Posted on 10/24/2011 9:41:46 AM PDT by SeekAndFind
There are several problems with the Flat Tax that need to be addressed.
It does not broaden the tax base thus leaving the current system of payers and payees in play for future political exploitation.
It maintains the current focus on taxing income instead of consumption thus punishing the producers at the expense of the users.
It leaves in place the current ability for trust funds and the massively wealthy to avoid paying any tax by structuring their payouts in forms other then income.
It does nothing to tap the underground off the books economy.
So while the Flat Tax is a massive improvement over the current system, it is merely rebuilding the existing tax code on the same corrupt, flawed foundation.
Of the two, Cain’s 9-9-9 is the better plan.
Sounds like a hefty endorsement. I think that the national press clubs have been clubbing for Perry.
Might be coming to late to help his campaign, however. We shall see.
Well... on the bright side, at least this is one less endorsement for Romney...
Well of course, why would Steve Forbes not endorse someone who uses his own proposed tax plan?
Rick Perry also got the endorsement of Whoraldo Rivera.
Forbes also endorsed Juan McCain.
Hate to burst a bubble, but we have FReepers who analyze the BC and say without doubt it is a created document. Does not reflect what an Obama BC would be like. It’s obvious.
Perry did great here. He was asked if he had seen the real BC and answered he doesn’t know if he has or not...he can’t tell, therefore he won’t say...then goes on to quote Donald Trump to say it isn’t real, which is Trump’s opinion after having his experts examine it.
If I were in Perry’s place, I would have said and done the exact same thing.
Yawn....
Endorsements don’t mean squat to people who think for themselves.
True in the sense that no endorsement is ever going to sway my vote. But I do find it interesting that a pro-ILLEGAL alien Whoraldo Rivera endorsed pro-ILLEGAL alien Texas governor Rick Perry. Peas in a pod.
Two of my favorite politicians (Palin and Hunter) endorsed a guy I voted against in the last congressional election. I voted the way I chose, no harm no foul and my guy won.
These guys need to read the Constitution......especially Article II. “born in the USA” is NOT the eligibility requirement.
Why do we even listen to these fools?????? Why didn’t Perry correct the interviewer on the question and restate it in Constitutional terms? They’re skirting the issue at best.
I would have said..” Simple birth in the USA is not the Constitutional eligibility requirement. When you figure out what the requirement is and the answer to Obama’s eligibility get back to me and I’ll let you know if you are right. Vetting candidates is YOUR job.........
Both the interviewer and Perry in effect provided Obama with cover in Obama’s lack of Constitutional standing to hold the office of President......just another reason I won’t vote for Perry. A weasel with no ‘nads.
I favor a national sales tax on new goods that are priced at under $10,000 as a direct replacement for the Sixteenth Amendment. Scrap the IRS and fire all their employees.
A national sales tax gets money from everyone. It also puts the tax in front of everyone. All the time. Every day. It is in your face and any proposed change to increase the tax would be big news.
No more personal or corporate income taxes.
I like the flat tax, so I am glad to see Perry pushing it and think it might give him a little boost to have Steve Forbes endorse him.
On the other hand, if Perry goes birther he is finished. Nothing will snuff out what remains of his candidacy faster than throwing in with a bunch of loopy birther conspiracy theorists. He was asked the question so I suppose he can at least say he didn’t bring it up, but now he is going to be dogged by it and any association with birthers is a campaign killer.
I'm tired of being told by the Beltway Blue Bloods who to vote for and who is qualified to be President.
I don't need Karl Rove, Steve Forbes, Charles Krauthammer and Brit Hume telling me a man like Herman Cain can't be President of the United States of America.
GO HERMAN!
Forbes tried to run for President in the past. He’s a smart guy but doesn’t fit the mold of an elected official - he does not have the personality for it.
He is in part among those behind Perry’s latest tax policy proposals.
Little prospect that he would work with Perry’s team to help formulate the policy and then not endorse Perry.
Maybe he is at minimum hoping for a major appointment from a Perry POTUS down the road.
So Forbes is a supporter on non law abiding illegals just like Perry then?
I can't imagine it either. :)
Please click the pic.
Help keep the lights on
Become a monthly donor today!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.