WELCOME TO GRAMP'S TOOLSHE

WELCOME TO GRAMP'S TOOLSHED







Guns, Dungeons&Dragons, Catholic, Libertarian, booklover, weird sense of humor, and lifelong soldier.






Wednesday, October 12, 2011

Cain's 9 9 9 plan

I have been looking into Herman Cain's 9 9 9 plan, and his other solutions to the problems the Democrats created.

I do like his 9 9 9 plan, but with reservations.  It would create a strong line in the sand showing that people wanted low taxes, and successful businesses.  It's biggest weakness is that it introduces an entirely new form of taxation!!!  It includes a 9% national sales tax. 

Now the fact is, this would be a successful plan, and would help fix our economy.  We would enjoy a long period of success.  Unfortunately, after people have been successful long enough, that's when they are most vulnerable to leftists' income redistribution schemes.  And this would allow an entirely uneeded way for leftists to take more peoples' money. 

I do like the flat tax idea, and it could be successfully done with a rate of 15% on taxes that are already in existence.  Why go thru more trouble, or take bigger risks then we have to?  I want to support a candidate who would keep it simple, and keep it effective.  That was how our government was supposed to be in the first place anyway!!

The thing that I like most about Cain's plan is the Chile model for Social Security.  Democrats are such reactionaries that it has been impossible to get them to release their death grip on the current Social Security, even after it has been conclusively proven as a failure.  The fact that there is an actual real life example of a successful system out there makes it a lot harder for them to argue against progress.  More and more people are coming to the conclusion that we might as well fix it, because it is getting more and more likely that we will be the ones that it defaults on.  (because it openly says it will default on us!!)

I can't wait for this to get fixed.  The sooner we implement a system that actually works, the better it will be for me and my children.

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