Herman Cain: We Need a Dollar as Good as Gold

According to Herman Cain, a "gold standard is to moochers and looters in government what sunlight and garlic is to vampires." Herman Cain's 9-9-9 tax code would rob politicians of their ability to use the tax code to manipulate economic activity.

May 13, 2012, 5:50 p.m. ET
Wall Street Journal

My 9-9-9 tax code replacement plan provoked enormous enthusiasm during my presidential campaign because it represents the largest transfer of power in the history of the republic. By instituting a 9% income tax, a 9% business tax, and a 9% national retail sales tax—and eliminating most of the remaining tax code (including the many hidden taxes built into the process of doing business)—we would simplify the system for everyone and rob politicians of their ability to use the code to manipulate economic activity.

But why stop there? Washington thwarts prosperity through more than the tax code. The present monetary system ...

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