Posted on 10/18/2011 4:37:49 PM PDT by kristinn
Dewey Or Bust!!
In.
Courtesy ping.
herman cain!
Here!
Here, 2!
Here, 3!
“what happens in Vegas.....pings”
Bookmarking Before the Hate-Fest starts!
1) How’s he going to get around the Constitutional issues (the Sixteenth Amendment authorizing Congress to tax income and no amendment authorizing Congress to tax sales)?
2) A sales tax has looked better to many than an income tax because, among other things, supposedly it would be a one-time-only tax for something, less wasteful than having to file income tax every year, and less intrusive than having the IRS policing your income or returns. However, many have said that the 9% sales tax will apply through the entire supply chain, taxing the same thing over and over again as value is added and as it moves from producer through distribution and retail. What’s in here to guarantee only retail sales are taxed?
3) If somehow he’s able to get around the Constitutional issues and the value-added issues, the plan has another problem - the "tyranny of the status quo" which takes over about 100 days after the new guy is in office. Why not just get a bill passed immediately after taking office that features time-phased implementation such as: 1) immediately lowering both income and sales taxes to 9% as proposed (NO OTHER TAXES) and 2) mandating BOTH a gradual and complete phase-out of income tax while creating and phasing in a sales tax? Otherwise he risks getting us bogged down midstream with a sales tax without having passed a bill abolishing the income tax - a Socialists dream.
4) He needs spending cut plans to sell a huge and essential tax cut. He might want to take a page out of Reagan's book and hire the best business minds to come to DC and noodle this and then come up with a sound proposal - shouldn't be difficult to see tremendous slashes in pure government waste.
I hope Mr. Cain is listening and can make necessary adjustments to his proposals even if it means adjusting the catchy phrase “999” itself. The point is tax cuts are most essential, followed by huge cut in government spending, and ABOLISHING OBAMACARE.
Anybody know where one can watch the debate online?
Mitt will get questions about his comments that the way to fix housing is to let foreclosures proceed. It will be interesting to see if the others agree with his comments..( as they should)
Be interesting to here any discussion about OWS. Newt should tear it up.
Today I may watch it.
*here = hear
no guarantee but this may be one place at 8pm ET
http://www.cnn.com/video/?/tab/live#/video/cvplive/cvpstream1
Go Bachmann!
Go Cain!
Go Gingrich!
Go Perry!
Go Santorum! ... anyone but Romney! FUMR!!!
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