income tax, no sales tax, no corporate tax.
To eliminate the shortfall, Hanson suggests dramatic spending cuts and a federal tax on all state budgets.
Read the article here:
http://www.wnd.com/index.php?fa=PAGE.view&pageId=350621
Be sure to share the 0-0-0 plan with any media and social networks with which you are involved.
actually, the only one of those taxes i can't find a major flaw with is the corporate taxes; after all, corporations do apply for and receive special privileges and protections from the government. but, corporate taxes should probably be paid to the government issuing the protections (usually a state).
Ron actually advocated raising corporate taxes during his 1996 re-entry to Congress, and I suspect this was his very reasoning. Wish I could find the issues questionnaire that contains that.Originally Posted by Voluntary Man
Corporations that lobby and receive subsidies and regulations should be exempt from any tax cut.
The idea of 'corporate taxes' is a farce. Corporations don't pay taxes. *WE* pay corporate taxes through higher prices hidden in the good or service's cost.
It's like property taxes. Do property owners pay the property tax? Or do renters through a higher rent? Property taxes ultimately hurt those with the least assets, money and income the most. Same as Corporate taxes.
I'm intrigued by this proposed tax on State budgets. I don't know exactly how I feel about it or what it's implications are. Not saying I agree with it, just that it's intriguing.
Last edited by Sentient Void; 10-01-2011 at 03:47 PM.
"If men are good, then they need no rulers. If men are bad, then governments of men, composed of men, will also be bad - and probably worse, due to the State's amplification of coercive power." - Ozarkia
"Big Brother is watching. So are we." - WikiLeaks
Laissez-nous faire, laissez-nous passer. Le monde va de lui meme.
This/\
He said it all.
Yet state taxes will simply be a tax on the people paying state taxes. Just like those who pay corporate taxes through higher prices. I say end the federal government all together.
Last edited by Carehn; 10-01-2011 at 04:11 PM.
Terminus tela viaticus!
Corporations always pass the buck on consumers.
The two ways corporations pay taxes:
Raising prices (so in the end we, the consumers, pay)
Cutting costs (lowering wages, so in the end we, the workers, pay)
I don't think that's true. Ron has never advocated any tax increase on any individual or business. I believe he wants the corporate tax rate to be 0% now. That's what the rate should be.
Realistically, the federal government is never going to cut enough spending to make up for the revenue that would be lost by abolishing the income tax. That's simply a fact. The only viable alternative is to replace the income tax with a consumption tax, because at least with a consumption tax, people have more of a choice in how much in taxes they end up paying. If we actually returned to Constitutional government we wouldn't need either an income tax or a consumption tax, but realistically it's not likely that Congress will ever reduce the size of government in any significant way.
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