Nice article in 'The Economist' on how Republican candidates are competing to race to the lowest point: http://www.economist.com/node/21534799 With a candidate Romney/Cain/Perry and all their lunatic tax reform proposals, I can not possibly imagine how the Republicans will beat Obama next year. There are 311 million Americans and the Republicans come up with Romney/Cain/Perry as the possible candidate for the highest office in their country. And then their one and only answer to all problems and everything is: cutting taxes. EDIT: I doubt that these plans will make one of Republican candidates the next president of the United States. Do you think these plans (as described in article) will have great appeal to the voters?