Originally Posted by rubicon

Lowrie also said he doesn't have an advanced degree in Economics but doesn't need one. His predictions compromise that statement. although he claims that he has been getting advice from Arthur Laffer...

Retirees are not going to do well ith the 9-9-9- plan because it will amount to double taxation given the national consumption tax and on top of that a state sales tax. Since wages are the basis for taxes, it will create a desire for people to to attempt to claim some wages are really expenses. A manufacturer would get a better break than a service related company because the former has such things as raw materials to expense while the latter expense is primarily wages. I only point this out because while 9-9-9 fits in a neat little package for the debate while on the campaign trail it is going to be a nightmare to sort out in reality