×

Send A Raven's video: Herman Cain 9-9-9 plan would raise taxes on 84 of Americans

@Herman Cain 9-9-9 plan would raise taxes on 84% of Americans
Please help fund this amazing Ron Paul "Oath" Ad in the top Iowa Newspapers before the January 3rd caucus NOW! http://www.ronpaulforums.com/showthread.php?338013-Iowa-quot-Oath-quot-Ad-Campaign-Chip-In! http://twrocked.chipin.com/iowa-oath-ad-campaign-chip-in This is a TAX INCREASE!! Cain's 9-9-9 tax plan would raise taxes on 84% of U.S. households, according to an independent analysis by The Tax Policy Center. TPC says low- and middle-income families would be hit hardest, with households making between $10,000 and $20,000 seeing their taxes increase by nearly 950%. "You're talking a $2,700 tax increase for people with incomes between $10,000 and $20,000," said Roberton Williams, a senior fellow at the Tax Policy Center. "That's huge." Among those in the middle, households making between $40,000 and $50,000 would see their taxes increased by an average of $4,400, the report said. Those making between $50,000 and $75,000 would see their annual tax bill go up by an average of $4,326. Example: In Arizona, where someone currently pays a 9.01% sales tax, they would now be paying a 18.01% sales tax. That's ridiculous. That means $18.01 in tax for every $100 spent, instead of $9.01 under the current system. It more than doubles sales taxes in 47 states! Four states currently have no state sales tax (OR, MT, NH, DE) and they would see a dramatic rise to 9.00%. Alaska has a minimal sales tax of 1.12% which would increase to 10.12% under Cain's plan. No state in the nation currently has a sales tax that high. This is just sales tax, they still hit you with local taxes, property taxes, and the federal income tax! Herman Cain won't be able to control the buzzards in Washington, DC from increasing these rates over time either. They've never seen a tax they didn't like and expand upon. Wait till this goes incrementally to 12-12-12, 15-15-15, and then 21-21-21. Find your state sales tax here: Big Map 2009 Rates http://www.taxfoundation.org/UserFiles/Image/maps/sales_tax_2009_preview.jpg Small Map 2011 Rates http://www.resolvemytaxes.com/Portals/54108/images/State%20and%20Local%20Sales%20Tax%20Rates-resized-600.png

15

32
Send A Raven
Subscribers
10.1K
Total Post
59
Total Views
9.1M
Avg. Views
182.2K
View Profile
This video was published on 2011-10-15 20:01:46 GMT by @Send-A-Raven on Youtube. Send A Raven has total 10.1K subscribers on Youtube and has a total of 59 video.This video has received 15 Likes which are lower than the average likes that Send A Raven gets . @Send-A-Raven receives an average views of 182.2K per video on Youtube.This video has received 32 comments which are lower than the average comments that Send A Raven gets . Overall the views for this video was lower than the average for the profile.

Other post by @Send A Raven