The Mudcat Café TM
Thread #140853 Message #3240856
Posted By: Lighter
18-Oct-11 - 01:46 PM
Thread Name: BS: 9-9-9 This, Mr. Cain!!!
Subject: RE: BS: 9-9-9 This, Mr. Cain!!!
Fox News analyst Peter Schiff agrees that 9-9-9 would effectively raise taxes for most everybody who gets a paycheck and earns less than $50,000/yr. When asked if he likes it better than the current tax code, he said, "Sure! Because *I'd* pay less!"
Fox invited the Cain people to respond. Their complete written reply was, "The problem with Peter Schiff's analysis is that it is incorrect."
This was just a couple of hours ago, so it isn't online yet.