FOUNTAIN VALLEY,
Maxx C. Harris: I’ve been reading
Herman Cain’s 999 tax plan. He wants to cut all deductions and make businesses, workers and sales tax all nine percent. President Barack Obama tried to cut the corporate-jet tax deduction. Lobbyists and our bought-and-paid-for Congress stopped him. Good luck with getting the elimination of all deductions through Congress. Cain’s plan will look much different when Congress gets through with it.
Will Cain’s plan eliminate the mortgage deduction? Will the real estate lobby and mortgage brokers fight to keep it? Will lobbyists fight to keep the jet write-off as they are under Obama? Will
Mitch McConnell give up his horse-racing tax break that he fought so hard to get for his campaign contributors?
Many lobbyists will fight to keep their special tax