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When Roger West first launched the progressive political blog "News From The Other Side" in May 2010, he could hardly have predicted the impact that his venture would have on the media and political debate. As the New Media emerged as a counterbalance to established media sources, Roger wrote his copious blogs about national politics, the tea party movement, mid-term elections, and the failings of the radical right to the vanguard of the New Media movement. Roger West's efforts as a leading blogger have tremendous reach. NFTOS has led the effort to bring accountability to mainstream media sources such as FOX NEWS,CNN and Andy Breitbart's "Big Journalism. Roger's breadth of experience, engaging style, and cultivation of loyal readership - over 92 million visitors - give him unique insight into the past, present, and future of the New Media and political rhetoric that exists in our society today. What we are against: Radical Right Wing Agendas Incompetent Establishment Public Coruption Corporate Malfeasence We are for: Global and Econmoic Security Social and Economic Justice Media Accountability Healthy Communities

Monday, October 10, 2011

Herman Cain’s Great Plan

Tax the poor people’s food to finance massive tax break for the rich.

The centerpiece of former pizza czar Herman Cain’s presidential campaign is his “999″ plan, which would slash taxes on the wealthy, drive up deficits to the worst point since World War II, and force low-income Americans to pay a massive nine times their current tax rate. In an interview this morning with CNN’s Candy Crowley, Cain even said food and clothing would not be exempt from the 9 percent national sales tax he would put in place if elected president. Indeed, he said it would be “fair” for a poor person to pay as much in sales taxes as Crowley does:
CROWLEY: Is there any exception, as you see it, in this consumption tax? Except for clothing, perhaps? Except for food?

CAIN: Nope, you don’t have to do that. Nope, you don’t have to do that.

CROWLEY: So a poor person is paying the same amount of taxes on groceries as I am? Does that sound fair to you, just in a vacuum?

CAIN: Yes, it does sound fair because of the other point I’m about to make. If they need to buy a car or a home or some hard goods that are used, they pay no taxes.

 
Because he says his plan would lower the income tax for some Americans — and, by his calculations, leave people with more money to spend — Cain seems to think his plan would leave low-income Americans with more money. He is wrong. Presently, the bottom quintile of earners pays about 2 percent of their income in federal taxes. Under Cain’s plan, their taxes would increase all the way up to 18 percent.

Taxing poor people’s food is considered so beyond the pale that even the Tea Party group FreedomWorks assumed that the final version of Cain’s tax plan would exempt food from the sales tax. Only two states, Mississippi and Alabama, charge sales tax on food.

This week, Cain said his plan would not be regressive because “It expands the base so that everybody has a lower rate. And it is not regressive on the poor.” Clearly, he is ignoring how his tax plan would actually affect hardworking Americans, especially when it comes to the food they buy so that they can feed their families.



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