I became a big admirer of Herman Cain back in the 1990s when he was a member of the National Commission on Economic Growth and Tax Reform (aka, the Kemp Commission). I worked as a staffer for the Commission and was able to observe Mr. Cain in action over a period of several months. Suffice [...]
Archive for September 25th, 2011
Herman Cain’s 9-9-9 Plan Is Great in Theory, but…
Posted in Economics, Fair Tax, Flat Tax, Tax Reform, Taxation, tagged 9-9-9 Plan, Fair Tax, Flat Tax, Herman Cain, Tax Reform, Taxation on September 25, 2011 | 86 Comments »
A Picture of Tax Code Complexity and Corruption
Posted in Economics, Fiscal Policy, Flat Tax, Tax Reform, Taxation, tagged Economics, Fiscal Policy, Flat Tax, Tax Loopholes, Tax Reform, Taxation on September 25, 2011 | 7 Comments »
Have you ever wondered why the tax code is a Byzantine mess that requires 72,000 pages of law and regulation? Hopefully you don’t ponder such dark and dreary thoughts, but the answer is that politicians and lobbyists have spent nearly 100 years creating all sorts of loopholes, shelters, deductions, preferences, exemptions, credits, and shelters. Beginning [...]
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