% change in post-tax income for 9-9-9...

[All Along The Watchtower]

Link: http://thinkprogress.org/yglesias/2011/10/19/347495/another-9-9-9-distributional-analysis-chart/

Herman Cain: FF.

[Swing low, sweet chariot. Comin' for to carry me home.]

you do know there is an exemption of the 9% income tax for those below the poverty line....right?

[All Along The Watchtower]

you do know there is an exemption of the 9% income tax for those below the poverty line....right?

What about the national consumption tax?

[Swing low, sweet chariot. Comin' for to carry me home.]

you do know there is an exemption of the 9% income tax for those below the poverty line....right?

What about the national consumption tax?

yep, got to pay 9% VAT, but no income or payroll taxes...so the change is 9% VAT minus payroll (I think payroll is about 7.5%: 6.2% FICA plus an assortment of crap)

[Yelnoc]

Fuck that shit.