Tuesday, October 18, 2011
AP Says Cain's 999 Plan would raise taxes on poor by 950%
According to a new AP report, people making $10,000 to $20,000 per year would see their taxes go up 950% under Herman Cain's Satanic 999 Plan. People in middle incomes between $40000 and $75000 per year would see their tax bills increase by over $4000 per year. In all, 84% of current tax payers would see an increase in their taxes. However, guess which group would benefit. Yep, you guessed it, the ultra wealthy. They would pay far less in taxes than they do today. "Well Surprise, Surprise!", as a person with the biblical name Gomer used to say. That's because Cain's Welfare for the Rich plan makes sure to exempt investment income from being taxed at all. You can't get more anti-Christian than increasing the tax burden by 950% on the poor, while lowering them for the rich. But what do you expect from Antichrist Herman Cain.