Posted on 05/13/2011 7:24:54 AM PDT by Brookhaven
Herman Cain is the new exciting Republican candidate in the 2012 presidential race. He has won several straw polls and the first debate among 2012 Republican candidates.
Cain, 65 years old, came from a successful business career, during which he returned restaurant chain Godfather’s Pizza to profitability and made the Philadelphia area’s Burger King branches the most profitable in the company.
Now, he thinks he can turn around the US economy and create jobs with his 5-step plan (listed below).
1) Lower the corporate tax rate to 25 percent from 35 percent. Cain said the US is the only country to not have lowered the corporate tax rate in the last 15 years.
2) Take the capital gains tax rate to zero. Cain said it would encourage investments in US businesses and create jobs.
3) Take the tax rate on the repatriation of foreign profits for US companies to zero. Cain said this money, currently around $1 trillion for US companies, isn’t coming back anyway because of existing taxes on repatriating them. Taking away that tax would encourage investments in US businesses and create jobs.
4) Cut the entire 6.2 percent payrolls tax for workers and employers for 1 year. Cain said it would give American workers a 6.2 percent pay raise and “guarantee” that the US economy grows faster. Cain believes smart tax cuts like these are self-financing, meaning they’ll pay for themselves by stimulating the economy and raising the tax revenues.
5) Make the tax rates permanent or indefinite. Cain said uncertainty on tax rates is “killing investments” in the US economy.
Below are more positions articulated by Cain.
- Repeal ‘Obamacare’ and replace it with a more patient-centered legislation.
- Cut government spending across the board, then drill down and eliminate wasteful programs and agencies.
- Change Social Security to something similar to the Chilean model of personal retirement account option.
Cain said the American people need to take back the American dream, which has been stifled by “too much legislation, too much regulation, and too much taxation.”
He said he will help Americans take it back by creating jobs through what he calls the “direct stimulus” of tax cuts rather than the “indirect stimulus” of government spending.
Wonder how Herman Cain feels about the H1B visa program. Will he side with American workers who are losing their jobs to nationals from India or will he side with the Chamber of Commerce RINOs like Orrin Hatch.
- Cut government spending across the board, then drill down and eliminate wasteful programs and agencies.
DEFUND THE EPA, THE UN AND ANYTHING WHERE THE FEDS ARE CONNECTED TO EDUCATION!
Herman Cain did not get where he is today by being soft, stupid and thin skinned. He will take what they send out his way and he will stand tall like a real man and a real American. That man is tough. PLUS...he SMILES and is PLEASANT to listen to and is more like how we used to view Presidents years ago. We may not agree with all issues but...we still like the man and we KNOW he is a true American who loves his country and will bring it back to its greatness!!! Works for me. I LIKE Herman Cain and if he puts his hat in the ring...I’ll gladly lick and address envelopes!!! Herman Cain 2012
I was hoping for a pizza subsidy....
But - did anyone see Mark Steyn on Hannity’s show last night? He just dismissed Cain, Palin, and other conservatives in favor of Tim Pawlenty, who he thought was maybe the best of a bad lot.
Mr. Steyn, meet the shark...
I'm not really a T-Paw fan, but I do see the logic in running someone safe, sane, objectively qualified and without massive negatives.
I think Cain did very well, and by far was the winner of the Fox debate. It's a hell of a risk going with someone who's never run for office before, though. You might not be corrupted by the system, but running the election gauntlet in at least one tough race will show any critical defects that need to be addressed. He's a smart guy, a solid businessman and he talks the conservative talk like a champion. I don't know that an independent voter is going to give 'the Pizza guy' the same attention they would a Governor or Senator.
Palin certainly found that out the hard way. She brings a lot to the table if she runs, but she can't crack 50% by herself. She's a lot more clear and competent sounding these days, and you can tell she's learned a lot over the last 2 1/2 years about dealing with the media. She needs a lot more public image overhaul before she'll get a fair shake from independents, even ones who are tiring rapidly of Obama. Will she be ready by 2012? Hard to say.
There's a winning campaign formula, if I ever saw one. It's in perfect alignment with the Tea-publican stance.
Our universities are turning out mostly social activists with degrees of negligible value in the market place. Thus, we use the H1B visa program to hire personnel to run and work in our companies.
If you have a degree in the Pure and Applied Sciences or medicine there are plenty of jobs for you.
You mean the Chamber of Commerce that has the audacity to think a business has the right to make their own decisions? THAT Chamber?
Or do you, as a conservative, pick and choose which causes you think big brother government should get involved with because you think there’s this vast reservoir of hard working honest talented folks who are unemployed because their meanie fat cat bosses outsourced their jobs?
Hmmm. You may not like it, but Cain would never support the government telling a business anything about where they should hire, fire or locate. He would however be in favor of the government getting the hell out of the way so that hiring Americans would be more profitable.
Not the corporate tax rate.
I like Herman Cain, too. I would love to see him succeed!
Well then, let’s hope he gets elected and see what he can do.
At least he has a plan and has stated it.
Maybe it will bring in some support money?
I’m still waiting for John Kerry’s plan, I mean... I...I did
really want to hear it, didn’t you all?
That’s probably one of the reasons we never seem to get a president that really gets to do what he says he will.
When the biggies can pay no taxes via the loopholes, it doesn’t matter what the corporate tax rate is. If Zero taxes is not enough to create jobs, then what is?
Good point.
However, I believe these loopholes should be closed as well.
At this point Cain is definitely "The MAN with the PLAN".
I like his thinking, I like his attitude. He just may be the solution to FIXING our BROKEN system of government.
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Herman Cain Ping! We The People are still in charge of this country! - H. Cain, Atlanta Tea Party |
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