Saturday, October 15, 2011

PIZZA MAN'S PLAN NIXED BY RETAILERS

The National Retail Federation has come out against Herman Cain's 9-9-9 video game economic plan.  From McClatchy:
The National Retail Federation strongly opposes the Republican presidential candidate’s plan because it would institute a first-ever national sales tax of 9 percent that, the federation says, will dampen consumer spending.

“This will hurt demand and slow the economic recovery,” the federation’s tax policy expert, Rachelle Bernstein, said. “You definitely do not want to do this.”

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