999 and Republican Radicalism

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Joined: 6 May 2016
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15 Jul 2017, 10:18 am

I am not sure if many of you think all that much about Herman Cain and what he represented. To many he has kind of become irrelevant over the years, and seen as a terrible candidate. However what he represented in 2012 I now find to be deeply fascinating. He proposed that all taxes be reduced as low as possible to 9% flat tax. Which included a decrease of the current average income tax of around 25% to just 9%. With that the USA would see a vast drop in the revenue it receives and would not be able to support the country in the way it can now.

I am struck by the level of support this gained at the time. Paul Ryan, who is now House Speaker endorsed the plan and said it was a great idea. Does this mean that we can expect more radical and extreme policies from the Republicans in the future as it is clear, Paul Ryan really does believe these ideas will do good for the country.

What do you think?

LoveNotHate
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15 Jul 2017, 11:00 am

The rate was 0% for most of the history of the US, so 9% is OK.

I itemize, and with the deductions like the yearly home office deduction, and I usually reduce my effective rate down to 8-12%.

This seems like a PPR topic.

Darmok
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15 Jul 2017, 11:15 am

Shahunshah wrote:

to just 9%. With that the USA would see a vast drop in the revenue it receives and would not be able to support the country in the way it can now.

See, this breathtaking description illustrates how completely upside-down the left-wing picture of the world is.

Corrected description: "With a low flat tax, the government bureaucracy would see a vast drop in the tax revenue it receives, it would not be able to parasitize the country the way it can now, the level of government corruption would drop, and the people would experience a sharp increase in national wealth and prosperity."

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AspieUtah
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15 Jul 2017, 11:48 am

President Kennedy reduced income tax rates for the middle class and the wealthy, and guess what? The federal government enjoyed a windofall of excess revenue! Yes, cutting taxes helps the economy, and all taxpayers are able to see that the federal government can help the needy, too. Where's the downside?

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Shahunshah
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17 Jul 2017, 3:44 am

AspieUtah wrote:

From what I understand social services take up over 30% of the total budget. In order to finance such things you would need a good supply of revenue, such which comes from taxes. What Herman Cain is talking about is slashing the source of half the government's income in half.

jrjones9933
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21 Jul 2017, 3:43 pm

AspieUtah wrote:

It seems facile to ignore the level from which the taxes have been reduced.

We have a lot more infrastructure than we used to, and it's falling apart, people! We also don't let sick and disabled people starve in the streets nearly as often.

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Kraichgauer
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21 Jul 2017, 8:29 pm

He needs to stick to making pizza.

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EzraS
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27 Jul 2017, 7:45 am

Can't there be some middle ground between 25% to 9%.

Aristophanes
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27 Jul 2017, 8:11 am

Darmok wrote:

Shahunshah wrote:

to just 9%. With that the USA would see a vast drop in the revenue it receives and would not be able to support the country in the way it can now.

Time Article

Quote:

Nine out of ten government employees are not behind-closed-doors bureaucrats. They’re people involved in direct services, who we come in contact with daily: They’re teachers, soldiers, policemen, parks and recreation employees, hospital workers, transportation workers. The preponderance of the 23 million public employees — across federal, state, and local government — are directly serving the people. Nearly half work in education — from K-12 to community colleges to research universities. And roughly 10 percent are active-duty military or involved in police protection.

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