The growth of our out of control Federal Government tracks directly to the implementation of the income tax.
As long as you give politicians a potentially unlimited income stream, as the income tax does, they will find ways to spend it.
We can cut and cut and cut but the spending always comes back. Reagan cut the most of any modern President and the spending came back plus more.
Until you address the revenue side, Federal Spending is not going to be controlled no matter how much any President cuts.
You have to limit the Congress’s ability to spend and borrow money (Cut, Cap, and Tax) but then you also need to limit it’s revenue stream. Cain’s 9-9-9 does that. Other Candidates should come up with their own ideas on how to accomplices the same goal. The current tax does is both corrupt and inefficient.
The genius of Cain’s 9-9-9 is, for the 1st time, there is a leading Presidential Candidate putting out a plan to limit Fed revenue. The key components is the sale tax. By spreading a lower over all tax burden to all Americans he creates an insurmountable problem for any future tax raises.
How do you convince people to give you more taxes when they personally know they will pay for the tax hike?
See the trick now is Congress can always disguise any tax hike by hiding it inside the overly complex tax code. By tweaking around the edges with the tax code they can gradually and systematically raise taxes with virtually no one noticing.
9-9-9 eliminates that ability to “tinker around the edges” of a mind numbingly complex tax code
Honestly I don’t believe you folks really care about plans or actually fixing things. Just give you the right soundbite from the right person and you’ll be happy.
Good point. I'd also like to see, in the legislation installing 9-9-9, a requirement that any attempt to raise any of the three taxes has to pass BOTH houses of Congress by a 2/3rds vote.
Great post. You hit the nail on the head.