Posted on 10/15/2011 7:43:34 AM PDT by mandaladon
JACKSON, Tenn. (AP) — Herman Cain is firing up the crowd at a tea party rally in this West Tennessee town when the generator powering his sound system shudders to a halt.
Cain stands awkwardly for a few moments then suddenly begins to sing. Slowly at first but gaining in speed, he belts out "Impossible Dream" in the rich baritone he's honed in church choir.
"You know, when it's your rally, you can do what you want to do!" Cain says as he finishes with a raucous laugh. The 500 or so supporters who have jammed the strip mall parking lot to hear the Republican Party's newest star speak roar their approval.
Momentum restored, Cain launches into a pitch for his signature 9-9-9 tax plan, and the crowd is right there with him, chanting 9-9-9 along with the Georgia businessman. The plan would scrap the current tax code and replace it with a 9 percent tax on personal income and corporations as well as a new 9 percent national sales tax.
The 65-year-old's improbable campaign for the presidency is all about momentum right now. How does he maintain the wave he's riding in recent polls that have catapulted him from an also-ran in the GOP race to the elite top tier?
There are many reasons his bid could fade as quickly as it rose. He acknowledged Friday that he will trail former Massachusetts Gov. Mitt Romney and Texas Gov. Rick Perry significantly in fundraising. Cain has never held elected office and could wilt under the rigors of the campaign trail and the withering scrutiny coming his way.
(Excerpt) Read more at news.yahoo.com ...
born December 13, 1945 in Memphis, TN (Meets the Jus Soli Requirement)
Parents were
Luther Cain Jr., born March 16, 1925 in TN, died March 29, 1982 in Atlanta, GA
Lenora Davis, born July 27, 1925 in GA, died August 20, 2005 in Atlanta, GA
Both parents were US Citizens at the time of his birth (Meets the Jus Sanguinis Requirement)
Herman Cain is a NATURAL BORN CITIZEN
Barry Soetoro aka Barack Hussein Obama ISN'T!
MSNBC’s take on Cain’s rise to the top of the GOP field is that...he’s gaining traction because it allows racist Repulicans to disguise their racism by voting for a blackman.
No, really.
not just voters, but Indpendents, who are looking with favor on the 999 plan, which is the kind of out-of-the-box bold thinking that caused them to become Independents in the first place.
Conclusion
Mr. Cain’s 999 plan is on the right track with its goal of a lower, flatter, simpler, fairer, more transparent tax system. Nine percent would be a wonderful top rate for the income tax, compared to today’s 35% top rate. And let’s face it, abolishing the payroll tax and the death tax would simply be awesome.
But adding a national retail sales tax on top of the federal income tax (even a flat tax) is a bad idea, because it creates the infrastructure for a federal-level, European-style VAT.
And if Cain’s 9% personal flat tax failed to remain flat (as happened with Ronald Reagan’s promising but ultimately failed 1986 tax reform), we would end up with the worst of both worlds: a confiscatory income tax and a job-crushing VAT.
Paradoxically, then, if you want higher taxes and permanently bigger government, one way to get there would be to support Herman Cain’s 999 plan!
Two rousing cheers, for boldness and imagination. And one bronx cheer, for a dangerous lack of foresight.
http://www.freedomworks.org/blog/dean-clancy/herman-cains-999-plan-the-good-the-bad-and-the-ugl
Without any deductions for money put into 401k, IRA, and HSAs, my wife and I paid slightly less than 9% on a gross income exceeding $135K; tell me again what the advantages are of the “9-9-9” plan?
Acording the IRS, as quoted in yesterday’s Wall Street Journal, taxpayers making between $50K and $100K pay an average of 9% in tax; tell me again the advantages of the “9-9-9” plan?
Or as Rick Santorum asked, “What’s wrong with ‘0-0-0’?”
He can barely pack a union hall these days.
Nominee Herman Cain will absolutely CLEAN THE MESSIAH'S CLOCK in the 2012 debates. Obama's teleprompters will even be shedding tears and tottering. This is our last chance as a Republic folks. 4 more years of Obama and its over for the USA.
Herman Cain LOVES his country, he takes pride in being an American...those two attributes alone make him a winner.
Very well said. One thing I will add is to contrast Cain from Obama. Cain loves the country. Obama? Do even Democrats think Obama loves the country?
“he will trail former Massachusetts Gov. Mitt Romney and Texas Gov. Rick Perry significantly in fundraising.”
His Q3 fundraising was 2.8 mil compared to 2.4 in Q2.
If the statement above were true, he shouldn’t be where he is. It is obvious that he can do more with the money he has than the other guys. A large number of passionate volunteers and a clear conservative message goes a long way.
The advantage of the 999 plan is that it distributes the tax burden more fairly, and is simpler to understand and use.
It also forces tax scofflaws, and other ‘freeloaders’ into paying taxes.
It lowers the tax rates on job creators, freeing up more money for investments and new job creation.
It also makes it much harder to raise tax rates.
Need more? Let me know, there are dozens more reasons why this bold, new, plan is good for America.
Pinging the “Cainivores” (hattip Kartographer):
(from a Facebook post) Media Distortion 101: Herman Cain did NOT raise just 1 million dollars...He has a million dollars on hand. He raised $2.8 million in Q3...Romney raised 14 million in Q3 but only has 2.2 million cash on hand...
________
Herman Cain: Visits Bartlett
http://www.wreg.com/news/wreg-cain-bartlett,0,6371777.story
Rich Lowrie Discusses Herman Cain’s 9-9-9 Plan
http://www.youtube.com/watch?v=9iKkDcDmf7I&feature=colike
Cain the tax-code killer (Larry Kudlow)
http://www.freerepublic.com/focus/f-news/2793143/posts
Cain’s 9-9-9 Plan Gain’s Big-Name Backers (Art Laffer, Paul Ryan)
http://www.freerepublic.com/focus/f-news/2793157/posts
The Next Black President
http://www.freerepublic.com/focus/f-news/2793080/posts
Cain book debuts on NY Times bestseller list #4
http://thehill.com/blogs/blog-briefing-room/news/187385-cain-book-debuts-on-ny-times-bestseller-list
Cain’s ‘impossible dream’ resonates with voters
http://www.freerepublic.com/focus/f-news/2793167/posts
WTH! Peter Schiff stumping for Herman Cain?
http://www.freerepublic.com/focus/f-news/2793058/posts
Cain 58.6%
Romney 41.4%
7569 Votes
http://online.wsj.com/community/groups/election-day-684/topics/romney-vs-cain-frontrunner-would?commentid=3196579
VANITY- Why does GOP “Elite” hate Cain?
http://www.freerepublic.com/focus/f-news/2793040/posts
How is Herman Cain’s 9-9-9 Plan Good for America
https://sites.google.com/site/giveemcain/home
Don’t Dis Cain
http://www.freerepublic.com/focus/f-news/2793171/posts
Cain wins GOP straw poll at Orangeburg fair (SC)
http://www.thetandd.com/news/article_eab54294-f551-11e0-81a1-001cc4c03286.html
FLASHBACK: Cain on Energy Independence
Herman Cain on Energy Independence (May)
http://www.youtube.com/watch?v=9bDRyOeZoEs
Herman Cain: America Will Be Its Own Best Customer! (of oil - July)
http://www.youtube.com/watch?v=lpBKNmEudDo
Herman Cain on Energy “I Will Deal With the EPA”
http://www.youtube.com/watch?v=l8HcqSWaysk
Oil Abounds in America, but Democrats Vote to Keep It In the Ground
May 26, 2008
By Herman Cain
http://economicfreedomcoalition.com/news/press-opinion-052608.asp
I swear, I’m waiting for someone to call 999 a “Risky Scheme.”
You spend less when most of your staff is all volunteer.
Says something doesn’t it.
Amazing he got to front runner with little money.
The other nominees throw money at their campaign just like they wood as president.
I like Cains style. Lean and mean
You spend less when most of your staff is all volunteer.
Says something doesn’t it.
Amazing he got to front runner with little money.
The other nominees throw money at their campaign just like they wood as president.
I like Cains style. Lean and mean
Wood. LOL
If a person with gross income from wages of $50,000 to $100,000 files single, has no dependents, no itemized deductions, no tax credits, etc. the person ends up paying approximately 28% in federal income tax. Add the 7.65% in Social Security and Medicare tax and that’s 35.65%.
The federal government has been gradually sneaking a sale tax structure into the federal income tax for years. You’re eventually going to get a federal sales tax one way or another. Might as well as just fess up to it and simplify the whole tax code which is just a mess of social engineering, political pay offs, and wealth redistribution provisions.
Just one problem with that doomsday scenario--it would be political suicide for anyone to vote for it. And the majority of congressmen are in no hurry to unilaterally and abruptly end their careers over a lethal vote.
If we ever got to where such a situation could actually pass, we'd already be dead and rotting by the roadside anyway.
But his plan is much much better than what we have now. And with the exception of Gingrich, who has proposed a 15% flat tax, Cain is the only one who's plan isn't to nibble around the edges of our current system. That's a great barometer for who's a conservative and who's not. Cain has said he's willing to listen and wants good ideas. And we both know what he has proposed will never pass Congress. But he might get some broad, sweeping changes even if he doesn't get a full replacement of our current system just by pushing the issue. And right now by looking at the news cycle the issue is definitely being pushed.
Thanks for taking the time to read this.
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