Herman Cain Will Crusade Against Income Tax

HUMAN EVENTS Interview: ^ | Oct 3, 2003

[Veritas_est]

HUMAN EVENTS Interview: Herman Cain Will Crusade Against Income Tax Posted Oct 3, 2003

Human Events: When you speak about replacing the tax code, what would you replace it with?

CAIN: I would replace it with a national sales tax/consumption tax. It has already been introduced by Congressman John Linder [R.-Ga.] in the House. It has been well-researched by an organization called Americans for Fair Taxation started in 1995. It has been well-researched, well-documented. It has a lot of support from economists, intellectuals, academics, practitioners, business people. There's a lot of support for it. The consumption tax would provide, on average, a 30% increase in take-home pay for the average worker. The typical workers making $85,000 a year or less would be able to take home all their pay, because it replaces the personal income tax (so no deductions are necessary). It replaces the payroll tax. And it also replaces corporate income taxes and it replaces the estate tax. It replaces all of those and it generates the same amount of revenue with a 23% rate that people would pay on all new goods and services.

[Jen]

You're the first one to pick up on that.

Ohhhh. OK, thanks for confirming the meaning of your name. I received an email today that might be of interest to you. Since I'm a girl, I have no need for what they're selling. Just FReepmail me your address and I'll forward it.

BTW Harry Browne will be the LP candidate for prez.

And that has what to do with a Senate race in Georgia?

[Nanodik]

And that has what to do with a Senate race in Georgia?

Nothing really. It was a comment on the odds that Republicrats really want to or will do anything substantive once elected. I could have said "when hell freezes over", but at least by comparing it to the LP's chances of getting elected, I make a point about how best to actually limit govt in the future.

As for the other thing, why don't you pass that on to the guy who fancies himself Thomas Paine. My experience is those who need to hide behind grandeur have the most to compensate for.

[Jen]

Nanodik, I find it very difficult to see where you are coming from. Ideologically speaking, of course.

[Nanodik]

Nanodik, I find it very difficult to see where you are coming from. Ideologically speaking, of course.

Now you're catching on. With a little more imagination, you should be able to come up with a better alias than "Jen".

[Atlantian]

Please add me to the Cain ping list. I had the pleasure of meeting Veritas_est at the ProLife rally in Atlanta today as he was passing out Cain literature.

Herman Cain was there, but I just missed seeing him. Darn.

[Atlantian]

Sorry, I posted to the wrong Freeper, I meant to post to NewLand. Please add me to the Cain ping list. Thanks.

[Principled]

I say YES to the Fair Tax.

But the article makes it sound like something happens at $85,000 income level????

That is not the case. Income is no longer important with respect to taxes...

[Principled]

Hello tax reformers....

[spodefly]

Please add me to the Cain ping list. I had the pleasure of meeting Veritas_est at the ProLife rally in Atlanta today as he was passing out Cain literature. Herman Cain was there, but I just missed seeing him. Darn.

I believe you want NewLand to add you to the list. I am but a pingee. NewLand is the pinger.

[Principled]

BTW Harry Browne will be the LP candidate for prez.

Hasn't he been such for the last three cycles?

[Principled]

Now you're catching on. With a little more imagination, you should be able to come up with a better alias than "Jen".

Posted by "Nanodik".

Priceless.

[Bigun]

Put me in the DEFINATELY YES column!

I is time...NO!...LONG past time to put the income tax and the IRS onto the ashheap of history where they so properly belong!

[Principled]

THe bill (HR 25) has 42 cosponsors now...and has been introduced in the Senate (1493) ... progress is being made. Keep educatin'!

[kevkrom]

weigh in with your pros and cons on the national sales tax/consumption tax

I didn't know it had any "cons". The usual compaints about it come from the uneducated (and most especially from those unwilling to be educated) about the topic.

Pros:

• Puts the burden of the federal government on every receipt instead of hiding it inside layers of VAT-like hidden taxes
• Lets individuals have first claim on their money and what they want to do with it
• Does not discriminate on age, race, gender, income, religion, or an other political or social grouping
• It is cost-of-living agnostic -- income tax brackets disproportionately tax those in higher cost-of-living areas
• The government no longer has the right or need to compel individuals to provide their financial details
• ...

[ancient_geezer]

THe bill (HR 25) has 42 cosponsors now...and has been introduced in the Senate (1493) ... progress is being made.

Heck, isn't anyone going to provide folks with some links to the bills so they can study the legislation?

H.R.25
SPONSOR: Rep Linder, John (introduced 01/7/2003)
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

S.1493
Sponsor: Sen Chambliss, Saxby [GA] (introduced 7/30/2003)
Title: A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.

Refer: http://www.fairtax.org & http://www.salestax.org

Keep educatin'!

Hehe, example & visual aids never hurt. :O)

[Ditto]

OK, thanks for confirming the meaning of your name.

I understand that smoking a lot of dope can cause shrinkage. ;~))

[Nanodik]

Two, I think.

[Jen]

Was I too subtle in #23? I failed to get a rise, so to speak, out of Nanodik. ;-)

[Jen]

I understand that smoking a lot of dope can cause shrinkage. ;~))

So I've heard. It seems like an easy choice to make to me - but then I'm not a guy or a doper.

[Ditto]

"...but then I'm not a guy or a doper."

Or a Harry Browne groopie. ;~))