Herman Cain channels John Lennon
This is rich. Below is a 1991 video of Herman Cain performing “Imagine (there’s no pizza)” before the Omaha Press Club.
You’ve got to give the guy some props: First, his voice is pretty damn good. Second, it’s a pretty ballsy thing for a Baptist minister to sing the unofficial atheist anthem. Third, the guy’s got a sense of humor. Could SNL have done better?
October 12, 2011 - 11:05 AM
Now its Revolutin No. 9 – niiinne, niiine, niiine
That’s it! Herman Cain has named his tax “plan” after the strangest, most avant garde Beatles tune of all time!
Yoko and Paul will be claiming copyright infringement before you know it.
What difference does it make what he calls his plan….all of you on the left are going to make jokes about it no matter what he calls it…
#4 When you’ve got a “plan” that everybody with any expertise says absolutely will not work, yes, I’d say us “on the left” will make fun of it. And it’s no surprise at all that folks like you on the right will defend it despite its uselessness.
His plan IS A JOKE. People making next to nothing who are paying little or no tax now will have to pay more.
Meanwhile, Williams said, wealthier Americans would get a tax cut.
“On the top end, 9% is a lot better deal than what people at the top end are paying,” he said, adding that the Urban Institute estimates that those who make more than $1 million pay 18% in personal income taxes.
“Going to 9% is going to save them half; that’s a nice savings,” Williams said. “That’s the income tax side: The rich will pay less; the poor will pay more.”
obama is the joke, son, and any conservative would beat the crap out of him at this time.
Oh no! everyone would pay the same tax rate! Fairness! Oh the humanity!
6. The 999 plan, without details since Herman does not believe in them, looks to be quite a bit more in tax for the poor and a little less for the high income earners.
No deductions for taxes, you will pay 9% of your gross income. That will be quite a bit for most as you can’t deduct your mtg interest or state income taxes. But if your are employed he is doing away with payroll taxes. The big increase that he kind of skips over is the sales tax part. You pay 9% on everything you buy. Services, houses, cars, groceries, medicine, doctors, rent, etc. That could be a huge increase for most people. This is meant to be a value added tax, everytime there is an increase in value,it is taxed. The Corporate or business tax of 9% appears to allow a deduction for what you buy from other businesses. You still pay the sales tax on say inventory, but then could deduct the cost of the inventory from gross sales to get the net you pay taxes on. That is another big increase, paying 9% sales tax on inventory, business services, etc would be a huge increase. You do not have to pay employer payroll taxes but you do not get to deduct the employees’ salaries. Therefore instead of a 7.245 % payroll tax, you would pay a (% income tax on the employee wages.
I just don’t understand. You people blab about tax fairness. How is it unfair that the 47% who currently pay no federal income taxes start to pay their fair share?
It is always great to hear from the Right that the poor do not pay their fair share when it is the GOP that set the current tax rates, deductions, and credits that affect the poor. Obama has lowered the tax rates for the middle class and kept the Bush tax cuts and the poor’s taxes have stayed the same yet all you hear is BS about the wealthy paying too much and the poor not paying wnough. They had 8 years to fix that and chose to tax the middle class, not tax the poor, to cut taxes on the wealthy.
You huys are too much.
The above post was made by Jay Carney
The 47% of people who are too broke to pay federal income taxes still have to pay 1/3rd of their income in sales, property, payroll and excise taxes. Meanwhile, 83% of the top 100 corporations paid no federal taxes between 1998-2005. The corporate-owned media won’t talk about that, though.
You want tax fairness? Want to cut the deficit by $4 trillion in ten years? Want to create jobs? Call this solution the Five Alive plan.
1. New income tax bracket for households making over $1,000,000 annually ($100 bil/year, $1 tril/decade)
2. Financial transaction tax on the trading of risky financial instruments like derivatives and credit default swaps, whatever the hell those are ($150 bil/yr, $1.5 tril/decade)
3. Close corporate tax loopholes, require country-by-country reporting of profits, if we pay, so do they ($100 bil/year, $1 tril/decade)
4. Progressively tax estates worth $5 mil+ ($450 bil/decade)
I just cut the deficit by $4 trillion just by moderately adjusting the tax burden a little more toward the super-rich. The 99% will not be affected by these revenue increase. And number 5?
5. Use new revenues to reverse all budget cuts handed down in every state since the beginning of the recession, fund massive WPA-style jobs creation program rebuilding American cities, roads and infrastructure, cut unemployment rate in half (cost: $1.9 tril)
I’d like to see Obama put the plan forward if faced with Herman Cain in a debate. He’d get a standing ovation.
Herman Cain is nuts. from his comments on recent interviews about abortion stance where he flip flopped when being asked about what he beleived with regards to abortion for a woman who was raped to the most recent commercial from his camp where he basically mocked the process and made himself look a fool. If hes the number one candidate for the repulican party they are out of luck. I think Mitt romney is the most presentable of the bunch although he has made some seriouse miscalculations as well.