“... Cain’s support for affirmative action programs,”
“... in support of the FairTax,..”
Both are bad news.
His defense of affirmative action programs is what is driving him to be “the dark horse”. We don't need another Colin Powell. I am SICK OF THAT - skin color game. It MUST be on merit.
The Fair Tax s wrong too. Thank you for listing this. So far he does not have my confidence or interest as a candidate. There are better ones out there.
I don’t like it either, and Affirmative Action is racism, imho.
“FairTax
From Wikipedia, the free encyclopedia
The FairTax is a proposed change to the federal government tax laws of the United States intended to replace all federal income taxes[1] with a single broad national consumption tax on retail sales.[2] The plan has been introduced into the United States Congress as the Fair Tax Act (H.R. 25/S. 296). The tax would be levied once at the point of purchase on all new goods and services for personal consumption. The proposal also calls for a monthly payment to all family households of lawful U.S. residents as an advance rebate, or ‘prebate’, of tax on purchases up to the poverty level.[3][4] The sales tax rate, as defined in the legislation for the first year, is 23 percent of the total payment including the tax ($23 of every $100 spent in total—calculated similar to income taxes). This would be equivalent to a 30 percent traditional U.S. sales tax ($23 on top of every $77 spent—$100 total).[5] The rate would then be automatically adjusted annually based on federal receipts in the previous fiscal year.[6]
With the rebate taken into consideration, the FairTax would be progressive on consumption,[4] but would also be regressive on income at higher income levels (as consumption falls as a percentage of income).[7][8] Opponents argue this would accordingly decrease the tax burden on high income earners and increase it on the middle class.[5][9] Supporters contend that the plan would decrease tax burdens by broadening the tax base, effectively taxing wealth, and increasing purchasing power.[10][11] The plan’s supporters also argue that a consumption tax would have a positive effect on savings and investment, that it would ease tax compliance, and that the tax would result in increased economic growth, incentives for international business to locate in the U.S., and increased U.S. competitiveness in international trade.[12][13][14] Opponents contend that a consumption tax of this size would be extremely difficult to collect, and would lead to pervasive tax evasion. They also argue that the proposed sales tax rate would raise less revenue than the current tax system, leading to an increased budget deficit.
In recent years, a tax reform movement has formed behind the FairTax proposal.[16] Increased support was created after talk radio personality Neal Boortz and Georgia Congressman John Linder published The FairTax Book in 2005 and additional visibility was gained in the 2008 presidential campaign. A number of congressional committees have heard testimony on the bill; however, it has not moved from committee since its introduction in 1999 and has yet to have any effect on the tax system. The plan is expected to increase cost transparency for funding the federal government, and supporters believe it would have positive effects on civil liberties, the environment, and advantages with taxing illegal activity and illegal immigrants.[12][17] There are concerns regarding the proposed repeal of the Sixteenth Amendment, removal of tax deduction incentives, transition effects on after-tax savings, incentives on credit use, and the loss of tax advantages to state and local bonds.”
Here is an article, with his stance against affirmative action in his own words:
Affirmative action is negative step
By Herman Cain
Guest Columnist
Wednesday, April 28, 2004
http://chronicle.augusta.com/stories/2004/04/28/op_413767.shtml
Unfortunately, his opponents used this misrepresentation against him in the Senate race, and Wikipedia picked it up and it was never corrected. He ran against Isakson, who is a major RINO. Hermain Cain is much more conservative than Isakson