It seems that the 9-9-9 plan is getting a well-deserved thrashing in the press now. It will be interesting to see whether, when presented with evidence that Cain's plan will raise taxes on most americans, drive jobs overseas, and depress consumer spending, republican voters drop Cain like a hot "potatoe" or whether they will dismiss it as 'lamestream media lies' and raise him on their shoulders. Either reaction should be entertaining as hell, so I'm going to be happy either way. I only wish we had more republican candidates. I'm afraid we will run out by Thanksgiving at the rate they are imploding. barfo
I saw Cain on TV Thursday night. As usual, when a reporter asked him a question about a detail in his tax plan, Cain acted angry and said he wouldn't answer questions. Here is information on Mark Block, who supposedly invented the tax plan (I think he stole it from Sim City): Cain was a radio show host who was noticed by the Koch-funded lobbying group Americans for Prosperity. They paid him to travel around in 2005-06 to make speeches to people who might start local chapters. Hired to lead Wisconsin's chapter was Mark Block, rebounding from a campaign scandal. Block is now Cain's campaign manager and probably plays Sim City. Many top Cain staffers come from Americans for Prosperity, the Koch lobbying outfit which now has its own presidential candidate. http://hosted.ap.org/dynamic/storie...HERS?SITE=PASUN&SECTION=HOME&TEMPLATE=DEFAULT
This makes it worse. Lowrie, not Block, supposedly invented the tax plan. Lowrie isn't connected to Cain's campaigh like Block, his campaign manager. Lowrie's just a leader of Americans for Prosperity. So Cain is simply representing the AFP's national program, including their tax plan. He's not his own man.
All parties are hairbrained, and corrupt. No party can fully represent the views of more than a single person.
Nonsense. Any honest person who has ever run a business will tell you the number of employees hired is solely dependent on demand for their products/services. Wages, taxes, and insurance have absolutely nothing to do with how many positions a company hires.
Simply not true (as usual), Maris. You think GM might hire a bunch of people to build and sell their electric car before there's demand for it? 15% of a company's spending should be R&D, which has nothing to do with demand.
Sure that's the example you want to run with? http://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
Ch...ch....ch...ch....ch...changes. http://news.yahoo.com/cain-tweaks-9-9-9-tax-plan-allow-151322301.html
"We simply chose not to talk about this piece earlier," he told reporters. "We didn't want to put it all out there at once." har de har har. barfo
I looked at his WWW site a couple weeks ago and it says that 9-9-9 is the first step toward implementing the FAIR Tax plan. http://www.hermancain.com/999plan Phase 2 – The Fair Tax Amidst a backdrop of the economic renewal created by the 9-9-9 Plan, I will begin the process of educating the American people on the benefits of continuing the next step to the Fair Tax. Ultimately replaces individual and corporate income taxes Ends the IRS as we know it and repeals the 16th Amendment
The Fair Tax: http://www.fairtax.org/site/News2?page=NewsArticle&id=8351 Rebate to all households each month the federal sales tax they pay on basic necessities, up to an independently determined level of spending (a.k.a., the poverty level, as determined by the Department of Health and Human Services), which removes the burden of federal taxation on the poor and makes the FairTax Plan as progressive as the current tax code,
The electrified fence thing is his real gaffe. I don't like the 999 plan but you people defending the current tax code are naive.
Basically, he'll pimp himself out to anyone who will pay him. You really can't get much lower than lobbying on behalf of the cigarette companies. barfo
