Cain’s Half-Baked Plan Will Hurt Republicans

Cain’s plan is half-baked and will hurt Repub­li­cans.  As recently as last year Cain railed at sim­i­lar plans by Democ­rats.  Now he cham­pi­ons one.  No mat­ter how he shuf­fles around the taxes—payroll and income vs. a national sales tax, who’s going to ever accept nearly 20% fed­eral, state, and local tax at the cash reg­is­ter?

Con­sider too that he won’t even admit (like at the debate) the cumu­la­tive effect of the taxes upon people’s pock­et­book every time they go shop­ping.  His response was incred­u­lous, he didn’t care about state taxes, wouldn’t let them be a part of the discussion.

On top of this, work­ing Amer­i­cans will still have pay­roll taxes to pay.  And, as even Cain pre­vi­ously observed, all these sources of taxes will inevitably go up.  Why does Cain now think he can break that cycle?  Cain’s defense?  He’s now try­ing out deduc­tions and exemp­tions to make it more palat­able but this doesn’t change the fact that he hasn’t thought through, doesn’t have a real plan.

In the end this is all just a cam­paign gim­mick.  One that will be deemed a crazy idea and laid at the foot of the Repub­li­can party.  Obama and the Democ­rats will beat Repub­li­cans up for want­ing to raise taxes by 9% on the work­ing poor while cut­ting taxes on the rich.

Regard­ing:  Cain’s Plan: It’s Now