If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
In a bad-economy year full of silly laws, mortgage miseries, political gaffes, Hatfield-McCoy feuding, credit downgrades, mysteriously rising prices, fee gouging and art-project political campaigns, here's a guide to help you to weed out the ridiculous from the truly tragic.
One definition of a fair tax is one that someone else pays. For Cain, that someone is anyone not bringing home an upper six-figure income.
Once the ninth woman came forward to accuse the presidential candidate of sexual misconduct, Mr. Cain commandeered the development as his case in point.
It's now been more than 300 days since the Republicans have taken over the U.S. House of Representatives yet they still haven't put forward a jobs plan.
This week, in an act of faux-compromise, Speaker John Boehner decided to press a vote on President Obama's jobs legislation. Not the entire bill mind you, just one piece that was included to engender support from Republicans.
All the 999 plan does is tighten the grip on American's already struggling and continually growing lower class by shifting tax pressure from the wealthy to the middle-class.
Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.
Cain has staked his claim to the nomination upon an economic vision he calls the 9-9-9 Plan. Based on the economic beliefs expressed in this plan, I have five questions for Herman Cain.
Current benefits to those in retirement or about to retire will not be cut. But simply adding these unfunded benefits to the deficit would be dangerous; it would increase the yearly deficit to more than 10% of GDP, worse than the deficit in Greece.
The Republican Party may revere Ronald Reagan, but they definitely wouldn't recognize each other if they met at a tax policy conference today. Nor would the gipper last for long on the Republicans side of the deficit-reduction super committee.
Cain is fighting hard, but he will fail. "I'm going to raise taxes on 84 percent of America!" is not the best way to get elected in this country, and it is definitely not the way to win a GOP primary.
At the risk of alienating some of my progressive friends, I have to say I think Cain was not completely wrong. We need to get beyond the notion that racism is the biggest thing and that because of it, blacks simply have no chance.
Mormonism matters more than color? Really Herman? Maybe if Black people simply "forgot" the 20th century really did happen, this would be true.
This country needs a serious discussion about the tax code. I am thankful that Herman Cain has initiated this discussion, but 9-9-9 is not the solution we need.
There's been a lot of debate, no pun intended, about Herman Cain's 9-9-9 plan. Cain claims his plan is a bold solution to kick-start our economy and create jobs. I think many of Florida's hospitality business owners may disagree with him.
In the "Frontrunners" category, we had four names two months ago: Bachmann, Palin, Perry, and Romney. Two of these are gone, and one has risen to take their place, leaving us with three frontrunners (at least, for now).
