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Whatever one thinks about Herman Cain, you have to give him credit for the skillful way he handled an obviously partisan and barely polite David Gregory on MSNBC. Gregory's agitation is most noticeably present when they discuss Cain's 9-9-9 plan, and he's barely able to keep his 'journalist' mask on.
Just a note to Mr. Gregory...if you have a 9% Federal income tax rate, you're definitely going to have more money to spend or invest,which creates economic activity that can likewise be taxed.Ditto if the numerous excise taxes and 'fees' are axed from the cost of goods. And of course, that has no bearing on what the local politicians you elect choose to charge you for the privilege of living in their jurisdiction!
My answer to David Gregory's bleat about how the poor who now pay no taxes would pay more might have been 'but there are people on your network every day screaming about how we all need to pay our fair share! Do you disagree with that concept?' Cain's response is much more diplomatic.
Cain's 9-9-9 plan has a number of problems, mostly in two areas. First national sales taxes, also known as VAT elsewhere always go up, something Gregory hinted at in one source he quoted. Politicians just can't resist it. And second, the current tax code actually creates economic activity in a number of areas, real estate purchases and investment and new car sales and leases being two of them. But the basic idea is at least worth exploring with the object of some heavy tweaking.
I loved the part where Gregory referred to Cain as 'African-American, a term I know you don't like.' Why deliberately use it then if you know someone finds it distasteful? At any rate, Cain's response is excellent, and the entire interview is worth watching.
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