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Thanks for the response. Cains 999 is interesting, but I still am awaiting reviews and comments from professional economist on his proposed tax plan; 999 sound simple, but when I think about how you define corporate income, reminds of Clinton; please DEFINE SEX?OK.
Lets start with Cains proposal.
I LOVE the fact that it is a FLAT corporate tax. and at 9% it will cover those that don't pay ANY like GM, GE, Goldman Sachs, etc, etc.
And at 9% it will probably repatriate multiple TRILLIONS of dollars that are held over seas....
And at 9% there are no ******** offsets that make it tough to figure out a real amount.
And at 9%......fixed, I bet there will be growth.......And 9% of anything > 0 is something....The current system is generating NO GROWTH.
So I'd say about 9% is right.![]()
