True & a tough sell. You’re talking about selling this idea to innumerates. I don’t see it happening.
Many people (accountants and lawyers) are employed or have their own businesses doing either corporate or individual taxes. If all tax loopholes are closed, tens of thousands would lose their jobs. Unfortunately, it just won't work. Now if you wanted to try to phase it in, you might het parts of it enacted, but there are real logical impediments to passage.
I think some of them will change their tune, when they see “jobs” and economic growth.
Not everyone who is not paying taxes right now likes being broke. Some people want good jobs. Want to get ahead.
The rest? They were never going to vote R anyway.
Don’t have to sell it to innumerates - have to sell it to INDEPENDENTS. This ain’t economics, it’s politics. Right now, Mr. Cain has put a plan on the table that everyone is talking about. Whether or not it’s perfect economics, it’s damned good politics, and he’s reaping the rewards of being shrewd and thinking differently. Those are two of the qualities that Independent voters will be attracted to, in their search for the Not-Obama in 2012.
Laffer’s endorsement of 999 is huge.