Meet The Candidates: 2012 GOP Thread

Poor Newt. I mean, its getting embarressing now.

You don't have to be that smart to know that any flat tax is regressive towards the lower earners in the income bracket. If I were Cain I would have trouble explaining how the total taxes on goods would be around 17 percent to the largest segment of voters who consume most of their income.



TTF

Yr6rVVuBwO8


Well when you pay nothing and then pay something your going to take the largest hit.

Well when you pay nothing and then pay something your going to take the largest hit.

They pay nothing? They already pay sales tax, property taxes, and state income taxes. I mean, it's not their fault that when it's all said and done they make so little income and consume most of their income to live a normal life.

Screwing people who make 40K or less isn't a winning formula and will hardly generate any meaningful income for the government seeing how 16 million of those who pay no taxes are the elderly and the plan calls for no taxes on the elderly at all.

I hear under Cain's plan, Buffet would pay roughly 1% income tax plus a few thousand dollars for his food, lawn maintenance and travel expenses...oh and that big screen TV that will be charged at 17%. LOL...ludicrous!

They pay nothing? They already pay sales tax, property taxes, and state income taxes. I mean, it's not their fault that when it's all said and done they make so little income and consume most of their income to live a normal life.

Screwing people who make 40K or less isn't a winning formula and will hardly generate any meaningful income for the government seeing how 16 million of those who pay no taxes are the elderly and the plan calls for no taxes on the elderly at all.

I hear under Cain's plan, Buffet would pay roughly 1% income tax plus a few thousand dollars for his food, lawn maintenance and travel expenses...oh and that big screen TV that will be charged at 17%. LOL...ludicrous!

Screwing seniors was Bill Clinton when he added the tax to SS.

You will have to pay federal taxes on your Social Security benefits if you file a federal tax return as an individual and your total income is more than $25,000. If you file a joint return, you will have to pay taxes if you and your spouse have a total income of more than $32,000.
Use the Internal Revenue Service (IRS) Notice 703 shown on the back of the Social Security Benefit Statement, SSA Form 1099, to determine if any of your benefits may be taxable.
Social Security has no authority to withhold state or local taxes from your benefit. Many states and local authorities do not tax Social Security benefits. However, you should contact your state or local taxing authority for more information.

Ludicrous, is the example you used and our current tax system.

Screwing seniors was Bill Clinton when he added the tax to SS.

You will have to pay federal taxes on your Social Security benefits if you file a federal tax return as an individual and your total income is more than $25,000. If you file a joint return, you will have to pay taxes if you and your spouse have a total income of more than $32,000.
Use the Internal Revenue Service (IRS) Notice 703 shown on the back of the Social Security Benefit Statement, SSA Form 1099, to determine if any of your benefits may be taxable.
Social Security has no authority to withhold state or local taxes from your benefit. Many states and local authorities do not tax Social Security benefits. However, you should contact your state or local taxing authority for more information.

Ludicrous, is the example you used and our current tax system.

I agree with you...taxing people who have minuscule income that is distributed by the government itself is idiotic.

A lot of people seem to have remarkable faith in the market despite what has transpired the last few years...amazing!

You don't have to be that smart to know that any flat tax is regressive towards the lower earners in the income bracket. If I were Cain I would have trouble explaining how the total taxes on goods would be around 17 percent to the largest segment of voters who consume most of their income.



TTF

Yr6rVVuBwO8



Guy is not just a idiot. He's a ****ing idiot. Another rich businessman trying to pass off to the poor/middle class that somehow giving the rich guys a tax break is going to create jobs. One thing you do not want is some ex-corporate asshole who's most likely going to be looking out for corporate America. We've tried that since Reagan's era and look where it's got us. Didn't create shit. Jobs were STILL sent overseas all the while they enjoyed those luxurious tax breaks to make their pockets that much fuller.

Guy is not just a idiot. He's a ****ing idiot. Another rich businessman trying to pass off to the poor/middle class that somehow giving the rich guys a tax break is going to create jobs. One thing you do not want is some ex-corporate asshole who's most likely going to be looking out for corporate America. We've tried that since Reagan's era and look where it's got us. Didn't create shit. Jobs were STILL sent overseas all the while they enjoyed those luxurious tax breaks to make their pockets that much fuller.

I'd love to know your def. of an idiot because it seems like he has been pretty successful but I guess any ****ing idiot could accomplish what he has done.

Thats right I'd rather have a career politician that does not no a thing about business that thinks spending a trillion dollars will do something. Then when that fails he decides he now needs to spend another 500 billion to creat those same jobs that he never created with the first trillion.

I'd love to know your def. of an idiot because it seems like he has been pretty successful but I guess any ****ing idiot could accomplish what he has done.

Thats right I'd rather have a career politician that does not no a thing about business that thinks spending a trillion dollars will do something. Then when that fails he decides he now needs to spend another 500 billion to creat those same jobs that he never created with the first trillion.


Well, if you are still trying to peddle the "give us rich folk tax breaks and jobs will come", then that in my definition is a idiot. The bigger idiots actually believe it. It doesn't work, never has, and never will.

Nobody said keeping a career politician is the answer. I'm 100% for term limits to 4 years MAX. I'm 100% for ending any and all corporate (and business) donations to campaigns, and actually making them illegal. I'm 100% getting corporate America out of bed with our politicians, and he's just another asshole trying to keep the status quo.

See if anybody can make this out...

YSGLBAinETc

Beemn, basically Cain is saying his personal conviction is that he doesn't believe in abortion. He's Pro-life. But nor does he believe, as a matter of policy, the government should be involved with a woman's choice to terminate a pregnancy.