Not sure I’m in favor of instituting another tax before repealing the 16th and abolishing the income tax. There would be nothing stopping the congress from upping 9-9-9 to 12-12-12 or 16-16-16, etc, or any other combination of numbers to “spread the wealth around.”
No gimmicks. Just cut, baby, cut!! Cut the government, cut the regulations, cut the taxes and cut the damned spending already!!
Set my people free and turn them loose to produce!!
That said, if Cain becomes the man, I’d go for him. Anyone but socialist/progressive big government mandate loving Romney!
If it helps, both Art Laffer and Steve Forbes have praised the 999 plan, mostly because of the complete restructure of the corrupt system that would be involved. It would be a good step towards a flat tax or fair tax system.
You are right, it is a risk without 16th repeal, however, if we have such a fundamental change that we could get to the 999, that would represent a fundamental change that could be a wave across all government entities.
“Not sure I’m in favor of instituting another tax before repealing the 16th and abolishing the income tax. There would be nothing stopping the congress from upping 9-9-9 to 12-12-12 or 16-16-16, etc, or any other combination of numbers to “spread the wealth around.”
No gimmicks. Just cut, baby, cut!! Cut the government, cut the regulations, cut the taxes and cut the damned spending already!!
Set my people free and turn them loose to produce!!
That said, if Cain becomes the man, I’d go for him. Anyone but socialist/progressive big government mandate loving Romney!”
That’s what I thought too, about no sales tax until the repeal of the 16th.
I’ve been a Fair Tax supporter for years so that had just become a reflex.
But this guy has a really detailed commentary on the financial and political aspects of Herman’s plan:
http://axdwhiteman.info/index.php/component/content/article/102-can-herman-cains-999-plan-work
After Chris Wallace’s interview on Fox News Sunday, where he was asking for the names of the people who helped develop the plan, there were some articles mocking the fact that Herman Cain didn’t give the names.
A lot of the comments were saying “Who cares about the names, tell us whether it’s a good plan or not.”
Take a look at the part of the FOX debate where Wallace gets ready to ask about the 9 9 9 plan, and notice the SHOCKED look on his face when he starts to ask the question, and there is just a roar of cheers from the crowd.
I think anybody that can get a crowd cheering about a tax discussion, will be able to beat Romney and Obama.
Rush Limbaugh: Herman Cain won the FL straw poll because he’s consistently conservative
http://www.therightscoop.com/rush-herman-cain-won-the-fl-straw-poll-because-hes-consistently-conservative/
Don’t forget, they told us for weeks that whoever won that straw poll would be the nominee.