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« Counterfeit Chips From China: Phyllis Schlafly | Main | U.S. Immigration Population Hits $40 Million »
Monday
Oct172011

Cain's 999 Mutiny: San Francisco Tax Lawyer Robert Wood

It is highly unlikely that --a candidate who admits he’s never held office---will make the Oval his first.  But whichever side of the soapbox (or pizza box) you favor, it’s hard not to like him.  Many discount Herman Cain, but don’t invert into the .

When Cain intones that our tax code has become “the 21st century version of slavery," what tax lawyer can argue with his ferventImage via eewmagazine imagery yet plainspoken truth?  Mr. Cain may be guilty of hyperbole, but you have to admit our tax system has spun out of control.  It’s like a pizza on a centrifuge, with all the sauce and toppings spinning off to smack against the walls.  It makes an interesting (if edible) Jackson Pollock, but it’s still a mess.

Some have questioned the provenance of Cain’s , which proposes replacing our current bellicose, bloated idiot of a tax system with a 9% corporate tax, a 9% personal income tax and a 9% national sales tax.  He argues that this simple plan would revive the economy and promote growth.  Some project it would collect as much revenue as our current system, and that its simple ingredients would be easy for everyone to swallow.  Like tomatoes, cheese and dough.

http://www.forbes.com/sites/robertwood/2011/10/13/in-taxes-is-cain-able/

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