[SoJoCo]

The tax plan assumes that the retirement system would be restructured to a largely self-sufficient system.

Funded by what? Cain's plan eliminates taxes that currently fund Social Security and don't replace it with anything that could go towards a retirement program of any kind.

[mylife]

I tell ya what.

9% national sales tax on top of state sales tax will screw everyone on a fixed income.
It will screw everyone period.

It will drive the economy underground.

[RobertClark]

Funded by what? Cain's plan eliminates taxes that currently fund Social Security and don't replace it with anything that could go towards a retirement program of any kind.

Go read about the Chilean system. It is funded by personal contributions to individual accounts. 10% to 15% is expected to be saved for your own retirement. Your accounts are paid by ..........

wait for it .........

wait for it.........

YOURSELF! What a novel and simple concept.