Inside the Beltway: The Hermanator returns

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

He’s still a force to be reckoned with as tax day looms: Herman Cain has arrived in the nation’s capital for a “patriot’s summit” and tax day rally Monday at the U.S. Capitol with a cast that includes Faith & Freedom Coalition founder and chairman Ralph Reed, Tea Party Nation founder Judson Phillips and conservative activist Alveda King. All hope that Americans will revisit Mr. Cain’s fiscal ideas from the Republican campaign trail, which he frames in biblical terms.

“This is all about empowering an army of Davids to demand that we replace our twisted tax code with the simplicity of 9-9-9, that we reform the federal regulatory morass, and that we return to a system of sound money,” Mr. Cain tells Inside the Beltway. “Do politicians want to do any of this? Of course not. But when they feel the heat, they will see the light.”

Mr. Cain dismisses talk of the “Buffett Rule” favored by President Obama and up for Senate consideration Monday. The former White House hopeful instead touts his “9-9-9 tax,” which would level a straight 9 percent tax on individuals, business and sales. See his ideas here: http://cainsolutionsrevolution.com. The uber-rich would pay their fair share like everyone else, he says, with enough left over to invest their wealth in American prosperity.

“Only a clueless president would complain about this, and propose to enact a tax that discourages investment while making such a tiny dent in the deficit you’d need a microscope to even see it,” Mr. Cain observes. “But that’s the president we have — small thinking and a tiny impact on very big problems, of which he just might be the biggest.”

FROZEN ASSETS

With the economy preoccupying many taxpayers, we can at least rest assured that few of them squirrel their money away among baked goods. Frozen steaks? Well, maybe. A Marist Poll finds that a mere 10 percent of Americans hide their dough in a cookie jar. Eleven percent use the mattress, 19 percent a plain old sock while 17 percent conclude there’s no “good place” to hide money. But in the freezer? Twenty seven percent said stowing cold cash at low temperatures is not a bad idea.

LIBERTARIANS: VIVA LAS VEGAS

They’re first out of the convention chute, and they’re ready for glitz: the Libertarian Party soon stages the National Libertarian Convention at the Red Rock Resort in Las Vegas. White House hopeful Gary Johnson is among those appearing at the “Liberty Will Win” event May 3-6, where the party selects presidential and vice presidential nominees, hammers out a platform and celebrates its 40th anniversary.

Mr. Johnson’s campaign has picked up traction since he declared himself an “anti-war candidate” with no taste for a big military budget; there are whispers he could pick up some support of Rep. Ron Paul’s many vocal followers. Meanwhile, 700 delegates are expected at the convention, and there’s much optimism afoot.

“We have strong candidates and a growing number of independents, tea party faithful, disaffected Republicans, and anti-war, anti-crony-capitalism Democrats looking to us to field true liberty candidates,” says Chairman Mark Hinkle. “We’re the small government alternative to big government Democrats and Republicans, which resonates with millions of voters who are deeply concerned with our weak economy and who fear it will get worse.”

MITT MINDER

“Don’t be Romney’s cheap date.”

(Conservative maven Richard Viguerie’s advice to voters pondering support for Mitt Romney)

THE BUFFETT MANEUVER

Six in 10 Americans hope Congress passes the “Buffett rule,” says a new Gallup Poll, which reveals a predictable partisan divide: Seventy-four percent of Democrats and 43 percent of Republicans like the idea.

Story Continues →

View Entire Story

© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

Comments
blog comments powered by Disqus
TWT Video Picks