Herman Cain’s Tax/job plan is being soundly and loudly attacked by many of the Republican hopefuls. Michele Bauchmann was very critical of the plan. She drew on her experience as a tax lawyer to point out alleged flaws in Mr. Cain’s plan. It sounded like she was defending the current tax code. Her answer seemed to be that all we needed was a minor adjustment to the current code, for instance lowering the tax-rate to make things right. Kinda sounded like she was defending her old job (Tax Attorney) not seeking a new one, you know, in case the presidential deal doesn’t work out for her.
I don’t know if Cain’s plan is rock solid or not. I do know that I love the idea of starting over and doing away with the mess we now have.
There are a number of people endorsing the 9-9-9 plan including the financial wiz-kid Paul Ryan.
It looks like the Republican’s may self-destruct. The only plan or ideas they seem to agree worth are their own individual ideas or plans and if it isn’t their own it is worthless no matter how good it is. Newt seems to be the only person big enough to give credit to his opponents.