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Originally Posted by RandyWayne
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The National sales tax is going to give him a problem. It gives the government a new revenue stream to play around with.
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Herman Cain’s 999 plan: a misleading pitch
The Pinocchio Test
We can excuse Cain inflating his adviser’s resume, but his campaign needs to do more to address the fuzzy math behind his tax plan. (We asked the campaign for a copy of Lowrie’s analysis but did not receive a response.)
Give Cain credit for thinking boldly, but he’s not talking clearly. As far as we can tell from the limited information Cain has provided, the plan he touts as a big tax cut would actually increase taxes on most Americans. Just like it would be wrong to claim pizza is a low-calorie meal, Cain’s description of the plan’s impact on working Americans is highly misleading.
http://www.washingtonpost.com/blogs/...zPgL_blog.html
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