The Wall Street Journal: It used to be that the sole purpose of the tax code was to raise the necessary funds to run government. But in today’s world the tax mandate has many more facets. These include income redistribution, encouraging favored industries, and discouraging unfavorable behavior. To make matters worse there are millions and …
Category Archive: The Economy
Permanent link to this article: http://www.cainblog.com/2011/cains-stimulating-9-9-9-tax-reform-by-art-laffer/
Oct
19
Herman Cain’s 9-9-9 Would Be Good for the Economy
The Epoch Times: Herman Cain’s proposal to replace all federal taxes with a 9 percent income tax, a 9 percent national sales tax, and a 9 percent corporate tax makes good economic sense. This plan would impose the least administrative costs for raising the money needed to finance the federal government, better promote growth than …
Permanent link to this article: http://www.cainblog.com/2011/herman-cain%e2%80%99s-9-9-9-would-be-good-for-the-economy/
Nov
22
Newt Takes a Page From Cain on Social Security
The American Spectator: When asked about entitlement reform, Newt Gingrich noted how he unveiled a Social Security reform package yesterday in Manchester, New Hampshire based on plans in effect in both Chile and in Galveston, Texas. Herman Cain has been talking about the Chilean model for months: Watch this video on YouTube.
Permanent link to this article: http://www.cainblog.com/2011/newt-takes-a-page-from-cain-on-social-security/
Nov
09
The Texas Tea Party Cain-Gingrich Debate
The American Spectator: Cain vs. Gingrich proved to be less Lincoln-Douglas than Lincoln-Lincoln, particularly on our greatest economic challenge: entitlement reform, In 1858, U.S. Senator Stephen A. Douglas was facing a tough reelection challenge in Illinois from former Congressman Abraham Lincoln. A serious, reasoned America was at the height of debate over the fundamental human …
Permanent link to this article: http://www.cainblog.com/2011/the-texas-tea-party-debate/
Nov
01
Cain: Fannie Mae and Freddie Mac Responsible for Mortgage Crisis, Not Free Market
CNS News: GOP presidential hopeful Herman Cain said Monday that government intervention into the housing market — not the free market — was the primary cause of the housing crisis. “Government didn’t miss the boat, government created the boat. Government put the holes in the boat,” Cain said in an appearance at the National Press …
Permanent link to this article: http://www.cainblog.com/2011/cain-fannie-mae-and-freddie-mac-responsible-for-mortgage-crisis-not-free-market/
Oct
28
Cain: Cut 10% of All Federal Agencies’ Budgets
Human Events: At a Tea Party rally in Alabama, which holds its primary on March 13, 2012, businessman Herman Cain retooled parts of his standard and often inspiring stump speech. Cain said that if he were elected President, he would sign an executive order that would mandate all federal agencies cut 10 percent of their …
Permanent link to this article: http://www.cainblog.com/2011/cain-cut-10-of-all-federal-agencies-budgets/
Oct
23
In Detroit, Cain says his plan means jobs
Nashua Telegraph: Using the dilapidated Michigan Central Station as a backdrop, rising Republican presidential candidate Herman Cain made his first visit to Michigan on Friday and defended his 9-9-9 tax plan as a way to help distressed cities. “The bottom line, folks, is that 9-9-9 means jobs, jobs, jobs,” he said to several dozen people. …
Permanent link to this article: http://www.cainblog.com/2011/in-detroit-cain-says-his-plan-means-jobs/
Oct
20
Cain Reveals More of ‘9-9-9’ Plan, Angering Unions
Fox News: Taking aim at minimum wage laws, union protections, and even local building codes, Herman Cain has put the finishing touches on the last missing piece of his signature “9-9-9” plan – an elaborate proposal to create “opportunity zones” in inner-city America that the GOP presidential candidate will unveil during a major campaign appearance in Detroit on Friday …
Permanent link to this article: http://www.cainblog.com/2011/cain-reveals-more-of-%e2%80%989-9-9%e2%80%99-plan-angering-unions/
Oct
20
Cain on the Fed: The Numbers Show the U.S. Economy Needs Help
Desert News: Politicians love numbers. That was evident this week at the GOP presidential debate in Las Vegas where each candidate was able to toss out an endless stream of numbers to justify their pet positions or programs. But if any of the presidential hopefuls really understands all those numerals, it is likely Herman Cain . A …
Permanent link to this article: http://www.cainblog.com/2011/cain-on-the-fed-the-numbers-show-the-u-s-economy-needs-help/