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Obama's rival has a 999 plan
Who is Herman Cain?
He's the top front running candidate for the Republican party. He's Obama's rival in 2012. Could he win? Is Cain - Able?
Herman Cain is the former Chairman and Member of the MAFIA Board of Directors for the Federal Reserve Bank of Kansas City.
"The rich make a lot of money, and pay NONE of the taxes. The middle class makes a LITTLE bit of money and pays ALL of the taxes. The poor are just there to scare the crap out the middle class to keep them going to work everyday."
- George Carlin
ELECTROCUTE IMMIGRANTS
Herman Cain has proposed that illegal immigrants should be electrocuted by an electric fence when they try to cross the U.S. border illegally.
"It's going to be 20 feet high," Cain said, according to The New York Times. "It's going to have barbed wire at the top. It's going to be electrified. And there's going to be a sign on the other side saying, 'It will kill you -- Warning." Does that sound like a joke?
Cain now says he was only joking. Is electrocuitng immigrants funny? This man is the GOP front runner for US President? WTF?
Is Cain's 999 plan really a 666 plan?
There’s no doubt that Republican presidential contender Herman Cain’s 999 plan to overhaul the US tax code came out of nowhere. It calls for unprecedented drops to 9% tax rates on individuals and businesses, while imposing a national 9% sales tax, hence 999.
Jon Huntsman suggested the 999 plan came from an old pizza deal. Cain is the former CEO of Godfather’s Pizza. Michelle Bachmann added that 999 upside down is 666, the sign of the devil from the Christian Bible.
CAIN'S 999 IDEA CAME FROM A VIDEO GAME
Some believe Cain's 999 plan may have come from the popular computer game called SimCity.
Amanda Terkel explains: “Long before Cain was running for president and getting attention for his 999 plan, the residents of SimCity 4 — which was released in 2003 — were living under a system where the default tax rate was 9 percent for commercial taxes, 9 percent for industrial taxes and 9 percent for residential taxes.” These numbers are exactly the same as Cain’s.
The problem with the 999 plan, though, isn’t just that it may have been thought up as a simple video game parameter: rather, it is a wildly unfair taxing regime. Following Cain’s plan would provide a substantial tax cut to the richest Americans, subsidized by exorbitant tax hikes on the poor and middle class. According to a non-partisan economic report, this would lead to effective tax rates on everyone in excess of 27%, about double what most American families pay. Since the poor pay a higher percentage of their income than the rich on sales taxes, it’s possible that this plan will solidify higher tax rates for the poor than the rich — a reverse Buffett Rule.
Given those outcomes, it’s hard to believe it wasn’t cooked up in some video game.
Obama claims the only reason he isn't taxing the rich is because the Republicans won't let him. The only reason he didn't prosecute the financial rapists is because they didn't break any laws...not even fraud laws! People are buying this nonsense. Since Obama doesn't have any serious rivals to challenge him in 2012...looks like we're in for another 4 years of bombing and looting.
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