Just as GOP presidential contender Herman Cain was enjoying his jump in the polls to front-runner status, breaking news has erupted that could damage, if not destroy, his campaign. Politico reported Sunday that two women accused Cain of inappropriate behavior during his 1996-99 tenure as president and CEO of the National Restaurant Association.
A group of homosexual activists comprised of both active and retired military personnel is suing the federal government to overturn the 1996 Defense of Marriage Act (DOMA), which defines marriage for federal purposes as only between a man and a woman. The group wants the law changed so that homosexual "married" couples can receive the same benefits as traditional married couples serving in the military.
Texas Governor and Republican presidential candidate Rick Perry spelled out the details of his “Cut, Balance, and Grow” flat tax plan on October 25, saying that “the U.S. government spends too much. Taxes are too high, too complex, and too riddled with special-interest loopholes. And our expensive entitlement system is unsustainable in the long run.” Perry’s plan would offer taxpayers a choice between a new flat rate of 20 percent on incomes over $50,000, or their current income tax rate. The plan would allow them to file their taxes on a postcard, eliminating the enormous current compliance costs in filing their Form 1040s. Various deductions and exemptions would be eliminated, he says, thus improving incentives for entrepreneurs to invest, create, and hire.