Monday, October 3, 2011

Cain's 9-9-9 Plan gains traction!

Republican GOP presidential candidate Herman Cain is now being taken seriously. No, not because he won the Florida GOP Straw Poll, but because the elite of the Elite Media has decided his 9-9-9 tax reform plan is worthy of gracing its pages.

I think he is a compelling and refreshing alternative to the Establishment GOP which gave us John McCain. And we believe his tax reform plan should be vigorously debated and if nobody can come up a better idea we think his 9-9-9 might just be better than what we have now.

Not only is the current tax code excessively complicated, but it is inequitable. It is riddled with special interest loopholes designed to insure the re-election of incumbents. The simple fact of the matter is exactly what Barack Obama complains about: "everybody should (but does not now) pay their fair share." When 40% of the taxpayers pay NO Federal income tax something is dreadfully wrong. The fundamental problem with the mess we now have is that we have reached the point where those who pay nothing in Federal income tax elect politicians—of both parties—who are hell-bound to continue to give those tax breaks in order to get re-elected.

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