“I mean, once Cain is in the White House, how likely is it that, he’ll actually propose the plan, and how likely is it that congress will actually take it up or even discuss it seriously?”
They won’t even discuss. It is already DOA even if he was to get elected. There are a great many things to like about Cain....but the 999 plan is not one of them. I honestly don’t understand who would like this? I HATE paying sales tax. I already pay about 9% income tax under the current code (after deductions, etc.). Why would I want to pay an additional 9% sales tax? That is a no duh thing.
I really do like Cain, but the 999 is not enough to propel him into the Oval Office......it is too simplistic and won’t fly with congress. He needs to move away from it, to a realistic plan to gradually reform the tax code. If he sticks with the 999 platform he is in danger of being a one trick pony.
I would rather pay sales taxes then income taxes;
The sales tax is the only type tax the founding father endorsed.