Sunday, June 12, 2011

Video: Herman Cain on the "Fair Tax"


HERMAN CAIN ON "FAIR TAX" 110611 The term "fair tax" is propaganda. It's a transfer of tax reporting from those with a paycheck to small businesses that provide services. Cut govt spending by 50%, no tax on services.

I like the idea of the "Fair Tax", but there's a huge constituency that will guarantee that it never goes into effect. That constituency is the Internal Revenue Service (IRS). I just don't see how you fire everyone at the IRS.

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