The issue of price stability is not the issue with the 999 plan.
The issue is that Cain’s plan to transition to the FAIRTAX will be stripped out by Dem Senators leaving 999 bare and sent to the President who will then be faced with a challenge to sign or veto. Whoever the President is will sign because the political backlash will be too much to bear; wage earners will receive more take home pay, corporations and businesses will receive a much needed tax break and the national sales tax will become a VAT hidden away from consumers.
The issue then is that the United States will have:
1. An Income Tax
2. A National Sales Tax
3. A VAT
and over time the 9-9-9 will become 29-29-29+Hidden VAT.
Congress is full of deceit, always touting good intentions but never delivering on rolling back any tax until the grassroots has had enough, and even then the snake oil peddling politicians will use all kinds of sweet lies to fool the public yet once again.
Best to get behind the FAIRTAX and stay there.
http://www.fairtax.org/site/PageServer?pagename=about_faq
Study Study Study and Ask Questions!
“the national sales tax will become a VAT hidden away from consumers”
Why? A national sales tax has nothing to do with a VAT. If Democrats are hell bent on adding one, they’d do it with or without 9-9-9. Nothing about 9-9-9 makes a VAT more likely, because, unlike currently popular speculative fever dreams, VATs are not pumped up sales taxes. They have nothing to do with eachother, any more than income taxes and tariffs do.
Actually, income and corporate taxes ought to be more of a concern, as they have spawned the sort of Leviathanian tenticles for collection and oversight necessary for spontaneous VATS and completely unnecessary for the implementation of a retail surcharge.