Herman Cain, is a truly great American, I believe
that 100 percent. He is attempting to solve our problems with a real
American solution, and in my bias way, I am going to attempt to
evaluate his 9//9/9 plan.
I personally believe it is an American
solution, a free enterprise solution, to a European type problem. We
as a people are overtaxed and over regulated. Our federal
government's way overspends on things we don't need and never asked
for. My view is the federal government should protect us against
foreign enemies, and maintain law and order within our nation.
Obviously the federal government has gone way beyond that mandate.
Mr. Cain, in his 9 percent on incomes, is
trying to restrain the government's source of power, money, through
taxation, and allow the American citizen to retain more money and
hence more freedom and discretion. The 9 percent on our incomes is
correct and achieves the benefit of reducing the federal governments
power and increasing citizens choices.
Now the 9 percent sales tax is something I
OPPOSE. A friend of mine is on social security, and if the 9 percent
sales tax were enacted, his taxes would go from his 8 percent sales
tax to 17 percent. This 9 percent sales tax truly damages large
numbers of hard working disciplined Americans who get no real
apparent benefit from the sales tax. Now if the federal government
removed their onerous needless regulations, it could benefit people
who live in high tax states, but you cannot run a country on
speculation.
Now what about these corporations? Nine percent
on earnings might work, but I can tell you we need all the
deductions we can get. Corporations have to meet payroll, and
continuously buy items, which if there was not deductions they would
not buy. I am neutral on this, but if we do not have corporations
our financial situation will be a lot different.
In summing up, I think MR. CAIN IS a great man,
who wants to continue to give everyone no matter what their birth
status the chance to get rich. Yes on the income taxes, no on the
sales, neutral on the corporations.
God bless everyone and GOD BLESS AMERICA.
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