Rep. Paul Ryan (R-WI) said in an interview with the Daily Caller today that he “loves” the 999 Plan proposed by presidential candidate Herman Cain, in which the federal tax system would be reduced to a 9% income tax, 9% corporate tax, and 9% sales tax.
Ryan told The Daily Caller in an exclusive interview that Cain’s plan 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.
Based on these comments, Ryan is not so much endorsing the 999 Plan as expressing his appreciation for the way it’s moving the debate. “I’m more of a flat-tax kind of guy,” says Ryan. Herman Cain is really more of a Fair Tax kind of guy. It’s great for America to see those movements join forces and get serious about changing history.
Taken together with supply-side legend Arthur Laffer’s thumbs-up in a HUMAN EVENTS interview, Ryan’s kind words give the Cain campaign a lot to be happy about:
“I consider Paul Ryan to be one of the brightest minds in Washington, D.C.,” said Mark Block, Cain’s chief of staff, “and for Congressman Ryan to embrace 9-9-9 shows that he also has the leadership to give the American public bold solutions for our current crisis. Mr. Cain looks forward to sitting down with Congressman Ryan.
“Dr. Art Laffer also wrote a piece praising 9-9-9, so you have two of the most respected people that are dealing with economics in America praising 9-9-9,” Block added. “That … speaks for itself.”
It’s remarkable to find a dramatic proposal like the 999 Plan enjoying such an attentive hearing from both opinion leaders and the public. It’s a moment that both Flat Tax and Fair Tax proponents have awaited for a long time.