Page 10 - 115 3 News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from 115 3. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In 115 3 Today - Breaking & Trending Today
Tax. a 9% personal income tax and % national sales tax. it replaces corporate income taxes. personal income taxes. estate taxes. the payroll tax which is the biggest tax that a lot of people pay and also replaces the capital gains tax. this myth that 48% of the people don t pay taxes, they don t pay income taxes but they pay that 15% 15.3% payroll tax. what my plan does is it replaces that and lowers that rate to 9 about percent. everybody wins because it expands the base. shannon: a lot of folks interested out there. want to tell us any more about who helped to put together the plan. i know you say you have great economic minds that helped you? you want to know with my economic kitchen secret cabinet. shannon: is it a secret? no. i do have breaking news and that is we have gotten the results of the analysis and scoring of my plan and it was ....
no, there s no danger in that. first, let me answer dave s question with the 9, 9, 9 plan. unfortunately, nobody up here answered this question. he wanted to know as a small businessman what are we going to do to help him? i have walked in dave s shoes. this economy is on life support. that s why my 9, 9, 9 plan is a bold solution. it starts with throw out the current tax code and pass 9% business flat tax. 9% personal income tax. and the 9% national sales tax this is the most important part it replaces corporate income tax, personal income tax, capital gains tax as well as the estate tax. then it treats all businesses the same. and the people who are paying only payroll tax, 15.3, that they don t have to a. now they only have to pay that 9%. unlike governor romney s plan ....
no, there s no danger in that. first, let me answer dave s question with the 9, 9, 9 plan. unfortunately, nobody up here answered this question. he wanted to know as a small businessman what are we going to do to help him? i have walked in dave s shoes. this economy is on life support. that s why my 9, 9, 9 plan is a bold solution. it starts with throw out the current tax code and pass 9% business flat tax. 9% personal income tax. and the 9% national sales tax this is the most important part it replaces corporate income tax, personal income tax, capital gains tax as well as the estate tax. then it treats all businesses the same. and the people who are paying only payroll tax, 15.3, that they don t have to a. now they only have to pay that 9%. ....
no, there s no danger in that. first, let me answer dave s question with the 9, 9, 9 plan. unfortunately, nobody up here answered this question. he wanted to know as a small businessman what are we going to do to help him? i have walked in dave s shoes. this economy is on life support. that s why my 9, 9, 9 plan is a bold solution. it starts with throw out the current tax code and pass 9% business flat tax. 9% personal income tax. and the 9% national sales tax this is the most important part it replaces corporate income tax, personal income tax, capital gains tax as well as the estate tax. then it treats all businesses the same. and the people who are paying only payroll tax, 15.3, that they don t have to a. now they only have to pay that 9%. unlike governor romney s plan ....
Even which is fifteen.3%. if you don t on a corporation your tax guess from 15.3 to 9. on the national chris: what about 45% who don t pay any income tax now? a good economic growth plan should not be designed to help more people not pay taxes. let me give you the statistic as to why. 50% of the taxpayers, pay 97% of the taxes. what are we supposed to do get that number 50% paying 100%? no. chris: i m not saying it is wrong. they are going to end up paying some taxes but not necessarily more. here s why, the individual taxpayer will decide, how they spend their money in terms of the 9% sales tax. their behavior will determine how much tax they pay. only if they spend every dime ....