reply to post by wtbengineer
Everyone doesn't get the same deductions mate, don't presume to know how it works across the board. 8-9% on 100k income? You're either lying
(most likely) or cheating (quite possible).
reply to post by marg6043
HAHA .. I know, I don't expect much out of him I just like Cain because he's a rouge underdog and I seriously think he would consider Ron Paul as a
running mate. All in all though his tax plan is impossible, but at least he's thinking outside of the box on the issue. Frankly I'm sick and tired
of paying for other peoples way through life while the rich and the poor get off scot-free.
Herman Cain's 9-9-9 tax doesn't include State Taxes - do people know this!!?, page 2
privacy
reply posted on 18-10-2011 @ 03:22 PM by marg6043
reply to post by Rockpuck
I agree, congress will never let go the taxing of their money gravy train.
You know I can not believe sometimes that we pay more in taxes in my
home that what my son makes in one year.
Sad.
I agree, congress will never let go the taxing of their money gravy train.
You know I can not believe sometimes that we pay more in taxes in my
home that what my son makes in one year. Sad.
reply posted on 18-10-2011 @ 07:04 PM by wtbengineer
reply to post by Rockpuck
Well I do know how the tax system works after over 35 years of doing my own. The thing is you get your taxable income down through exemptions and deductions (all legal) so that the total tax owed only works out to be in that range in relation to your gross income. This is not counting real estate taxes and state/local taxes. If you count all that then no, my tax bill is not that low at all. Of course, Cain's plan isn't counting all that either.
Well I do know how the tax system works after over 35 years of doing my own. The thing is you get your taxable income down through exemptions and deductions (all legal) so that the total tax owed only works out to be in that range in relation to your gross income. This is not counting real estate taxes and state/local taxes. If you count all that then no, my tax bill is not that low at all. Of course, Cain's plan isn't counting all that either.
This is how the right wing is going to turn states into third world countries one by one
Posted 1 days ago with 9 member flags
Posted 1 days ago with 9 member flags
Tell me I am wrong-- everyone should vote conservatively and act liberally
Posted 18 days ago with 6 member flags
Posted 18 days ago with 6 member flags
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