Dear Herman Cain: Replace 9-9-9 with a Flat Tax

Intrigue over the 9-9-9 plan has lifted Herman Cain to the top position (or number-two spot, depending on the poll) among GOP presidential candidates.  Of course, Cain's dynamic personality and clear articulation of conservatism are also factors.  Nevertheless, without the earthshaking proposal of abolishing the current tax system, Cain would still be a candidate struggling for name recognition from the second tier. With that said, now is the time to ditch the bifurcated plan involving both a flat-rate income tax and a national sales tax.  Now is the time for Cain to announce that after consideration of all issues, a simple flat tax on income without loopholes for the rich is the better way forward.  Scrap the current tax code and replace it with a nondiscriminatory flat tax through which every wage-earner pays his fair share. The more you earn, the more you will pay.  But everyone will be protected equally under law by paying the same flat percentage...(Read Full Article)

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