Maybe Cain could choose McCain as his running mate. Cain/McCain... they won't feel your pain Cain/McCain... there goes America, down the drain Cain/McCain... would you like extra cheese on that? Cain/McCain... bad policy in 30 minutes or less yeah, I know... don't give up my day job. barfo
I wasn't aware any of note had ever made much more than a token effort to do so, and I've never seen nor heard of any organized opposition to the idea of a black President. It's a PC fallacy that some sort of invisible barrier exists for blacks, other than the limitations they put on themselves. Either way, it's annoyingly racist of you to care or even notice that Herman Cain is black. I think Obama's election proved it's actually easier for a black man to be elected than a white man now. It has been pointed out over and over Obama was unqualified and had no experience, yet he won easily against a white Viet Nam war hero who has served politically for decades. No white man could get elected with such an empty bag of credentials.
These are all reasons why he should never be President. You're confusing government with business, which is as dangerous as confusing government with religion (which is really just another kind of business).
Is "why not?" the right question? Isn't "why?" a better question? Other than a completely unrealistic and highly regressive tax plan (or perhaps, "tax concept" would be more accurate), what's he got to offer? Is the US government like Godfather's Pizza in any meaningful way? I remain convinced that Romney's got this thing sewed up. None of the uber-conservatives in the race are even remotely electable, and Huntsman should have kept his ambassadorship. The real question is, are any of these guys going to run a third-party campaign when Romney wins the nomination? Does Ron Paul want to be Ralph Nader? barfo
Uh no I wouldn't bet on that. As soulless as Mitt is he could easily beat Barry. Christie would wipe him out completely.
I'm sure it will sliced-and-diced nearer to when a GOP candidate is chosen, though. I'm certainly at least curious as to what the breakdown of it all yields.
It seems to me like Cain's math is off with how much revenue would be generated and how big the impact on middle class taxpayers would be. I, personally, don't have much problem with a more regressive (less progressive) tax rate if there are overall gains for the economy. I don't feel at all confident that 9/9/9 would help the economy enough to justify the problems it would raise. Ed O.
Under Cain's plan, those paying 15% into FICA and other withholding taxes would not pay those. So it'd be an actual cut from 15%+~5% down to 9% for the low end of the tax rolls. I think we figured 8% flat tax on income would exceed the current income tax revenues. Overall, it's a tax hike. For corporations that pay $0, they'd be paying 9%. It would likely pay for the 35% (few pay it) -> 9% (every company pays it) difference. The sales tax will certainly hit up the rich (who spend more) for bigger bucks than the lower income earners. The only way people are going to pay more at the low end are those who pay $0 and actually get back refunds due to credits.
i am down with a nationwide sales tax, get some drug dealer money, i just think it would be tough in states where there is already a close to 9% sales tax already existing and we need to do SOMETHING about the rebate checks going out hrmmm maybe ill look into this guy a little more, i mean he is black too, which is rad
Most people aren't self-employed, and if you expect that employees are going to get a raise when employers no longer have to pay FICA, you are dreaming. In terms of dollars, sure. In terms of percentage of income, or ability to pay, no. Those people will pay 18% instead of getting a credit. I'd call that a pretty significant increase. But even people who aren't getting credits will pay more. It's a tax increase on the vast majority of Americans, a tax cut for rich people and businesses. barfo