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Herman Cain 9-9-9 disaster plan
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<blockquote data-quote="klein" data-source="post: 890082" data-attributes="member: 23950"><p>You know, I a way I hope Moreluck gets her 9-9-9 tax.</p><p></p><p>She'll love to be a much larger share then she already does.</p><p>She owns rental properties</p><p> </p><p>Under todays tax code she can write all repairs off she needs for them. Wih 9-9-9 NOTHING becomes a write-off.</p><p>So, for instance a furnace or a/c unit dies. She gets to buy a new one, plus 9% extra tax on it, plus labor costs to install it.</p><p>Comes right from her pocket - no more deductions !</p><p>A larger job, like new roofs.. that will set her back, and she can find another job soon to pay for it all LOL</p></blockquote><p></p>
[QUOTE="klein, post: 890082, member: 23950"] You know, I a way I hope Moreluck gets her 9-9-9 tax. She'll love to be a much larger share then she already does. She owns rental properties Under todays tax code she can write all repairs off she needs for them. Wih 9-9-9 NOTHING becomes a write-off. So, for instance a furnace or a/c unit dies. She gets to buy a new one, plus 9% extra tax on it, plus labor costs to install it. Comes right from her pocket - no more deductions ! A larger job, like new roofs.. that will set her back, and she can find another job soon to pay for it all LOL [/QUOTE]
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