“A simple flat tax will be preferable.”
We have a large underground economy with some ripping off social services while driving around with $1,000 rims on their cars. The 9% sales tax is the only way to tap into many of these parasites. With flat tax they pay nothing.
The 9% tax on income is less than SS & medicare working people pay now. With no taxes on capital gains and dividends, maybe us worker bees who save can accumulate a nest egg. Privatized SS could finally allow poor people to inherit the $ now confiscated at death. Cain will unleash the economy.
Some will avoid sales taxes too with off the books activities.