Laffer on Cain .... .

When Art Laffer speaks ... Cain's Stimulating '9-9-9' Tax Reform A new sales tax could be raised in the future—but so can any other tax. And the low marginal rates would jump-start the economy.

“ Still, a number of my fellow economists don't like the retail sales component of the 9-9-9 plan. They argue that, once in place, the retail rate could be raised to the moon. They are correct, but what they miss is that any tax could be instituted in the future at a higher rate. If I could figure a way to stop future Congresses from ever raising taxes I'd do it every day of the week and twice on Sunday. Until then, let's not make the perfect the enemy of the good. - Art Laffer First, and  hearkening back on the earlier discussion about "who are establishment republicans?," George Will, ahem,  recently opined “We’re having a kind of Andy Warhol primary where everybody is leader for 15 minutes and Cain’s turn."  I suspect George Will's first choice is Mitt Romney, but let's not sling mud.  It just might be that Herman Cain is ascendant because he has a message with substance, oui?  His 999 plan is that in spades (and the obverse of Obama's  666 plan.)   Laffer satisfactorily addressed my concern about the irresoluteness of a national sales tax.  I am now firmly in Cain's camp, and don't hold the 'chovies. ”