Showing posts with label 999 plan. Show all posts
Showing posts with label 999 plan. Show all posts

Wednesday, November 2, 2011

Tax Reform vs Simplification

Herman Cain has changed the national debate with his 9-9-9 plan. We all know that the tax code is out of control. It is no longer the vehicle to fund the federal government, but a vehicle for politicians to reward supporters and influence behavior. If they want to encourage an industry or even a company, give a tax credit; if you want less of a behavior ~i.e. smoking~ tax it more. Many Americans are upset with "capitalism" because of a perversion of it called "crony capitalism"; where companies gain favor with politicians with donations. A couple of well known examples are GE and Solyndra.

With 9-9-9; it's simple. 9% Income tax; 9% National Sales tax; 9% Corporate Tax. Here Dick Morris explains the difference between the Perry plan of a flat 20% income tax and Cain's 9-9-9 plan. I'm for a flat tax either way, but I've long been a proponent of a sales tax. Morris explains why.

Also Here is Dick Morris explaining the 9-9-9 plan.

The recent attacks on Herman Cain show that the ruling class are terrified of him. One reason is because his 9-9-9 plan would take away one of politician's tools of power.

To help Cain get the word out about 9-9-9, Donate Here.

Wednesday, October 5, 2011

Herman Cain: Throw Out the Tax Code!

I love Herman Cain. Ever since I first heard him, I have supported him. He has both common sense and business sense. He is my top choice for POTUS.

He talked with Glenn Beck today about the 9-9-9 plan, the Federal Reserve, Fannie and Freddie, and the anti-capitalist "Occupy Wall Street". I have long been a proponent of a National Sales Tax instead of an Income Tax. Mr. Cain is a proponent of the Fair Tax which is essentially that. He's promoting his 9-9-9 plan as a stepping stone to get there. His 9-9-9 plan is simple. 9% Sales Tax; 9% Income Tax and 9% Corporate Tax. That's it. How wonderful would that be. I do have some reservations about adding a National Sales Tax w/o first abolishing the 16th Amendment, but his plan has a super majority to raise the tax built in.

I'm excited about the traction that Cain is getting. According to the latest CBS poll He is tied with Romney for 1st. He truly would be a great president.