Funny that Art Laffer would be such a proponent of Cain’s 9-9-9 plan, as he was one of the architects of it. Can you say self interest, lol?
“One of the architects of Herman Cain’s 9-9-9 tax plan, economist Stephen Moore, said the contender for the GOP presidential nomination needs to drop his proposed 9 percent national sales tax. ...
Moore, who developed the plan with economist ARTHUR LAFFER and Wells Fargo wealth manager Rich Lowrie, said he would advise Cain to drop the sales tax, but that the plan was solid otherwise.
How is believing in a proposal you helped create "self-interest"?
I would hope that the architect of a plan such as this would be more than willing to endorse and defend it in public. DUH.
Any substantive comments on Mr. Laffer's analysis? Or do you really think it should just be ignored because Mr. Laffer helped design the plan?
Baloney. Where did you get that information. I have read nowhere where Moore and Laffer had anything to do with this. As a matter of fact Moore was on Kudlow this week slamming the Nat'l Sales Tax. If Moore had anything to do with this, why would he be ripping his own plan?