Cain is still committed to the Fair Tax. 999 is phase I of his economic plan, is intended to be a temporary bridge to the Fair Tax.
The idea is to bring Fair Tax and Flat Tax proponents together, cut spending, and educate people on the Fair Tax so they will put pressure on Congress to pass it. It is hard for people to “get” how 23% consumption tax can work, but a 9% consumption tax will allow them to see how it can work.
[It is hard for people to “get” how 23% consumption tax can work, but a 9% consumption tax will allow them to see how it can work.]
So you’re saying that Americans are not capable of studying how the VAT Tax works in Europe; that we have be gradually spoonfed towards what I would consider to be another step towards full-blown Socialism. No thanks.
http://ec.europa.eu/taxation_customs/taxation/vat/how_vat_works/index_en.htm