Clairity,
You started this thread over an hour ago, and have not responded to any comments since.
The question above, from jafojeffsurf, is a fair question that deserves an answer.
I already spent waaaaaay too much time on FR today.
Did you read the excerpt I posted?
“Part of Mr. Cain’s appeal is his willingness to challenge political convention, and he certainly has with his tax proposal. Voters like that he isn’t a lifetime politician but a successful business owner who has met a payroll and created jobs. But his endorsement of a sales tax on top of the income tax is a political gamble that would eventually finance an even larger entitlement state. Better to reform the devil we know — the income tax — than to introduce another devil and end up with ever-rising rates of both.”
He is going to eliminate all the deductions and exceptions, then the tax rates can start and continue to rise. Remember, the income tax started as 1% ON THE RICH. making over $1 million, when that was real money and look where we are now.
Opening the door to both income tax and sales tax is handing the government the key to your house to rob you blind.