I propose that the federal government reduce its spending to match it's revenue stream. That is what I and we have been proposing for years. I have certainly never heard the tea party screaming for a new federal Tax on everything.
Herman Cain is proposing a transition to a flat tax where everyone pays and Congress can't manipulate the system behind the scenes like they do now.
he's also proposing a 9% sales tax increase. I already pay a 7% sales tax. I got news,as a middle class type person, I pay more than my fair share of taxes to the government via sales taxes, FICA taxes, medicare taxes, gas taxes, liquor taxes, income taxes, property taxes, etc. I'm not going to support a candidate that expects me to pay more. Herman Cain does not have my vote. no way.
I understand since I'm in the same boat (except the liquor tax). Cain wants to remove most of those taxes you referenced. No more FICA tax, no more Medicare tax, no more gas taxes. He wants to replace it with a sales tax and income tax that everyone pays, not just some of us. And the elimination of the all the crony deals and reduction of the corporate and capital gains taxes would allow the free market to drive down prices far more than the 9% added sales tax. The progressive income tax we have now is an tool of redistribution. Cain's plan needs work and can't pass the way it's written. But it's far better than what we have. Gingrich has proposed a 15% flat tax. The countries that have gone to a flat tax have had amazing economic growth. Anyway, thanks for answering me. I appreciate the discussion.