Cain's Devilish Plan

Herman Cain’s 9-9-9 tax plan sounds simple enough: Eliminate the existing tax code and replace it with a 9% tax on personal income, a 9% business tax and a 9% national sales tax.

But could it work? [...]

“The poor would pay more while the rich would have their taxes cut, with no guarantee that economic growth will increase and a good reason to believe that the budget deficit will increase...”

read the full article >LA Times

also> “When you take the 9-9-9 plan and you turn it upside won, the devil is in the details" - Michele Bachmann

image> Gage Skidmore>