Tuesday, October 25, 2011

Current Event!

http://situationroom.blogs.cnn.com/2011/10/25/blitzers-blog-cains-9-9-9-plan-vs-perrys-20-20-0-plan/

Summary
Herman Cain has his 9-9-9 plan for tax reform – 9% federal income tax; 9% corporate rate; and 9% national sales tax.In contrast, Perry proposes what I’m calling his 20-20-0 plan for tax reform – 20% federal income tax; 20% corporate tax rate; and no national sales tax.Get ready for lots of fact-checking of his plan even though he’s only at 6% in the polls. He still has millions of campaign dollars and there’s still a lot of time to come back.

I think that 9 percent is way better than 20 percent even tho the 20 persent has no natioanl tax, but in the long run the 9-9-9 tax reform of 9 % will get you further and save you way more money in the long run. I also think at 20% is alot to ask for people to pay on taxesf.

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