Not sure I see your point. Is your point that:
- Some who now pay higher taxes will pay *less* taxes
- Some who now pay *no/few* taxes will pay some/more taxes?
- Is it a “rich vs poor” argument?
- Is it that govt needs more/less revenue?
So far, all you’ve pointed out is the glaring obvious — that 9% income tax is less than 35% (or whatever) and more than 0%.
Might want to clarify or bottom-line your point. It’s not all that clear.
To be clear, my concern with Cain’s plan is that it adds yet another avenue for the Fed Govt to dip into my wallet. Has the Fed govt *ever* shown a willingness to repeal a tax? My fear is that the income tax will continue intact and the next Dem majority will have a field day with *two* ways into my wallet.
But as far as Cain’s rates not being progressive according to income levels (which I *think* is your complaint)— a flat rate (whether income or consumption tax) is a fair, level playing field for everyone regardless of success. It neither punishes nor rewards. You are entitled to succeed as much (or as little) as you dare without the govt trying to artificially throttle or boost your endeavors. It reinforces equality in opportunity (freedom) rather than equality in outcome (communism).
I would just rather there be one flat tax (income or consumption), but not both.
http://www.freerepublic.com/focus/f-bloggers/2799831/posts
"Mr. Cain’s main argument against the fact that his plan redistributes wealth from the poor to the rich is that, “it does no such thing.” But what does that mean? Simply stating “it does no such thing” doesn’t satisfy the anxiety. The real concern is that since the top 1% of income earners pay 38% of all income taxes, and because the 9-9-9 Plan reduces their tax rate by 74%, while at the same time exempting empowerment zone residents, that either a greater burden of taxes will be borne by the middle class and working poor, or the United States will go down in flames in a matter of weeks instead of years."
Sorry, I should have pointed that out. I just put the related links at the bottom of the post.