Readers Respond

Taxation nation
[The following are responses to an HCN Daily item about Herman Cain’s 9-9-9 tax plan, built around a 9% business tax, a 9% individual tax and a 9% national sales tax. It would also eliminate the mortgage interest deduction.]

“I’m for [the 9-9-9 plan]. What no one is talking about is the undercurrent of money from illegal activities that this plan will catch and tax at least 9%. Currently no revenue is generated from this source. Would it be great if this didn’t exist? Yes. Is that realistic? No. This plan will catch money on BOTH sides of the ball. Wages being paid to illegal residents will at least get caught when they spend their wages, and money earned by persons engaged in illegal activities will get taxed when they spend it. The underground economy will always exist, and it is being taxed at 0% right now.”
— Kent Porter
Porters Building Centers
Kearney, Mo
.

“Almost anything is better than what we have. His plan is simple, fair and will spur economic growth. I think any criticism of his plan or others similar is spurred from a misconception that too little tax revenue is our problem. There is already too much tax revenue. The problem is an oppressive government growi