[Baynative]

What could possibly prevent 9-9-9 from becoming 12-12-12, then 16-16-16 as congress gets to tool with it over the years?

[yup2394871293]

Art, how do you prevent the 9-9-9 from turning into 27-27-27?

[Perdogg]

When I was in High School, I ate a whole medium Goldfather’s “supreme” pizza by myself.

[Donnafrflorida]

I never liked huntsman but I lost some respect for Ms bachman with the upside down 999. Many who support Cain are God fearing country loving people. To bring up 666 against Cain was really ugly.

[justsaynomore]

Pinganator!

NBC/WSJ poll: Cain now leads GOP pack (Cain 27% Romney 23% Perry 16%)
http://www.freerepublic.com/focus/f-news/2791874/posts

Oh my: Cain 30, Romney 22, Gingrich 15, Perry 14
http://www.freerepublic.com/focus/f-news/2791920/posts

“Cain Vaults to Lead in Poll” : WALL STREET JOURNAL
http://www.freerepublic.com/focus/f-news/2791936/posts

Herman Cain versus the established idealogue
http://communities.washingtontimes.com/neighborhood/middle-class-guy/2011/oct/12/herman-cain-versus-establishment/#.TpY2fI8WOOQ.facebook

Cain’s 9-9-9 Plan Gets a Closer Look
http://www.freerepublic.com/focus/f-news/2791905/posts

Kevin Hassett, an economist and senior fellow at the conservative American Enterprise Institute, praised Cain’s plan as moving toward a flat tax.

“If someone’s going to attack the 9-9-9 plan I would say they should be careful because you are talking about the Republican holy grail,” Hassett said,

The plan, Hassett said, hews to the conservative orthodoxy of “taxing consumption rather than success.”

HERMAN CAIN OP-ED: My Plan To Revive Economic Growth
http://www.bookerrising.net/2011/09/herman-cain-op-ed-my-plan-to-revive.html

SHOCK POLL: Herman Cain Leads GOP Nationally! (PPP Poll has Romney trailing by 8 points)
http://www.freerepublic.com/focus/f-news/2791769/posts

_____________

Ready to help get Cain to the WH? Give your time, talent or treasure here: http://www.hermancain.com

[Carry_Okie]

Cain is so far my preferred alternative. That said, I want you to envision the IRS monitoring every transaction to get its cut, including every drug deal, or every instance of barter. They would want agents everywhere and collecting it might well justify chipping. In fact, that Perry hasn't latched onto this shows how stupid he and his campaign really are. I am flagging the Perry worshipers so that they can force the issue at the top.

So, as much as I like consumption taxes in principle, this is one proposal where the devil is truly in the details and Mr. Cain should be very clear about what he proposes to make this both workable, just, and minimally intrusive.

[Jane Long]

The funny thing is I last saw Art Laffer at an event where Perry spoke - sponsored by the TPPF (Texas Public Policy Foundation). Their Pres. & CEO used to work for Perry.

TPPF recently installed Art Laffer as a Sr. Fellow.

[TexasFreeper2009]

The elimination of the home mortgage deduction would destroy what's left of the housing market in America for a generation.

I honestly can think of nothing worse that could be done to worsen the housing crisis.

[tips up]

Yikes! It’s just an idea and a more coherent one than anything from any of the other candidates. Even if Cain wins, this goes nowhere unless Congress creates the legislation and passes it. Odds of something as simple as 9-9-9 coming out of Congress is between slim and none.

[samtheman]

They say endorsements don’t matter but this one carries weight with me.

[Ramius]

The “they’ll just raise it” argument against the 9-9-9 plan is a non-starter. You can say the same thing of any tax. My biggest problem with the plan is the federal sales tax— digging deep into the main revenue source of state and local governments. It’ll kill off that revenue.

I still like Cain. The 9-9-9 plan doesn’t have a prayer of passing Congress, so I can still safely support him if I need to.

[Oatka]

Put that tax on services as well, since this is supposed to be “Service Economy”. That means everything from lawyers fees and stock transactions to tanning salons and dog grooming boutiques. Maybe it would go down to 6-6-6. :-)

[Reagan Man]

Art Laffer was a great Reaganite. I haven't paid much attention to Laffer or taken him seriously since he told the world he voted for Bill Clinton, TWICE!

Cain is starting to look like a Perot-clone v.2011.

Cain's 999 tax plan is nothing more than a gimmick. It expands the federal tax system by adding a national sales tax to the mix. Conservatives don't want more tax options that liberals could use as a tool of social engineering and class warfare. No thanks.

[the invisib1e hand]

bump to the title, y’all.

[uncbob]

Yep it was the Laffer curve drawn on a napkin that influenced Reagan if I remember reading correctly

[Brookhaven]

Well that thread got hi-jacked pretty quickly. I’m not sure there was even a single post that dealt with the subject of the article: Art Laffer—the father of supply side economics, the economist that designed Ronald Reagan’s economic plan that pulled us out of the Jimmy Carter recession and set us on the path of 20 years of economic prosperity—just endorsed...Herman Cain’s 9-9-9 plan.

This thread should probably be reposted, since it got hi-jacked.

[April Lexington]

WAIT! Are you saying that Arthur Laffer is no longer a Liberal? Wow! Whoda thunkit?

[April Lexington]

I hereby declare, now that Palin turned out to be a FLIRT, that I support Herman Cain. That is all...

[GSWarrior]

My sense is that any kind of tax reform will be like turning over a rock.

Do we really expect politicians and special interests to just merrily go along without a tooth-and-nail fight? Government interests will try to kill this at every opportunity.

If a spotlight is shined on the depth of institutionalized government handouts and special interest favoritism the government will not come out looking good at all.

Large corporations lobby for the government to have more power, and in return the government enacts laws and regulations favorable to large corporations. Why is all or most of the focus on "evil capitalists?"

The Occupiers are yelling at the wrong people.

[Brown Deer]

"Herman Cain’s 9-9-9 plan would be a vast improvement over the current tax system and a boon to the U.S. economy," Laffer told HUMAN EVENTS in a statement. "The goal of supply-side tax reform is always a broadening of the tax base and lowering of marginal tax rates."

Added Laffer: "Mr. Cain’s plan is simple, transparent, neutral with respect to capital and labor, and savings and consumption, and also greatly decreases the hidden costs of tax compliance. There is no doubt that economic growth would surge upon implementation of 9-9-9."

The Laffer Curve: Past, Present, and Future