Tea Party Supports Higher Taxes?

Is it possible that tea partyists actually support higher taxes? If it is true that they are now supporting Herman Cain, they are in fact supporting higher taxes.

Unless you are earning more than $120,000 a year, Cain’s 9-9-9 tax solution means higher taxes. And the last 9 is a federal sales tax. That gets added on to the sales and local taxes that are already in existence. This means that Cain will raise the sales tax you pay from whatever it is now to anywhere between 14 to 17 percent or more. If you live in a state that does not have sales tax at present, you will be paying 9 percent under Cain.

Is the tea party actually supporting this? I don’t think so. Then who is giving Cain his support? Republicans too are against increased taxes, so what is going on? Are they being suckered by the glib simplicity of 9-9-9? Are they too dumb to realize that their taxes are going to go up?

Cain’s Snake Oil 9-9-9: Come and Get It

Herman Cain’s flat 9 percent tax rate may sound initially attractive, but appearances are deceptively misleading. The removal of deductions is enough to push the income tax burden of the majority of tax payers to a rate that is higher than at present, especially for families with children. Only the wealthy would benefit, so in this respect Cain is showing his Republican colors.

Worst than increases in income tax, the 9 percent sales tax would be 9 percent only in the few states that at present have no sales tax. But take California, for example. Under Cain’s scheme, sales tax would end up being around 17 percent, once you add on state and local taxes. No only would this be a burden for consumers, but it would discourage sales and ultimately stifle the economy.

Are we back in the Wild West? The 9-9-9 tax proposal is little more than snake oil hawked by a shyster.