I love 2 out of 3 “nines.” Here in Mass we already have a 6.25% sales tax so I’d be paying over 15% in taxes on every purchase (yes, I know I’d make it up on the income side). Still, the idea is intriguing.
(TheDC) — House Budget Committee chairman Paul Ryan says he “loves” presidential candidate Herman Cain’s signature “9-9-9″ tax plan.
Ryan told The Daily Caller in an exclusive interview that Cain’s plan shows the GOP presidential campaign season has entered into a more advanced stage where ideas — not just personalities — have come to the forefront.
“We need more bold ideas like this because it is specific and credible,” Ryan said. “I’m more of a flat-tax kind of a guy.”
The budget chairman went on to say that ideas like Cain’s plan could help shape the debate over tax reform moving into 2013.
“It’s great to see such bold ideas,” Ryan told TheDC.