I'm not sure. The article is the only info I've seen on this suggestion, but I thought it was worth discussing.
The fact that we're even seriously discussing throwing out the tax code and simplifiying it is a huge plus, imho.
It’s rather difficult to have a discussion around this without all the CLEAR specifics because it’s too open for interpretation as all the other threads have proven.
I find it a little unsettling that this guy would come out and start jawboning in public about his musings on Cain’s plan, while claiming or allowing “architect” status to be attributed to himself.
That’s just not right, really.
Unless he talked it over with Cain first. Maybe this was a planned trial balloon?
If so, we need to let him know the answer is “no.” We want to try to go for the conservative Holy Grail of a consumption tax over a tax on producers.
Cain, overall, has been unwilling to reveal who his “smart people” even are, as he has said the only reason the media wants to know is so they can attack and try to discredit them.