The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.
The way to connect with voters on the plan is to simply give the facts. Fifty per cent of taxpayers pay 97 per cent of the taxes. By most people's standards, that's already fair. The President is playing the class warfare card because he knows that a lot of people may never hear that particular fact. But it's a fact.
I challenge anybody to say that I wouldn't know how to approach foreign policy because, unlike some of the other people, I at least have a foreign policy philosophy, which is an extension of the Reagan philosophy. Peace through strength, and my philosophy is peace through strength and clarity.
I don't have more money. I won't have more money than any of the candidates, even the Republican candidates. We know that already. But we are building this campaign team like I would build a business. And that is, we are building it so far with no debt.
I think that taxes would be fair if we first get rid of the tax code. This is the ultimate solution, not to just say we're going to trim around the edges, not to say that we will try to simplify a little of this and a little of that. The problem is, replace the tax code, so we can establish tax fairness for everybody.
I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
If the world market believed that we were serious about energy independence and we were going to utilize all of our own existing resources, the speculators would stop speculating up they start speculating down as we get our own oil out of the ground.
Most of the ancestors that I can trace were born here in the United States of America. And then it goes back to slavery. And I'm sure my ancestors go all the way back to Africa, but I feel more of an affinity for America than I do for Africa. I'm a black man in America.
My approach to cutting spending as president, is to do a ten percent across the board cut of all federal agencies, and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.
My presence in the social media and on the Internet is much bigger than many of the other candidates, including Mitt Romney. So, when you take the social media and you take the Tea Party citizens movement, you have a combination there that, quite frankly, 10 years ago, I wouldn't have had a chance.
The American people, Neil, are sick and tired of excuses. They are sick and tired of the blame game. And they're sick and tired of the deception coming from this president and this administration. This is why I believe that I am doing so well in the polls.
The only tactic liberals have is to try to intimidate people into thinking that the Tea Party is racist. The Tea Party is not a racist movement, period! If it were, why would the straw polls keep showing that the black guy is winning? That's a rhetorical question. Let me state it: The black guy keeps winning.
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