Herman Cain: The Koch Brothers, 999 origins, and drunk-driving laws
Herman Cain gets media scrutiny in five areas, including his ties to the Koch Brothers, who wrote 999, and Herman Cain's support for looser drunk-driving laws.
At the front of the GOP presidential pack, former Godfather’s Pizza CEO Herman Cain is having his moment in the political sun. Which also means he’s going under the journalistic microscope. This morning’s papers are packed with pieces on Cain.Skip to next paragraph
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To help you keep up with the media’s continued vetting of Cain, here’s a review of the top pieces from this weekend and Monday:
Two bits of news emerged from this interview. First, as Decoder wrote this weekend, Cain said his applause line at a recent rally - about installing a fence along the Mexican border with electric barbed wire capable of killing those trying to enter the US illegally - was a “joke” and that America “needs to get a sense of humor.”
Second, Cain acknowledged that some Americans would pay more in taxes under his “999 plan.” Which Americans, specifically? According to Cain: “The people who spend more money on new goods.”
2. Herman Cain and the Koch Brothers
Cain’s campaign manager and a number of aides have worked for Americans for Prosperity, or AFP, the advocacy group founded with support from [the Kochs], which lobbies for lower taxes and less government regulation and spending. Cain credits a businessman who served on an AFP advisory board with helping devise his “9-9-9” plan to rewrite the nation’s tax code. And his years of speaking at AFP events have given the businessman and radio host a network of loyal grassroots fans.
3. The history of “999”
The Wall Street Journal’s Neil King, Jr. digs into the formation of the “999 Plan,” finding Cain and economic advisor Rich Lowrie sought - and received - a blessing from conservative tax guru Arthur Laffer. Laffer, “often viewed as the father of supply-side economics,” reportedly signed 999 with a red A+.
In practice, Mr. Lowrie’s design combines two ideas that have figured prominently in conservative tax debates in recent years. One idea is a flat tax (Mr. Laffer for years has championed this idea). The other is a national sales tax.
Admirers see it as a breath of fresh air in what is often a stultifying debate over how to rewrite the mammoth U.S. tax code. Many conservative economists have praised the Cain approach’s shift to taxing consumption while encouraging savings and investment. But some business people—particularly retailers but also home builders—cringe at the prospect of a national sales tax. And liberals worry it would raise taxes on lower-income people, or deepen the current deficits, or maybe both.
4. Is Herman Cain a serious contender?
Two pieces dig into whether Cain, who has only recently rocketed up to top-tier status, has the desire and/or ability to start building the kind of team necessary to compete with the serious organizations of Mitt Romney and Rick Perry.