“The problem isnt revenue, the problem is SPENDING!”
Definitely.
Unfortunately, whether we like it or not, the majority of Americans prove time and again that they don’t really want lower spending when it comes to their pet cause.
Furthermore, our problem is not just spending which has not yet happened, but also that which already has - aka debt.
If you or I could run the country, no doubt we’d slash federeral discretionary spending by probably 75%.
All that said though, we are left to face “reality”.
Cain’s idea is to change the structure of gvt funding. I agree with many here who point out the slippery slope of a federal sales tax. But that slope is no slipperier than the current corporate and personal income taxe slopes.
You have to admit, 9% corporate and personal taxes would be a monumental boon to business.... I think we’d be drowning in jobs.
Spending WILL BE LOWERED. Not a question. The question is will it be a “managed deceleration” or a CRASH.
So why not drop one of the 9s and make it the 99 Plan?