Thursday, October 13, 2011

Koch Ties to Herman Cain 9-9-9 Tax Plan


Wednesday, October 12, 2011
Koch Ties to Herman Cain 9-9-9 Tax Plan
Posted by Robert Wenzel at 11:07 AM

Herman Cain's 9-9-9 tax plan, which, during the debate last night, Michelle Bachmann correctly pointed out creates a new tax pipeline and opens up the possibility of a value added tax, has an intriguing tie to the Koch brothers.

Cain attended the Koch conference held earlier this year in Rancho Mirage and he has been a speaker at the Koch-funded rightonline.

But, here's the real kicker. During last night's debate, when asked, Cain divulged only one name that helped him develop his 9-9-9 plan, Rich Lowrie.

It turns out, according to LaTi, that from 2005 through 2008, Lowrie served on the board of advisors of Americans for Prosperity, a nonprofit advocacy group heavily funded by Charles and David Koch.

Pressed to name his other advisors, Cain again referred to Lowrie.

"He's been my lead economist on helping to develop this," Cain said.

What's Lowrie's background outside of his Koch connections?

He holds a bachelor's degree in accountancy from Case Western Reserve University and now leads a wealth management group of Wells Fargo Advisors in Cleveland, Ohio.

So, now, how do you think Cain ran into Lowrie?

http://www.economicpolicyjournal.com/2011/10/koch-ties-to-herman-cain-9-9-9-tax-plan.html

No comments:

Post a Comment