It may be that I’m the only one who notices that every single presidential candidate running for office is “working on his plan for America’s financial health”… except Herman Cain. The secret plans are getting a little old. When you announce that you want to be the leader of the free world, shouldn’t you already have a plan?
Call me old fashioned if you will. (h/t Dale for the graphic, right)
The odious, coercive politics of ‘pass the bill so you can see what’s in it’ is at the same time what we’re seeing with the presidential field – none of whom want to come out with anything out of fear that it won’t be popular.
America has seen Obama’s plan and we know that it didn’t work. By extension, we know that his new plans (more stimulus, more debt, more spending) won’t work any better than his last one has. The hope and change fizzled and nobody in Europe is planning on pushing for another Nobel Prize or any other reward for Obama. He was acclaimed for the color of his (father’s) skin. That’s about as far as it’s gone. Even though a black man can be president, we still have affirmative action and all of the welfare vestiges of Johnson’s Great Society.Secret Plan Example: We know that Obama and friends had a plan to institute tough gun control in America. They would sell guns from America secretly to narcotics mafia members in Mexico and then have the Mexican Army seize them and demonstrate that there was a NEED for gun control. However, the secret plan didn’t work.
What I don’t want to see is a field of Republican presidential candidates who all have ‘secret plans’ for America’s economic recovery. There is no need for a secret. TELL US and we’ll make up our minds for ourselves.
Explaining to me that you are working on a plan that I’m sure to like is not enough! Suggesting that once you’re in the White House, you’re going to unveil your new plan — is a secret plan.
One parting shot: I hate the idea of a national VAT (Cain’s 9-9-9) and would rather see a flat income tax of somewhere around 18% for EVERYONE who earns money in America. No deductions for anything. However, I’m sure that a lot of you will take exception with my suggestion.
There can be no gain without Cain.
I agree that we are mature enough to "handle the truth". They should flat out tell us their plan before we vote for them. Or maybe we should insist on it.
Remember Nazi Pelosi? "We have to vote this in so we can see what's in it." Or words to that effect. At least Cain lets us look at what he wants.
Tax the poor … Give them a stake in our future.
Good point LL, I'm damn sick and tired of the 'secrets'….
I take exception with your plan. 🙂
I know alot of people much smarter than I (or me?) that like your flat tax plan. I agree our tax MUST be simple (defund the tax industry, get rid of loopholes that only some can find, etc.), and I agree that taxes should be to fund the government, not to let the government force financial behavior…
…I just don't think 18% of income is right. 2% shy of 1/5th of every dollar earned goes to Washington – I can't sign off on that. I don't believe 15% is right.
I think currently most people and most corporation's actual income tax rate ends up being less (GE pays zero-ish income tax, and so, by the way, does RB).
It's on principle that 10% is my ceiling.
10% can't fund the government they say, even a leaned down one (with no federal education budget, no budget for the Department of Agriculture to have a Civil Rights Division, etc.) then a small sales tax, like the states, only smaller, like 3%.
And Cain's now acknowledged that "poor people" can't pay 9%, so there has to be an income floor that it starts at…
So I favor a 10-3-10…starting at $25k.
But then we will se a LOT of people making exactly $25k on the books…
This is hard.
Cain's plan is an improvement, but he needs to add more spending cuts. Right now, Ron Paul's trillion in immediate cuts looks pretty good. I would like to see other candidates take it a step further.
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