From Fox News, a plan to allow people who talk about wanting to pay more in taxes to do so.
Excerpt:
President Obama’s proposed “Buffett Rule”– which would force the wealthiest Americans to pay higher taxes to help cut the nation’s deficits — has met its Republican match.
Republican lawmakers have introduced their own “Buffett Rule” that would allow billionaire investors like Warren Buffett who say they’re not paying enough taxes to voluntarily give more money to the federal government.
Under the legislation, authored by Sen. John Thune of South Dakota and Rep. John Scalise of Louisiana, taxpayers can donate at least a $1 to the Treasury fund for deficit reduction when they file their federal income tax returns starting next year.
“If individuals like Warren Buffett or President Obama are inclined to donate their own personal money toward paying down the federal government’s debt, they ought to have that right to do so voluntarily,” Thune said. “This bill would make it easier for those wealthy individuals who feel they are currently under-taxed to pay more to the U.S. Treasury above and beyond their current obligations, without raising taxes on America’s job creators.”
The first thing to note is that John Thune is a Biola University graduate. He defeated that leftist jackass Tom Daschle to become Senator in South Dakota.
House Budget Committee chairman Paul Ryan said in an interview with The Daily Caller that he “loves” the idea of having “specific and credible” plans, like presidential candidate Herman Cain’s signature “9-9-9″ proposal, in the national debate about tax policy.
Ryan told The Daily Caller in an exclusive interview that Cain’s plan is a good starting point for debate, and shows the GOP presidential campaign season has entered into a more advanced stage where ideas — not just personalities — have come to the forefront.
“We need more bold ideas like this because it is specific and credible,” Ryan said. “I’m more of a flat-tax kind of a guy.”
The budget chairman went on to say that ideas like Cain’s plan could help shape the debate over tax reform moving into 2013.
“It’s great to see such bold ideas,” Ryan told TheDC.
[…]“I consider Paul Ryan to be one of the brightest minds in Washington, D.C.,” said Mark Block, Cain’s chief of staff, “Mr. Cain looks forward to sitting down with Congressman Ryan.
House Budget Committee chairman Paul Ryan “loves” Herman Cain’s 9-9-9 tax plan and sees the proposal as “specific and credible” – a major endorsement for a surging GOP presidential candidate.
“We need more bold ideas like this because it is specific and credible,” Ryan said in an interview with the Daily Caller. “I’m more of a flat-tax kind of a guy.”
Cain is returning the love. He said Wednesday that he sees Ryan as the type of person he would want as a Vice Presidential nominee were he to win the Republican primary, the Hill reported.
“I’ll give you a name, like representative Paul Ryan. I’m not saying he would be a V.P. pick. He might be. But that’s the type of person that I would want in my cabinet. He is the type of person,” said Cain on the Steve Gill Show.
Ryan said hoped Cain’s plan – which would replace the current code with a 9 percent tax on all personal income, corporate income and sales – would encourage legislators to consider tax reform in coming sessions, the Hill reported.
Ryan says that Cain is thinking the right way, and that he believed that critiques of the plan would make it stronger.
The famed economist told HUMAN EVENTS that the proposal was pro-growth and would create the proper conditions for America’s economy to expand and thrive again.
“Herman Cain’s 9-9-9 plan would be a vast improvement over the current tax system and a boon to the U.S. economy,” Laffer told HUMAN EVENTS in a statement. “The goal of supply-side tax reform is always a broadening of the tax base and lowering of marginal tax rates.”
Added Laffer: “Mr. Cain’s plan is simple, transparent, neutral with respect to capital and labor, and savings and consumption, and also greatly decreases the hidden costs of tax compliance. There is no doubt that economic growth would surge upon implementation of 9-9-9.”
Laffer also said that “such a system provides the least avenues to avoid paying taxes, yet also maintains the strongest incentives for work effort, production, and investment.”
Everyone is talking about Chris Christie’s endorsement of Mitt Romney… but Christie is a RINO. I’m sure that Romney will get endorsements from John McCain, Susan Collins and Olympia Snowe, too. But Paul Ryan’s endorsement is the endorsement that really matters.
WINTERY KNIGHT 