This is an outright lie. Do your homework.
I think it’s a fairly balanced article. In fact, most of it is devoted to spelling out the positives in Cain’s plan.
The problem they see, though, is that there is nothing to prevent the tax rates from rising, and there’s nothing to prevent the acceptance of the sales tax part without ever lowering the income tax rate.
Better, I think, to have one new amendment that simultaneously (1) repeals the 16h amendment, (2) prohibits anyone from instituting a legislatively authorized income tax, and (3) institutes a national sales tax with an upper limit of X%.
If it isn’t nailed down by the constitution then the legislature can easily keep raising the rates. They always have in the past. They’ll try again.
“This is an outright lie. Do your homework”
What’s a lie? Why do you Cainiacs insist on calling anyone who questions your hero a “liar”, but never seem to be able to specify what is a lie. Put up or shut up!
What lie?
The problem I have with all proposed tax overhauls so far is they have no inherent limiting factor. Cain’s 9-9-9 plan will become the 10-10-10 plan, and the 11-11-11-11-11-0-11-11 plan, as focused rates go up, tax targets proliferate, and manipulative exemptions abound.
Send the states bills once a year, and cash 50 checks a few weeks later. The IRS should be two guys working 4 days a year. Let the states figure out where the money is coming from, and let people vote with their feet which solution they want to be subjected to. And let the states, as powerful entities, say “that’s enough, you’re not getting any more.”
Taxing the little guy coming and going, paycheck to cash register, invites trouble.
The lie is right there in the headlines Hugin as Trsham points out. It does NOT add a sales tax onto the existing Income tax system