OUTSTANDING!!!
Cain is now taking on the unions. Gutsy. Neither of the Establishment Candidates will get near that position.
Now all he has to do is say he likes Ron Paul’s Trillion Dollar spending cut plan and we have gold~!
One late change the campaign made – with Cain’s expressed approval – was to switch from the term “empowerment zones” to “opportunity zones.” The Cain team decided the word “empowerment” is too closely associated with liberal politics.Because, you know, the problem with empowerment zones was the name, not the federal government interfering in local government functions, using tax policy to force people to do what the feds think is best, or picking winners and losers.
But apparently, if the federal government makes unions the losers, some conservatives are happy to forget that we are for limited government and keeping the feds out of the state and local government's business.
Since they haven't officially published the plan for the empowerment zones, ooops I mean "opportunity zones", I'll refrain from discussing the details.
I just hope my county can get in on this, so I can pay less in taxes than other americans who are too stupid to get THEIR community labelled an opportunity zone.
I listened to it honestly with an open mind - and it was complicated. No sales tax on used vehicles, "used" houses, etc. I don't think this is going to work. It is not a simple plan at all - and there are still loopholes. Deductions for charity, but nothing else? This isn't going to fly & the end result will not look anything like he is putting it out as now.
That's OK - no one's plan is going to look the same after the years it will take to rehash it & get something that will actually pass through Congress. NO ONE'S plan will.
Cain has made this plan the centerpiece of his run - I just don't think there is much meat in the rest of his positions. He has made some gaffes - but he is likeable and talks well. He is a nice guy - but I don't think he is ready for prime-time yet.
That's about the best endorsement a candidate can get!
If it upsets the unions, Cain is on the right path...
You know, I fully suspect that just because it’s Cain, there will be Perry-bots on here defending the unions.
Not bad overall.
On one hand, I get a bit iffy with any attempt to encourage/discourage investment in specific areas at a federal level via tax tricks.
However, I’m OK wtih it, because...
1. It (somewhat, more on that later) amends the concern of the poor paying more on this plan.
2. It crushes the unions and throws the lack of success of the Democrat overlords in the cities right in their faces.
Still, I think he needs to tweak it a bit more to ensure revenue neutrality, and, make sure that statistic showing 84% of people paying more in taxes under his plan is not true.
Originally, I didn’t like the 9-9-9 plan because it was said to be the first step to the Fair Tax, and the “prebate”. I was not sure about the “empowerment zones” either. Now I am totally satisfied and a supporter of the plan. I don’t think it has much of a chance to be enacted, but I DO like the plan.
And now, due solely to Herman Cain, the country is about to have an extended discussion about 1) the horrible effect the minimum wage law is having on inner-city youth, 2) the crying need to fix the schools in the inner city, and 3) the economic benefits of right-to-work laws where they’ve been passed.
Brilliant. We spend two weeks talking about his tax plan and now we move on to his support for abolishing the minimum wage, adding vouchers, and advocating right-to-work laws, all while framing those discussions within the confines of his tax plan.
Herman Cain, a really simple-minded sort of guy all right. So simple-minded that he’s forcing the other candidates to devise plans of their own and has Romney protesting: But, but, I have a whole 59-point comprehensive plan...that no one is talking about.
This guy is really starting to remind me of another supposedly simple-minded President that ended up with a pretty good track record. He has the same ability to frame the national conversation in terms of his own choosing. I think it’s only going to get more and more interesting.