Posted on 10/18/2011 1:47:02 PM PDT by BarnacleCenturion
“Get my drift? Herman Cain recommended a retail sales tax at the federal level. He never recommended a VAT tax.”
“The misunderstanding concerns the third component. Most media reports, taking the lead from Cains own terminology, continue to describe it as a business or corporate tax or even as a tax on corporate profits. Yet, the tax is actually a value added tax (VAT), a fact confirmed by the economic analysis circulated by Cains campaign.”
http://blog.american.com/2011/10/cains-9-9-9-tax-plan-the-good-the-bad-and-the-ugly/
In short, Cain recommended a national retail sales tax and a separate tax that de facto is a VAT. Get my drift?
That said, he is without a doubt the smartest person, the most knowledgable person, in any debate and more important, he has a clear conservative understanding of what the policy should be. I wish Herman Cain would avoid some of his uncertainties---which naturally comes from not being in Washington having briefing papers handed to you every day.
I think what Newt also shows is how incredibly STUPID Obama really is---to be inundated with this stuff daily and still not "get it" on ANY major policy.
Based on history, I’d give 2:1 that he endorses Romney. I don’t think that’s who he’d LIKE to endorse, but he’ll be convinced to do so by party power brokers.
Hank
Ouch! The "anti-Romney" isn't even "electable" in the hypothetical "two-way race" with flip-flop Mitt that the Perrydactyls would always insist is going to materialize.
Since Mr. "Electable" can't even beat an uber-RINO if ALL the other candidates dropped out, it's time he really read the writing on the wall and hung up his Presidential campaign. We don't need this guy splitting the conservative vote during the primaries. I predicted monthes ago that Perry's presence in the race would just muddy up the race with more mediocre candidates and split the conservative vote further.
But isn't it cute how his the perrydactyls tried to claim that Cain is "running to be Romney's VP"? Perry has alot more in common with Romney and would be far more responsible for nomination than the guy polling AHEAD of Romney. Looks the the "Cain = Romney VP" talking point is dead. I wonder what new talking point they'll unveil on Monday?
Romney attacked Perry on Social Security from the left. Then Perry (counter-)attacked Romney on illegal immigration from the left. And Perry has no idea how to debate even when he has plenty of time to prepare..
If this is our choice we are screwed.
A ticket of Romney and Perry would be uninspired to say the least.
Never believe PPP. It is run by liberal democrats. They always have on top the candidate they think Obama can beat.
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