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Who benefits from Cain’s 9-9-9 tax overhaul?

Good morning, Netizens…

 

In his cartoon this morning, cartoonist David Horsey takes a shot at Republican Presidential candidate Herman Cain, suggesting he is no traitor to Republican causes. What I have found most interesting in Cain's candidacy is that, if selected as the Republican Party Presidential Candidate, which I do not necessarily believe will happen, we would quite possibly end up with two African-American candidates on the Presidential ballot for the first time in American history. Sure, why not?

 

In Cain's televised appearances, I have been noticing over time more and more African-Americans in the audiences, something that has captured my imagination. Would they have been present at what is a Republican function were it not for Cain's ethnicity? I cannot help but wonder how many of them were staunchly Democrats in the past and switched sides.

 

Then there is David Horsey's point, that being Herman Cain's 9-9-9 tax overhaul. Will it positively impact hedge fund managers? Or, as I feel possible, will 9-9-9 tax the daylights out of the middle class? I'll readily concur that the IRS tax code needs an overhaul, but is 9-9-9 the answer? I don't think so.

 

I do think Herman Cain might be the Republican candidate who would bring much-needed change to the lily-white Republican Party, and that might not be such a bad thing. Will it happen on my watch? Once again, I don't think so. Of course, your results may differ.

 

Dave


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