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On the fiscal front, Cain promises to support Rep. Paul Ryans budget, especially as other contenders, such as Gingrich, shy away from the proposal.
I absolutely support Paul Ryans plan, Cain says. It is exactly the kind of bold restructuring that we need in order to get our hands around the entitlements issue. We need to restructure programs, not just reshuffle, which is what we did for decades, and now look where we are.
Not the 9-9-9 plan per se, but yeah, probably.
On the fiscal front, Cain promises to support Rep. Paul Ryans budget, especially as other contenders, such as Gingrich, shy away from the proposal.
I absolutely support Paul Ryans plan, Cain says. It is exactly the kind of bold restructuring that we need in order to get our hands around the entitlements issue. We need to restructure programs, not just reshuffle, which is what we did for decades, and now look where we are.
Every estimate I have seen regarding Cain's 9-9-9 plan is that it will bring in less tax revenue than we have now. Which means simply, we won't be able to afford SS or Medicare any more.
Every estimate I have seen regarding Cain's 9-9-9 plan is that it will bring in less tax revenue than we have now. Which means simply, we won't be able to afford SS or Medicare any more.
Who gives a fuck what O'Dumbass thinks?Lawrence O'Donnell thinks Cain's 9-9-9 Plan is evil to the poor and middle class.
Not surprising, Cain's plan benefits the wealthy and f*cks over the poor and middle class.
Blah, Blah, Class warfare!!
Lawrence O'Donnell thinks Cain's 9-9-9 Plan is evil to the poor and middle class.
Not surprising, Cain's plan benefits the wealthy and f*cks over the poor and middle class.
Blah, Blah, Class warfare!!
Actually, that's exactly what it does. Under Cain's plan, the poor and middle class will pay a higher percentage of their incomes in taxes than the wealthy.
By BRUCE BARTLETT
Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul.
At a minimum, the Cain plan is a distributional monstrosity. The poor would pay more while the rich would have their taxes cut, with no guarantee that economic growth will increase and good reason to believe that the budget deficit will increase.
Even allowing for the poorly thought through promises routinely made on the campaign trail, Mr. Cains tax plan stands out as exceptionally ill conceived.
Not surprising, Cain's plan benefits the wealthy and f*cks over the poor and middle class.
Blah, Blah, Class warfare!!
Actually, that's exactly what it does. Under Cain's plan, the poor and middle class will pay a higher percentage of their incomes in taxes than the wealthy.