9 9 9 plan would hurt retirees

9 9 9 plan would hurt retirees

Posted in the Cocoa Beach Forum

“Why is Warren Buffett Democrat”

Since: Jul 09

Mindanao, Philippines

#1 Oct 18, 2011
Anyone who is on Social Secerity should be frightened of Cain's
999 plan. SS would be taxed 9pct which it is not taxed at all now. On top of that the 9 pct sales tax would end up reducing the SS check by 18%, so if someone is getting $1000 a month now it would be equivalent to getting a pay cut to $820 a month. God save us from Cain.

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