{"id":1189,"date":"2011-10-06T19:39:05","date_gmt":"2011-10-06T23:39:05","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1189"},"modified":"2011-10-06T19:39:05","modified_gmt":"2011-10-06T23:39:05","slug":"herman-cain-explains-his-9-9-9-plan","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/06\/herman-cain-explains-his-9-9-9-plan\/","title":{"rendered":"Herman Cain Explains His 9-9-9 Plan"},"content":{"rendered":"<p><a href=\"http:\/\/online.wsj.com\/video\/herman-cain-explains-his-999-plan\/C0F27595-4101-4E21-83A0-A65A8C53D4F0.html\" title=\"Herman Cain WSJ Interview\" target=\"_blank\">WSJ interview with Herman Cain<\/a>:<\/p>\n<p>[gigya src=&#8221;http:\/\/s.wsj.net\/media\/swf\/VideoPlayerMain.swf&#8221; width=&#8221;512&#8243; height=&#8221;363&#8243; quality=&#8221;high&#8221; wmode=&#8221;transparent&#8221; allowFullScreen=&#8221;true&#8221; flashVars=&#8221;videoGUID={C0F27595-4101-4E21-83A0-A65A8C53D4F0}&amp;playerid=1000&amp;plyMediaEnabled=1&amp;configURL=http:\/\/wsj.vo.llnwd.net\/o28\/players\/&amp;autoStart=false&#8221;]<\/p>\n<p>His plan ticks many of the right boxes:<\/p>\n<ul>\n<li>Low corporate tax rate<\/li>\n<li>Low flat personal tax rate<\/li>\n<li>Broad-based consumption tax<\/li>\n<li>Remove the Fed&#8217;s dual mandate and limit them to protecting the dollar against inflation<\/li>\n<\/ul>\n<p>Consumption taxes are often seen as regressive &#8212; because everyone pays the same rate &#8212; but can easily cater for the poor\/unemployed through food stamps and\/or changes to unemployment benefits. The worst thing is to create an administrative nightmare with a two-tier system where some items (e.g. basic food or medicines) are exempt from the tax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ interview with Herman Cain: [gigya src=&#8221;http:\/\/s.wsj.net\/media\/swf\/VideoPlayerMain.swf&#8221; width=&#8221;512&#8243; height=&#8221;363&#8243; quality=&#8221;high&#8221; wmode=&#8221;transparent&#8221; allowFullScreen=&#8221;true&#8221; flashVars=&#8221;videoGUID={C0F27595-4101-4E21-83A0-A65A8C53D4F0}&amp;playerid=1000&amp;plyMediaEnabled=1&amp;configURL=http:\/\/wsj.vo.llnwd.net\/o28\/players\/&amp;autoStart=false&#8221;] His plan ticks many of the right boxes: Low corporate tax rate Low flat personal tax rate Broad-based consumption tax Remove the Fed&#8217;s dual mandate and limit them to protecting the dollar against inflation Consumption taxes are often seen as regressive &#8212; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/06\/herman-cain-explains-his-9-9-9-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Herman Cain Explains His 9-9-9 Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,34],"tags":[101,802,1423,1631],"class_list":["post-1189","post","type-post","status-publish","format-standard","hentry","category-other","category-us-canada-countries-regions","tag-9-9-9-plan","tag-consumption-tax","tag-flat-tax","tag-gst"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Herman Cain Explains His 9-9-9 Plan - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Herman Cain Explains His 9-9-9 Plan - the patient investor\" \/>\n<meta property=\"og:description\" content=\"WSJ interview with Herman Cain: [gigya src=&#8221;http:\/\/s.wsj.net\/media\/swf\/VideoPlayerMain.swf&#8221; width=&#8221;512&#8243; height=&#8221;363&#8243; quality=&#8221;high&#8221; wmode=&#8221;transparent&#8221; allowFullScreen=&#8221;true&#8221; flashVars=&#8221;videoGUID={C0F27595-4101-4E21-83A0-A65A8C53D4F0}&amp;playerid=1000&amp;plyMediaEnabled=1&amp;configURL=http:\/\/wsj.vo.llnwd.net\/o28\/players\/&amp;autoStart=false&#8221;] His plan ticks many of the right boxes: Low corporate tax rate Low flat personal tax rate Broad-based consumption tax Remove the Fed&#8217;s dual mandate and limit them to protecting the dollar against inflation Consumption taxes are often seen as regressive &#8212; &hellip; Continue reading &quot;Herman Cain Explains His 9-9-9 Plan&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/06\/herman-cain-explains-his-9-9-9-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-06T23:39:05+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/10\\\/06\\\/herman-cain-explains-his-9-9-9-plan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/10\\\/06\\\/herman-cain-explains-his-9-9-9-plan\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Herman Cain Explains His 9-9-9 Plan\",\"datePublished\":\"2011-10-06T23:39:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/10\\\/06\\\/herman-cain-explains-his-9-9-9-plan\\\/\"},\"wordCount\":153,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"9-9-9 plan\",\"consumption tax\",\"flat tax\",\"GST\"],\"articleSection\":[\"Other\",\"US &amp; 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That left me with the lasting impression that income taxes are inefficient \u2014 both in terms of equity and collection \u2014 and should be levied at low flat rates if they cannot be\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1218,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/08\/keep-it-simple\/","url_meta":{"origin":1189,"position":2},"title":"Keep it simple","author":"ColinTwiggs","date":"October 8, 2011","format":false,"excerpt":"The simpler it is, the clearer the message, the more successful you will be. ~ successful Brisbane Roar Football (Soccer) coach Ange Postecoglou on Sport Insiders The same principles seem to apply to running a football team, a corporation or the national economy -- which is why Herman Cain's 9-9-9\u2026","rel":"","context":"In &quot;Other&quot;","block_context":{"text":"Other","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/other\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4092,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/16\/dems-lay-trap-for-gop-with-buffett-rule\/","url_meta":{"origin":1189,"position":3},"title":"Dems Lay Trap for GOP with Buffett Rule","author":"Colin Twiggs","date":"April 16, 2012","format":false,"excerpt":"Do Top Earners Pay Too Little?Taxpayers earning more than $1 million a year pay an average U.S. income tax rate of nearly 19 percent, according to the Tax Policy Center. 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Especially because Krugman concludes: \"Doesn\u2019t anyone tell Romney to do his homework?\" Mr Krugman, I see that you don't know too much\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1189"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1189\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}