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Herman Cain
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<blockquote data-quote="The Other Side" data-source="post: 886830" data-attributes="member: 17969"><p>Anybody who thinks CAINS plan will save the country does not understand fiscal policy.</p><p></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'"><strong>Cain’s plan —</strong> which has earned accolades from the likes of supply-side </span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'">guru Art Laffer <strong>— would explode the deficit, while increasing taxes on </strong></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'"><strong>the poor to pay for a giant tax cut for the rich. As Center for American </strong></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'"><strong>Progress Vice President for Economic Policy Michael Ettlinger put it, the plan </strong></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'"><strong>“would be the biggest tax shift from the wealthy to the middle-class in the </strong></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'"><strong>history of taxation, ever, anywhere, and it would bankrupt the </strong></span></span></p><p><span style="font-size: 12px"><span style="font-family: 'Times New Roman'"><strong>country.”</strong></span></span></p><p></p><p>He seeks advice from ART LAFFER, who during REAGANS term, created the largest tax cut for the rich while blowing up the national deficit to records never seen before. 3.7 trillion dollars.</p><p></p><p>LAFFER, who raised taxes during REAGAN for the middle class and working poor 7 times is a part of the reason the republicans blow up the deficit everytime they get their hands on control.</p><p></p><p>LEARN people, LEARN.</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 886830, member: 17969"] Anybody who thinks CAINS plan will save the country does not understand fiscal policy. [SIZE=3][FONT=Times New Roman][B]Cain’s plan —[/B] which has earned accolades from the likes of supply-side guru Art Laffer [B]— would explode the deficit, while increasing taxes on the poor to pay for a giant tax cut for the rich. As Center for American Progress Vice President for Economic Policy Michael Ettlinger put it, the plan “would be the biggest tax shift from the wealthy to the middle-class in the history of taxation, ever, anywhere, and it would bankrupt the country.”[/B][/FONT][/SIZE] He seeks advice from ART LAFFER, who during REAGANS term, created the largest tax cut for the rich while blowing up the national deficit to records never seen before. 3.7 trillion dollars. LAFFER, who raised taxes during REAGAN for the middle class and working poor 7 times is a part of the reason the republicans blow up the deficit everytime they get their hands on control. LEARN people, LEARN. Peace. [/QUOTE]
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