Friday, October 21, 2011

Pay No Attention to the Man in Front of the Depot

Either you guys want a flat tax or not. Make up your mind. It's amazing how quickly tax "exemptions" leap back into the picture after Republicans sell themselves to the public on the idea of eliminating them, isn't it?

Today, Herman Cain will be using the grand backdrop of Michigan Central Depot to entirely change the tax plan that brought him to prominence in the first place.

After sharp criticism over his one-size-fits-all plan from Republicans and Democrats alike, Cain was set Friday to propose exemptions for businesses investing in "opportunity zones" as a way to give an economic jolt to rundown neighborhoods. He's also proposing new tax brackets to reflect different income levels.

Yes, we had those, they were called "Renaissance Zones", and after the Republicans campaigned on eliminating them at the state level, it looks like they may put them right back in again. Guess it's better that Cain would do the flip-flop now and get it out of the way.

And gee, "tax brackets" sounds suspiciously like a progressive income tax, too. Shocker.

OK, carry on...