If the 9-9-9 plan got a B-, then getting a B+ is not very impressive.
Quote:
Eliminating deductions and credits in favor of lower marginal rates will yield a simpler and more efficient tax code,
decreasing the burden on taxpayers.
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"Decreasing the burden" means less revenue. How is he going to balance the budget?
Quote:
Capital gains and dividend taxes amount to a double-taxation on individuals who choose to invest. Because dollars invested
had to first be earned, they have already been subject to the income tax.
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Total BS. The capital GAINS were never taxed, only the starting capital. Why should a speculator's income not be taxed like everyone else's?
Still, it is the least silly plan I have seen yet. Huntsman is the only one who seems to be taking this seriously.
12-19-2011, 05:27 PM
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