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To: SeekAndFind

“If we can’t depend on this, then WE’RE SCREWED BIG TIME.”

Fair point. But a) strictly speaking, Cain’s plan is unconstitutional. The federal government is not constitutionally permitted to levy a sales tax. The only reason an income tax is allowed is because of the 16th amendment; b) leaving aside constitutional constraints, I’d be comfortable with Cain’s plan if and only if we first repealed the 16th amendment and then also passed a balanced budget amendment that capped total government spending at some reasonable fraction of GDP (e.g., 25% for F, S, L sounds nice). Otherwise, the criticism of several of the candidates last night is correct: Cain’s plan simply opens up 2 new massive spigots of federal revenue.


72 posted on 10/12/2011 8:13:08 AM PDT by DrC
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To: DrC
Which is an utterly irrational complaint to make about 9-9-9. There is nothing that stops the current tax rates from being hiked by Congress. The notion that 9-9-9 gives Congress MORE power, as Tax Lawyer Bachaman claimed, is completely divorced from reality.

Congress has that power now, there is nothing in 9-9-9 that gives them any more power then they currently have right now.

9-9-9 actually makes it much harder to raise taxes. Since everyone pays, everyone knows any tax hike will be paid by them personally.

9-9-9 eliminates ALL the current loopholes Congress currently has in the Tax Code to favor this or that group. It also eliminates any ability to pass off goverment spending as someone else paying for what you are getting. Since everyone pays, everyone knows they will pay more to "get stuff" from the Government.

So find a new attack line cause that one is completely baseless.

107 posted on 10/12/2011 8:48:41 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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