Herman Cain’s 9-9-9: Another Poison Band Aid For Bankers
October 19, 2011
Devvy Kidd
10/19/2011
“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.” –Thomas Jefferson to A. L. C. Destutt de Tracy, 1820. FE 10:175
Presidential hopeful, Herman Cain, came out with his proposal to continue fleecing the American people: 9-9-9. His so called ‘tax overhaul’ is nothing but more of the same. Another life raft thrown to desperate Americans who want to hear “solutions”, but don’t know how the problem started.
Cain’s proposal is a 9 percent personal income tax, a 9 percent business tax and a 9 percent national sales tax. Double taxation for the bankers – and “its resonating with voters”!
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