I like Herman Cain but I have some questions that I would like to see him answer. The 999 plan is not about numbers- it is about percentages- which result in numbers and so if you take one of the percentages out of the equation,it does not necessarily result in a lower federal revenue number- and so I raise the question- why do we need three elements to this equation? Is there a point to the national federal sales tax other than to tax those who are not making an income- the unemployed, the disabled, and those living on a fixed retirement amount - and to "tax the rich" more than others. Other than that, the sales tax is levied on the same sectors as those taxed by the other 2 nines. The sales tax lowers the value of the dollar as the cost of consumer goods is increased by 9%. The sales tax 9% will potentially lower business profits by raising costs of wholesale purchases resulting from an increase in the cost of freight- and by decreasing consumer spending power. Busi...
Examining the Fundamental transformation of the American political system that originated in the political philosophy preserved by Publius in The Federalist Papers. This blog was originally published as Main Street Economy and focused on legislation passed in the state of Maine "inspired" by similar laws passed by other states which collectively constitutes a fundamental transformation of the American political philosophy within state incubators.