Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.
By Wolf Blitzer, CNN
(CNN) - With Herman Cain out of the Republican race for the White House, what happens to his “9-9-9” tax plan? The short answer, of course, is that it’s gone. What isn’t gone, though, is a desire for major tax reform in the United States.
All the candidates have come out with various proposals to reshape the way the government taxes people and corporations. There is an emerging consensus among Republicans and Democrats that the system is way too complicated, inefficient and costly. Fresh ideas are absolutely necessary.
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