Cain in 2010: "National Sales Tax Is Insane"Submitted by Maitski on Mon, 10/17/2011 - 12:04
Herman Cain wrote an article in November of 2010 where he says that:
"The worst idea is a proposed national sales tax, which is a disguised VAT (value added tax) on top of everything we already pay in federal taxes."
Of course he says "on top of everything we already pay in federal taxes" so that's his out.
But his opposition to a national sales tax are points that I have against his 9-9-9 plan. He writes:
"Giving the administration and Congress another tool to tax us and confuse us is like giving an alcoholic a key to the liquor store with no supervision, only to discover that he locks the door after he is safely inside.
A national retail sales tax on top of all the confusing and unfair taxes we have today is insane! It gives the out-of-control bureaucrats and politicians in denial one more tool to lie, deceive, manipulate and destroy this country"
"First, we have a spending problem in Washington, D.C. not a revenue problem. The Commission claims their goal is to reduce the deficits by $4 trillion over the next decade. The task force says its plan would save $6 trillion by 2020. It’s sort of like dueling promises that would never happen, because when has a proposed cut in Washington D.C. ever produced the intended savings over 10 years? Never!
Even worse is reason number two: In every country that has established a VAT with the promise of reducing their national debt, the VAT has eventually gone up or expanded on top of the existing tax structure. After discovering many of the tax grenades in the recently passed health care deform bill, which is already driving costs up and access down, it would be real easy for an overzealous bureaucrat to insert the language in the legislation “national retail and wholesale” tax.
For the liberal naysayers who say that would not happen, you lose! Just look at the Social Security system, Medicare and Medicaid. Over the years since their inception, taxes have gone up, benefits have gone down and they are still on a path of insolvency."
He goes on to say that the best thing is the Fair Tax, which is ultimately where he actually wants to end up with his 9-9-9 plan. But what if we don't make it all the way to the Fair Tax? Then we are stuck with all of the problems he brings up with his opposition to a national sales tax.