Herman Cain's 999 Plan!!

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Herman Cain's 999 Plan!!

Post by Alexander Nevsky on Tue Oct 04, 2011 7:24 pm

Herman Cain's 999 Plan
Vision for Economic Growth
• The natural state of our economy is prosperity. Freedom ensures that.
• We must get the government off our backs, out of our pockets and out of our way in order to return to prosperity.
• Policy uncertainty is killing the economy.

Economic Guiding Principles
1. Production drives the economy, not spending.
o We can not spend our way to prosperity.
o Government spending IS taxation.
o Government spending is like taking a bucket of water from the deep end of the pool, pouring it in the shallow end. Then they HOPE that the water level will CHANGE.

2. Risk taking drives growth .
o Business formation and job creation are dependent on entrepreneurs taking risks.
o Investors who fund those entrepreneurs likewise take risks.

3. Measurements must be dependable.
o A dollar must always be a dollar just as an hour is always 60 minutes.
o Sound money is crucial for prosperity.

We Must Unite Not Divide
• When one party seeks to spend so that the other party must focus on cutting, we must unite around economic growth.
• Unite all tax payers, don’t divide them into “income” tax payers vs. “payroll” tax payers.
• Unite those wanting to eliminate deductions with those seeking lower rates.
• As a first step, unite the “Flat-Taxers” with the “Fair-Taxers”

Economic Growth is the Key
• This is the worst recovery since the Depression.
• If the President’s goal was to tie for last place with the previous worst recovery, he failed by 6 million jobs.
• If we had a typical recovery, 13 million more Americans would be employed today.
• That means more tax revenue, less government spending and 13 million less people opposed to reasonable spending cuts.
• The Super Committee must deliver a robust growth solution.
• America can’t wait for 2012, we need growth NOW

Phase 1 - 9-9-9
• Current circumstances call for bolder action.
• The Phase 1 Enhanced Plan incorporates the features of Phase One and gets us a step closer to Phase two.
• I call on the Super Committee to pass the Phase 1 Enhanced Plan along with their spending cut package.
• The Phase 1 Enhanced Plan unites Flat Tax supporters with Fair tax supporters.
• Achieves the broadest possible tax base along with the lowest possible rate of 9%.
• It ends the Payroll Tax completely – a permanent holiday!
• Zero capital gains tax
• Ends the Death Tax.
• Eliminates double taxation of dividends
• Business Flat Tax – 9%
o Gross income less all investments, all purchases from other businesses and all dividends paid to shareholders.
o Empowerment Zones will offer additional deductions for payroll employed in the zone.
• Individual Flat Tax – 9%.
o Gross income less charitable deductions.
o Empowerment Zones will offer additional deductions for those living and/or working in the zone.
• National Sales Tax – 9%.
o This gets the Fair Tax off the sidelines and into the game.

Phase 2 – The Fair Tax
• Amidst a backdrop of the economic boom created by the Phase 1 Enhanced Plan, I will begin the process of educating the American people on the benefits of continuing the next step to the Fair Tax.
• The Fair Tax would ultimately replace individual and corporate income taxes.
• It would make it possible to end the IRS as we know it.
• The Fair Tax makes our exported goods and services the most competitively internationally than any other tax system.

Phase 1 Enhanced Plan – Summary
• Unites all tax payers so we all pay income taxes and no one pays payroll taxes
• Provides the least incentive to evade taxes and the fewest opportunities to do so
• Lifts a $430 billion dead-weight burden on the economy due to compliance, enforcement, collection, etc.
• Is fair, neutral, transparent, and efficient
• Ends nearly all deductions and special interest favors
• Ends all payroll taxes
• Ends the Death Tax
• Features zero tax on capital gains and repatriated profits
• Lowest marginal rates on production
• Allows immediate expensing of business investments
• Eliminates double taxation of dividends
• Increases capital formation. Capital per worker drives productivity and wage growth
• Capital formation will aid capital availability for small businesses
• Features a platform to launch properly structured Empowerment Zones to revitalize our inner cities
• We all know the Fed has tripled the money supply since 2008. They have been printing money out of thin air to finance the Obama spending machine. While true Fed reform that restores sound money may have to wait for my election, the best thing we can do now is to pursue policies that increase the DEMAND for dollars to help mitigate the risks associated with the increase in the supply.
• Pro-growth economic policies equal a strong dollar policy


This is Herman Cain:
• Chief Executive Officer and President of THE New Voice, Inc., a business consulting company, and Head Coach of HITM (Hermanator’s Intelligent Thinkers Movement)
• Former Chairman of Godfather’s Pizza, Inc. after serving as CEO and President for ten years, 1986 - 1996. In 1988 he bought the company from The Pillsbury Company
• Former President of the Tax Leadership Council, the public educational component of Americans for Fair Taxation
• Past Chairman of the Board of the National Restaurant Association (1994-1995), and former full time CEO and President of the Association (1996-1999)
• Member of The National Commission on Economic Growth and Tax Reform (1995), chaired by former Republican Vice-Presidential candidate, Jack Kemp
• Former Member, Strategic Air Command (STRATCOM) Citizens Advisory Board, Omaha, Nebraska
• Radio Talk Show Host, “The Herman Cain Show”, News Talk 750 WSB – Atlanta, Monday - Friday, 7pm-10pm EST
• FOX News Business Commentator and Columnist with NorthStarNational.com, World Net Daily and DailyCaller.com
• At a nationally televised Presidential Town Hall Meeting on Health Care Reform (1994), challenged President Bill Clinton’s health care proposal when he said, “Mr. President, with all due respect, your calculations are incorrect…”
• Served on the Boards of Directors of AGCO, Inc., Georgia Chamber of Commerce, Hallmark Cards Inc., Whirlpool, Inc.,and Morehouse College, Atlanta, Georgia
• Graduated from Morehouse College with a B.S. in Mathematics in 1967. Earned his Master’s Degree in Computer Science from Purdue University in 1971. Recipient of eight Honorary Doctorate Degrees from Morehouse College, New York City Technical College; Suffolk University, Johnson & Wales University, Creighton University, Purdue University, Tougaloo College and the University of Nebraska
• Author of four books, Leadership Is Common Sense (1997), Speak As A Leader (1999), CEO of SELF (October, 2001), and They Think You’re Stupid (May, 2005)
• A native and current resident of Atlanta, Georgia. Married for over 40 years with two adult children and three grandchildren
Friends of Herman Cain, Inc.
P.O. Box 2158
Stockbridge, GA 30281
(678) 601-2772
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Re: Herman Cain's 999 Plan!!

Post by Admin on Mon Oct 10, 2011 10:43 am

Herman Cain: Tax Poor People’s Food To Finance Massive Tax Break For The Rich

The centerpiece of former pizza czar Herman Cain’s presidential campaign is his “999″ plan, which would slash taxes on the wealthy, drive up deficits to the worst point since World War II, and force low-income Americans to pay a massive nine times their current tax rate.

http://thinkprogress.org/economy/2011/10/09/339783/herman-cain-tax-food/
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Re: Herman Cain's 999 Plan!!

Post by T on Sat Oct 22, 2011 11:21 am

Herman Cain is on a book, promotional tour, that's all. No one will remember his name in six months.

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Re: Herman Cain's 999 Plan!!

Post by Alexander Nevsky on Wed Nov 02, 2011 6:29 pm

The Herman Cain crack-up

By Dana Milbank, Updated: Wednesday, November 2, 3:01 PM

The Hermanator is now the hunted.

Herman Cain, the long-shot Republican presidential candidate turned frontrunner, has done just about everything wrong since news broke Sunday night that his former employer had paid two women to settle sexual harassment complaints against him.

Cain denied it. He said the women didn’t understand his humor. He said his accusers fabricated the charges. He said he couldn’t remember the details, then suddenly he could. He said he had no knowledge of the settlement, then suddenly recalled some details, which turned out to be vastly understated. He publicly predicted more allegations would surface. He blamed his opponents, he howled about racism, and he accused the media and the entire city of Washington of trying to do him in.

On Wednesday morning, he raised the paranoia dial another notch. “There are factions trying to destroy me personally, and this campaign,” he announced, revealing this conspiracy to a group of technology executives at the Ritz-Carlton in Tyson’s Corner.

At his next stop, a Hilton hotel in Alexandria, the amiable candidate finally blew his stack – and the scene quickly escalated into violence. It began when a reporter asked Cain if he would release his accusers from their confidentiality agreements.

“I’m not going to talk about it,” Cain snapped, “so don’t even bother asking me all of these other questions that y’all are curious about. Okay? Don’t even bother.”

“It’s a good question,” the reporter pointed out. “Are you concerned?” asked another.

Evidently, Cain was. “What did I say?” he hissed at the reporters, then attempted to break through the pack, shouting: “Excuse me. Excuse me! EXCUSE ME!” At that, his bodyguards began throwing elbows and shoving the reporters and photographers. “Stand back! . . . Do not push me! . . . Pushing is against the law!. . . Watch out!. . . Get a grip on yourself!” In the melee, a young boy and his father were shoved up against a wall.

His campaign’s fisticuffs with Washington journalists probably won’t do Cain any harm among his supporters in Iowa; in fact, it will probably help. But Cain’s loss of control is a reminder of why he’s never going to be president, no matter how high he rises in GOP primary polls.

His presidential bid was meant to be a lark, likely a gambit to increase speaking fees and book sales, perhaps to gain him a gig on cable news. At first, he was in on the joke, gaming the primary process and making up policies as he went along. He drank alcohol during public appearances, even in the morning. He allowed the release of a bizarre ad showing his chief of staff blowing smoke. He greeted female interviewers as “sweetheart” and occasionally gave them hugs. His staff celebrated his quirks in a don’t-feed-the-animals memo to those aides traveling in a car with the candidate: “Do not speak to him unless you are spoken to.”

It was, at its very core, a preposterous premise: That a man who, as the former head of a big Washington trade group, was at the very heart of this town’s lobbying culture, would run a campaign as the ultimate political outsider. He would claim that running for president “didn’t start as a consideration until after President Obama took office” – even though Cain ran for president once before, in 2000.

But like the Duchy of Grand Fenwick in the Peter Sellers film “The Mouse that Roared,” Cain found himself triumphant against all odds. “We are surprised we’re doing so well so fast,” he acknowledged to the business leaders in Tyson’s Corner.

But now, under the scrutiny that comes with being a top-tier candidate, Cain’s lark has become hard labor. The sunny candidate is now snarling and shouting, and obviously not enjoying himself in the least.

He arrived about 45 minutes after he was expected for his breakfast speech at the Ritz, and aides made sure to clear the hallway so that reporters couldn’t get within 30 yards of him. He wasted little time getting to his persecution complaints. “There is a force at work here that is much greater than those who would try to destroy me,” he said, “and that force is called the voice of the people. That’s why we’re doing as well as we are in the campaign thus far.”

There was silence in the room. “Y’all were supposed to applaud,” the candidate said.

At the Hilton, his campaign called off the “news conference” it had scheduled with reporters. Instead, Cain gave a few perfunctory words about health care while surrounded by people in white coats; they said they were doctors opposed to Obamacare, but there was no need to wear their white coats to the Hilton ballroom unless they were concerned about coffee spills.

To give the reporters the slip, Cain left the room through a service door, then used a service elevator to escape from the hotel. His chief of staff, the cigarette aficionado, was chased by reporters until he slammed the door of his chauffeur-driven Cadillac, which peeled out.

Next stop: a meeting to discuss health care with lawmakers on Capitol Hill, where a media mob of more than 50 was waiting for him.

“Can you tell us why you lost your temper this morning?” Fox News’s Chad Pergram asked, as Cain and his entourage walked through the hall.

“Should a man whose company paid $35,000 for a woman to keep quiet be president?” asked NBC’s Luke Russert.

This time, Cain ignored them. As the party got to the meeting room, his bodyguard resumed his shoving and elbowing, blocking congressional staff and reporters from getting into the meeting. When challenged, the bodyguard explained himself: “I make the rules.”

Not anymore.
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