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10-23-2011, 10:58 AM
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3,255 posts, read 1,609,542 times
Reputation: 832
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Herman Cain was formerly the Chairman of the Federal Reserve Bank of Kansas City
A recent study by the non-partisan Tax Policy Center... those making below $30,000 will end up with 16 to 20 percent less money in their pockets after taxes, those making $200,000 and above would keep between 5 to 22 percent more, 84 percent of Americans would end up paying more in taxes under '9-9-9.'
Rep. Paul didn't pass up the opportunity to tie in Cain's tax ideas with his past as Chairman of the Federal Reserve Bank of Kansas City:
"What worries me is, he's had a lot of political experience, because he's been in the Federal Reserve System and you cannot do that without being very political....He's part of that banking establishment, and no wonder because he defended the bailouts and TARP funds and all this...
Ron Paul criticizes Cain's '9-9-9' tax plan
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10-23-2011, 11:16 AM
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Location: Pennsylvania
12,288 posts, read 3,693,709 times
Reputation: 4935
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Good post. Herman Cain will fall just like all others before him once the people realize they are being robbed right under their noses with the "999" which will become something like 202020 not too far into the future
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10-24-2011, 10:53 AM
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3,255 posts, read 1,609,542 times
Reputation: 832
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Quote:
Originally Posted by theunbrainwashed
Good post. Herman Cain will fall just like all others before him once the people realize they are being robbed right under their noses with the "999" which will become something like 202020 not too far into the future
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I think I would actually prefer the Reverend Jesse Jackson to Cain, he has more rhythm... a jibbi-di-jibbi-di, and a ratta-tat-tat!
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10-25-2011, 11:15 AM
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3,255 posts, read 1,609,542 times
Reputation: 832
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Or maybe even Don King! At least we would have good boxing matches!
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