« Nebraskans favor civil unions, Osborne universally admired | Main | Hermentum continues: Cain leads Ohio and Hawaii primaries »

October 18, 2011

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Obama 2012

I'm not going to get my hopes up this time. There's just no way the Republicans are going to nominate Herman Cain. President Obama couldn't possibly be that lucky.

DocEngineer

I’ve been contemplating the math on 9-9-9 and though still not certain on the details, it seems like a win for the average middle class family making $50K.

Current tax code

$50K/12 = $4166/month*assume a standard deduction of $11K so that the taxable income each month = $39K/12 = $3250

taxed at an effective rate of 22.65% (15% income + 6.2% SS + 1.45% Medicare) gives 3250*(1-0.2265) + 11000/12 = $3430/month (the standard deduction is essentially "tax free" income)

999 Plan – individual, non-business owner (no standard income deduction)
9% income tax gives 4166*(1-0.09) = 3791/month

Comparison to find break even on sales tax

3791-3430 = 361
361/(0.09 sales tax) = 4011…in other words, you would have to spend
$4011 on NEW STUFF to pay $361 in sales tax in a give month. Obviously, you can’t do that because it’s more than your take home pay after taxes.

Feel free to fire away at my math…I’ve got to believe I’ve oversimplified

Luke Kim

RONPAUL2012.COM

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

PPP POLLS BY YEAR: 2006-2014

We came to PPP after a public poll in the San Jose Mayoral race showed our opponent ahead by 8 points. They found our candidate (Sam Liccardo) ahead by 3 points and that allowed us to be able to push back with the press against the perception that our opponent was now a strong favorite in the race. Sam ended up winning by 2 points and is now the next Mayor of San Jose. PPP worked very fast and had a very accurate read on the electorate when we needed them
–Eric Jaye, Storefront Political Media.

For more information on hiring PPP for your polling needs click here

Among the Best Pollsters, Year after Year.

2014 :
Rated Most Accurate Pollster in Governor’s Races Nationally

2012 :
Correctly predicted the winner of every state in the Presidential race, and the winner of every major Senate race

2010 :
First pollster to predict Scott Brown’s upset win over Martha Coakley in the Massachusetts Senate race, only pollster to predict Christine O’Donnell’s upset victory over Mike Castle in the Delaware Republican Senate primary.

2008 :
Ranked by the Wall Street Journal as the 2nd most accurate swing state pollster in the Presidential election.


WSJ Graphic

CONTACT US

Public Policy Polling
2912 Highwoods Blvd., Suite 201
Raleigh, NC 27604
Phone: 888.621.6988

Questions or Comments?
Email Us

RECENT POSTS

Categories

HIRE PPP

Dean Debnam Dean Debnam
Public Policy Polling CEO

PPP is best known for putting out highly accurate polling on key political races across the country, but we also do affordable private research for candidates and organizations.  Why pay tens of thousands of dollars for a survey when one of the most reliable companies in the nation can do it for less?"

Learn more about working
with PPP for your next project >

FOLLOW US

Facebook Facebook
Twitter Twitter
RSS Feed RSS Reader
Email Sign up: New Polling Data email