I can't seem to leave some news stories alone...
Herman Cain and 9-9-9
OK, folks, this just defined the GOP Presidential Race.
Herman Cain has detailed even more on his 9-9-9 plan for the economy, and it makes perfect sense.
In a nutshell, the three 9s stand for:
9% Flat-Rate Personal Income Tax
9% Flat-Rate Corporate Income Tax
9% National Sales Tax
The studies indicate this would actually generate MORE income to the government while lowering the tax burden of better than 95% of the taxpayers.
Let’s use Mr. Obama’s favorite term: Fair and Balanced.
What could be more fair? Everyone, individuals and companies, pay the same tax rate. No one gets off free. No one gets off easier. No one pays more than their share.
What could be more balanced? Everyone pays the same income tax, but those who buy more pay more in sales tax.
Let’s look at the ideas everyone else has, such as they are…
The Democrats in Congress want to raise everyone’s taxes. In a twisted sort of way, that’s at least fair and balanced. Everyone gets screwed.
The Republicans in Congress want to cut only the taxes on business. Nothing fair or balanced about that, but it would work to get the economy back on track. It’s a long-term deal, though, probably taking a 5 or more years to work.
The President wants to increase taxes only on business. This would only make matters worse. Business would stop growing and spending. Unemployment would skyrocket.
Other GOP hopefuls except for Cain and Romney don’t have a plan at all, just rhetoric.
Romney has an inkling of an idea, but no substance so far. We’ll have to wait and see what he comes up with. I’m not going to hold my breath.
Herman Cain is the only person out there with a plan. And the plan he has is one that will work, and it will work quickly.
Take at a look at this guy.
He’s on the right track!
Melodee Aaron, Erotica Romance Author
Melodee's Books at BookStrand