“Of course a future Congress could raise taxes above the 9 percent levels, but under our current monstrosity of a tax system, Congress already can raise taxes at any time and often has,” said Chris Chocola, president of the Club for Growth. “It is on a path to do so yet again next year with the expiration of the Bush tax cuts.”
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Mr. Cain’s plan, he said, may not be perfect, but “it is a truly revolutionary tax reform that would amount to a massive job creating tax cut on investments, savings and income.”
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