That’s the good news: we are showing that the push for major tax reform is real. As Steve Forbes said, “The nightmare on Main Street is about to be over.”
In my view, Cain’s plan has some flaws, but I can’t say I’d call them “serious.” More like “normal.” As in, the normal types of issues that have to be hashed out a little more during the political/legislative process.
But viewing 999 in terms of principle — specifically the principles of the Laffer Curve — I couldn’t be happier with it. It fires on all counts. IOW, it’s got the principles correct and it needs a little tweaking on implementing them.
But I don’t see the correct principles in the Perry plan. For one thing, anything optional is not bold. But my real objections to it, I already told you. So won’t repeat! :)
Yup.
The good news is now we are having a national discussion on tax reform.