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Herman Cain 9-9-9 disaster plan
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<blockquote data-quote="klein" data-source="post: 890295" data-attributes="member: 23950"><p>The only way trinkle will understand how it works, is if the government was there to distribute the net income of everyone.</p><p>I.E : The medium income person gets a visit from the IRS and gets asked how much he is planning on spending of this paycheck - he answers, hmm all of it.... response : Ok, minus 9% on all of it - it`s all taxable.</p><p></p><p>Now the IRS visits the Rich guy, same question.... rich guy says, well, only $10K of the $1 Million I earned this month.</p><p>Ok, you can keep the $990.000, but we do need to tax the $10K with 9%.</p><p></p><p>Get it now trinkle ?</p></blockquote><p></p>
[QUOTE="klein, post: 890295, member: 23950"] The only way trinkle will understand how it works, is if the government was there to distribute the net income of everyone. I.E : The medium income person gets a visit from the IRS and gets asked how much he is planning on spending of this paycheck - he answers, hmm all of it.... response : Ok, minus 9% on all of it - it`s all taxable. Now the IRS visits the Rich guy, same question.... rich guy says, well, only $10K of the $1 Million I earned this month. Ok, you can keep the $990.000, but we do need to tax the $10K with 9%. Get it now trinkle ? [/QUOTE]
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