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Originally Posted by DrPhil
To make sure I understand, the 9% Federal sales tax would be added to the 8% state sales tax in TX?
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The 9% would be added on top of whatever local sales taxes that are already in place.
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Cain sparred with fellow GOP candidate Mitt Romney over his economic plan during the debate Tuesday night. "It's a catchy phrase. I thought it was a pizza deal at first," Romney said ofCain's 9-9-9 plan.
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LOL.
I like the idea of getting rid of the current tax structure and just going with a 12% flat tax on personal income, a 20-25% Corporate tax and NO federal sales or VAT tax. I'm calling it the 12-20-NO plan.
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