Herman Cain's 9-9-9 Plan

Herman Cain's 9-9-9 plan would change the tax code to a
9% income tax, a 9% corporate tax and a 9% sales tax. He
has stated many times that he favors the Fair Tax, but he
needs to become President in order to sell it to the
American people from the "bully pulpit."

That 9% income tax would be a Steve Forbes-style flat tax.
Preparing taxes would involve a single page for most
taxpayers. The corporate tax reduction from 35% to 9%
would instantly stimulate corporations to hire and give
the U.S. an advantage in the world economy. The 9% sales
tax would transition to the Fair Tax.

I am obviously a Cain supporter and a Fair Tax advocate.
The Fair Tax has been studied for more than 2 decades. It
is a non-regressive consumption tax which replaces all
Federal taxes except the "inflation tax." The 16th
Amendment must be repealed before the tax is implemented.
The prebate makes it non-regressive. The poor and elderly
citizens will pay no tax up to the poverty level. Only
new things are taxed. Our "throw-away economy" idea
becomes less reasonable.

Before you accept sound bites from the ignorant, read the
two books written to explain and defend the Fair Tax.