9-9-9 Taxation Model [Archive] - SpursTalk.com Forums

DMX7

04-05-2019, 01:13 PM

Herman Cain not only had the best taxation model of the 2012 POTUS campaign, he also had the best commercial. I actually think he might make a great fed reserve board member! :clap

spurraider21

04-05-2019, 01:15 PM

in2deep

04-05-2019, 01:18 PM

He was trump before trump.

He got killed by deep state when he was leading in the gop polls....

Trump should have him as his VP for 2020 and fir that idiot pence

spurraider21

04-05-2019, 01:23 PM

He was trump before trump.

He got killed by deep state when he was leading in the gop polls....

Trump should have him as his VP for 2020 and fir that idiot pence
yes he was the supremely unqualified nominee before the current one we have sitting in office. he just wasn't charismatic enough to overcome it.

https://www.youtube.com/watch?v=nWPqgHqJayc

spurraider21

04-05-2019, 01:26 PM

i wonder if by now he knows how to say uzbekibekibekibekistanstan

spurraider21

04-05-2019, 01:28 PM

:lmao the best part

https://www.youtube.com/watch?v=bh_02xGLD4s

DMX7

04-05-2019, 01:29 PM

:lmao i think he was legitimately a more laughable presidential candidate than even ben carson

i mean at least this guy does have some background in finance, so as bizzare as his policy proposals were, i mean he's not technically unqualified

He was CEO of Godfather's Pizza. You can get more qualified to be a fed reserve board member than that.

DMX7

04-05-2019, 01:31 PM

yes he was the supremely unqualified nominee before the current one we have sitting in office. he just wasn't charismatic enough to overcome it.

https://www.youtube.com/watch?v=nWPqgHqJayc

Typical "Gotcha Question" from the "Gotcha Media".

The beauty of the 9-9-9 Taxation Model is in it's simplicity and in it's balanced approach to taxation. The added benefit is in how incredibly regressive it is without being obviously (to many people) so.

spurraider21

04-05-2019, 01:33 PM

He was CEO of Godfather's Pizza. You can get more qualified to be a fed reserve board member than that.
he was previously chairman of the federal reserve bank of kansis city :lol... there's some finance in there

he woulnd't be the least qualified pick trump has made for a position

baseline bum

04-05-2019, 01:35 PM

he was previously chairman of the federal reserve bank of kansis city :lol... there's some finance in there

he woulnd't be the least qualified pick trump has made for a position

That would be Betsy Devos

DMX7

04-05-2019, 01:37 PM

That would be Betsy Devos

Actually, she's qualified for what the GOP wants her to do there.

baseline bum

04-05-2019, 01:40 PM

Actually, she's qualified for what the GOP wants her to do there.

So is Trump by that definition

spurraider21

04-05-2019, 01:41 PM

So is Trump by that definition
rick perry

scott pruitt before he was canned, now andrew wheeler in the same post

spurraider21

04-05-2019, 01:43 PM

Typical "Gotcha Question" from the "Gotcha Media".

The beauty of the 9-9-9 Taxation Model is in it's simplicity and in it's balanced approach to taxation. The added benefit is in how incredibly regressive it is without being obviously (to many people) so.
yeah flat taxes are disproportionately favorable to people with disposable income. basically fucks the lower class and anybody in the middle class who is living paycheck to paycheck

baseline bum

04-05-2019, 01:46 PM

rick perry

scott pruitt before he was canned, now andrew wheeler in the same post

Devos still wins. Her qualification for Secretary of Education is what, her father in law running a huge pyramid scheme to steal billions from regular people?

spurraider21

04-05-2019, 01:51 PM

Devos still wins. Her qualification for Secretary of Education is what, her father in law running a huge pyramid scheme to steal billions from regular people?
yeah i agree devos tops the list. i was just thinking of other contenders.

its why i reserved devos in the scalp thread

DMC

04-05-2019, 02:22 PM

in2deep

04-05-2019, 02:29 PM

yes he was the supremely unqualified nominee before the current one we have sitting in office. he just wasn't charismatic enough to overcome it.

https://www.youtube.com/watch?v=nWPqgHqJayc

He was more qualified than W ever could be.

He was pretty charismatic too. Had rednecks voting for him as he was leading the gop. He got killed because of those or 3 women that a cussed him of metoo stuff

Winehole23

04-05-2019, 04:38 PM

yeah i agree devos tops the list. i was just thinking of other contenders.

its why i reserved devos in the scalp threadwe are DE-vo

Winehole23

04-05-2019, 04:39 PM

He was more qualified than W ever could be.

He was pretty charismatic too. Had rednecks voting for him as he was leading the gop. He got killed because of those or 3 women that a cussed him of metoo stuffHe's still alive. He was never killed yet.

spurraider21

04-05-2019, 05:02 PM

https://www.youtube.com/watch?v=IORfRbJHFVM

spurraider21

04-05-2019, 05:13 PM

herman cain clips are addicting. though this one also goes after romney and obama :lol

man i mess stewart

https://www.youtube.com/watch?v=3OWa9bJaxh4

Millennial_Messiah

04-05-2019, 11:25 PM

yeah flat taxes are disproportionately favorable to people with disposable income. basically fucks the lower class and anybody in the middle class who is living paycheck to paycheck

I do think tax breaks should be cut. Itemized deductions should be limited to 15k/person or 30k/couple regardless of income, and businesses should only be able to write off $100k including big businesses

Amazon should have to pay the regular tax rate for their bracket instead of writing off 99% of their taxable income. That's what really screws over the IRS, not because of individuals of middle or lower class (<250k).

Don't raise taxes... cut tax breaks, especially for corporations.

in2deep

04-06-2019, 07:36 AM

He's still alive. He was never killed yet.

Politically my rookie friend

in2deep

04-06-2019, 07:38 AM

If you really analize, Cain fits in between the gop and trump. :lol

He was a good candidate if u think about it

baseline bum

04-06-2019, 08:05 AM

If you really analize, Cain fits in between the gop and trump. :lol

He was a good candidate if u think about it

GOP = Trump

Therefore Cain = Trump?

Will Hunting

04-06-2019, 08:27 AM

TfJCYZ06IGI

Will Hunting

04-06-2019, 08:29 AM

I do think tax breaks should be cut. Itemized deductions should be limited to 15k/person or 30k/couple regardless of income, and businesses should only be able to write off $100k including big businesses

Amazon should have to pay the regular tax rate for their bracket instead of writing off 99% of their taxable income. That's what really screws over the IRS, not because of individuals of middle or lower class (<250k).

Don't raise taxes... cut tax breaks, especially for corporations.
No matter how much you try to "cut tax breaks" and "simplify the tax code" corporations and rich individuals will hire the best lobbyists and tax attorneys to add the tax breaks back in over time. The only way to offset that is higher marginal rates for corporations/rich individuals.

Winehole23

04-06-2019, 09:06 AM

Politically my rookie friendPremature. Herman Cain is being bruited about as a Federal Reserve Board nominee right now.

in2deep

04-06-2019, 09:53 AM

Premature. Herman Cain is being bruited about as a Federal Reserve Board nominee right now.

In the 2012 race my rookie friend

Winehole23

04-06-2019, 10:00 AM

Parsing one's own comments repeatedly is apparently a veteran move.

@realDonaldTrump

04-06-2019, 12:50 PM

I once saw Crooked Hillary fart on a WWtwo veteran! Fake news media refused to report!

Millennial_Messiah

04-06-2019, 01:24 PM

No matter how much you try to "cut tax breaks" and "simplify the tax code" corporations and rich individuals will hire the best lobbyists and tax attorneys to add the tax breaks back in over time. The only way to offset that is higher marginal rates for corporations/rich individuals.
no, they can make it fraudulent to add more tax breaks than allowed. Also lobbyists should be taxed, too.

Will Hunting

04-06-2019, 01:38 PM

no, they can make it fraudulent to add more tax breaks than allowed. Also lobbyists should be taxed, too.
They can make it “fraudulent” to hire a tax lawyer to walk into court and pursue a ruling that makes certain income non taxable or certain expenses tax deductible? Good luck with that.

Lobbyists are taxed just like everyone else so I have no idea what you’re trying to claim there.

Millennial_Messiah

04-06-2019, 02:34 PM

They can make it “fraudulent” to hire a tax lawyer to walk into court and pursue a ruling that makes certain income non taxable or certain expenses tax deductible? Good luck with that.

Lobbyists are taxed just like everyone else so I have no idea what you’re trying to claim there.
They make a hard law saying you can only deduct up to 250K per year as a corporation and you cannot write off any previous losses. A simple and strict law like that would be hard to appeal no matter how expensive your attorneys are.

Will Hunting

04-06-2019, 02:39 PM

They make a hard law saying you can only deduct up to 250K per year as a corporation and you cannot write off any previous losses. A simple and strict law like that would be hard to appeal no matter how expensive your attorneys are.
Deduct 250k from what? Cash based income? GAAP income? Some combination of the two?

Youre already assuming away tons of complexity.

Millennial_Messiah

04-06-2019, 02:45 PM

Deduct 250k from what? Cash based income? GAAP income? Some combination of the two?

Youre already assuming away tons of complexity.

Total reported income.

Will Hunting

04-06-2019, 02:46 PM

Total reported income.
How is total reported income calculated? Be specific.

Millennial_Messiah

04-06-2019, 02:51 PM

How is total reported income calculated? Be specific.

The total gross revenue that the company earns from all sources.

Will Hunting

04-06-2019, 03:06 PM

The total gross revenue that the company earns from all sources.
A few things:

1) Is that gross revenue collected or recognized under GAAP?

2) Are you seriously saying that companies couldn’t deduct more than 250k or normal operating expenses (ie cost of goods sold, payroll, etc.)?

Millennial_Messiah

04-06-2019, 06:07 PM

A few things:

1) Is that gross revenue collected or recognized under GAAP?

2) Are you seriously saying that companies couldn’t deduct more than 250k or normal operating expenses (ie cost of goods sold, payroll, etc.)?

Either they take a percentage standard deduction based on their domain (based on whether they're a restaurant, brokerage firm, bank, whatever they are) or they deserve to be audited. GAAP/IFRS provides too many loopholes.