PHILADELPHIA (AP) - The Cincinnati Reds have optioned left-hander Tony Cingrani to AAA Louisville and recalled infielder Neftali Soto. Cingrani made his sixth start in Friday night's 5-3 loss to the Phillies.Full Story >
The Cincinnati Reds have optioned left-hander Tony Cingrani to AAA Louisville and recalled infielder Neftali Soto.Full Story >
Saturday, May 18 2013 4:17 PM EDT2013-05-18 20:17:11 GMT
Image from Wikimedia Commons
A monkey is on the loose in Clermont County. The State Game Warden of Neville, Ohio states that he is looking for a loose monkey. It is unclear at this time where the monkey came from. Any sightingsFull Story >
A monkey is on the loose in Clermont County. The State Game Warden of Neville, Ohio states that he is looking for a loose monkey.Full Story >
Saturday, May 18 2013 3:48 PM EDT2013-05-18 19:48:39 GMT
Parts of Downtown Sharonville are experiencing flooding following a water main break. The break happened Saturday afternoon near the Creek and Reading Road intersection at the Sharonville Depot Square. TheFull Story >
Parts of Downtown Sharonville are experiencing flooding following a water main break. The break happened Saturday afternoon near the Creek and Reading Road intersection at Sharonville Depot Square.Full Story >
French President Francois Hollande has signed a law authorizing gay marriage and adoption by same-sex couples, after months of nationwide protests and wrenching debate.Full Story >
France will see its first gay weddings within days, after French President Francois Hollande signed a law Saturday authorizing marriage and adoption by same-sex couples and ending months of nationwide protests and wrenching...Full Story >
Herman Cain calls it his bold 9-9-9 plan. The idea is to scrap the current very confusing tax code and replace it with a simple flat tax.
Cain says this would be a fair tax. Instead of having, as is currently the case, only 53 percent of the country pay any federal income tax, everyone would pay something and the same percentage, 9 percent.
The corporate tax rate would drop from the current top rate of 35 percent, to, you guessed it 9 percent. And the plan would create a whole new tax. A national sales tax again set at 9 percent.
The 9-9-9 plan has helped to push Cain to a front runner for the nomination and that drew a lot of attention during Tuesday night's debate.
"I think it is a catchy phrase. In fact I thought it was a price of a pizza when I first heard it," said former Utah Governor Jon Huntsman. Here's what we need, we need something that is doable, doable, and doable."
Minnesota Congresswoman Michelle Bachmann added "When you take 999 plan and turn it upside down I think the devil's in the details."
Some pretty good shots were taken at the plan. But kidding aside the details are important. There are 2 major criticisms of the plan.
Would the plan raise enough revenue to replace the current tax code?
Cain claims his system would raise as much tax revenue as the current complex system of federal income tax, corporate taxes and payroll taxes. He believes his plan could bring in additional revenue by boosting economic growth.
Tax experts from various nonpartisan think tanks, including the Tax Policy Center, a non-partisan group, say without seeing more details of the plan than Cain has released thus far, they can't say for sure whether the system would match current tax collections, or add to the deficit. They also say it is theoretically possible if you are taxing all consumption.
Keep in mind, the 9 percent could bring in more corporate tax money than the current system because the plan eliminates most tax loopholes and would charge a consumption tax on businesses that purchase goods from other businesses. Those would no longer be tax write-offs. Which would make it more like a value added tax on corporations.
The other big question, is the 9-9-9 plan fair to low income Americans?
Herman Cain has answered critics in the past by saying that 9-9-9 would not increase the tax burden on the poor, it would lower it.
That is because under 9-9-9, payroll taxes would be eliminated, right now, the feds take 15.3 percent from your paycheck before it ever gets to you.
Under Cain's plan, only 9 percent would be taken which would result in every working American paying 6 percent less in federal taxes than they do now.
Here's what you need to know.
Much of this plan still has to be explained. There does appear to be one major flaw. What happens if the federal government says it needs more money?
The 9-9-9 rates could increase. So far, there is nothing to prevent that happening in the future and unless there is a way to lock those rates, the 9-9-9 plan, could become the 15-15-15 plan, and ultimately a 30-30-30 plan.
Friday, May 17 2013 6:51 PM EDT2013-05-17 22:51:09 GMT
Transcribed interviews conducted by the House Committee on Oversight and Government Reform are set to begin Monday, May 20th for five IRS employees. Four of those IRS employees are based in Cincinnati.Full Story >
Transcribed interviews conducted by the House Committee on Oversight and Government Reform are set to begin Monday, May 20th for five IRS employees. Four of those IRS employees are based in Cincinnati. Full Story >
Friday, May 17 2013 10:45 PM EDT2013-05-18 02:45:31 GMT
Continuing our exclusive coverage of the IRS scandal, FOX19 has obtained documents of a fifth Cincinnati IRS agent who reportedly came after a pro-life group in 2009. The group was asked about prayerFull Story >
Continuing our exclusive coverage of the IRS scandal, FOX19 has obtained documents of a fifth Cincinnati IRS agent who reportedly came after a pro-life group in 2009.Full Story >
Friday, May 17 2013 7:16 PM EDT2013-05-17 23:16:53 GMT
One person has died in a crash near Harrisonville, MO, Thursday evening. The crash happened on Missouri Highway 7 and Walker Road. It involved a car and a tractor-trailer. Harrisonville is in Cass County.Full Story >
Savannah Nash celebrated her 16th birthday last week. She died Thursday when her car slammed into a semi while she was texting during her first time driving by herself.Full Story >
Saturday, May 18 2013 12:44 PM EDT2013-05-18 16:44:02 GMT
A bystander is in hot water after a late night crash in Middletown. Police say they were called to Verity Parkway to investigate a head on crash, An investigation revealed that a car driven by DanielFull Story >
An investigation revealed that a car driven by Daniel Guy Rich of Dallas, Texas had lost control and hit a PT Cruiser driven by a unnamed 17-year-old girl head on.
Wednesday, May 15 2013 9:50 PM EDT2013-05-16 01:50:03 GMT
The White House today released over 100 pages of emails regarding the attack in Benghazi. So what do those emails tell us? Members of congress and the President himself say it's all a side-show. WhileFull Story >
The White House today released over 100 pages of emails regarding the attack in Benghazi. So what do those emails tell us? Members of congress and the President himself say it's all a side-show. While others say the truth has still not been revealed. So what is true here? Full Story >
Saturday, May 18 2013 1:47 PM EDT2013-05-18 17:47:49 GMT
A fire badly damages an Anderson Township home. It happened early Saturday morning at a home in the 8000 block of Pine Terrace Drive. Fire officials say they got a call that smoke was coming from theFull Story >
Fire officials say there is significant damage to the home's first floor.Full Story >