9-9-9 = 6-6-6

Herman Cain thinks he has found the solution to all of America’s economic problems; it’s called the 9-9-9 plan.

I guess Herman has not listened to those thousands of people protesting across the country, complaining about the low taxation of the rich and all the corporate tax breaks they receive.

The premise of his plan is fairly simple, a 9% tax on business income, a 9% tax on wages and a 9% Federal income tax.

Estimates by people who understand tax law (which are few) say that this would mean raising taxes for 90% of Americans. Ironically it would also decrease the amount of money that the Federal government takes in from taxes.

Oh that makes so much sense! Lets tax the lower and middle class more, decrease taxes on the wealthy and on businesses and bring in less money.

The 9-9-9 plan is a publicity stunt, and quite a sad one. It sure sounds great until you realize what it would actually be accomplishing (or failing to accomplish). Cain is getting a lot of air time out of this plan, just because of its simplicity.

But there is no such thing as a simple tax policy. The tax codes take up thousands of pages filled with tiny print nowadays and it will not work to just toss those books out the window and just print out a page that says 9-9-9 on it.

Under Cain’s plan, over 23,000 millionaires would be freed from paying taxes. WHY WOULD YOU WANT TO DO THAT?

GOP: Spread the wealth to the wealthy

Cain’s plan is quite frankly stupid. It shows just what a weak candidate he is. At the beginning of the GOP race he was one of the most obscure candidates and it is only due to his boldness that he has gained attention.

If the GOP want to nominate him, go right ahead. I highly doubt he could stand up to Obama, a man who is both intelligent AND possess common sense.

If you are set on putting America in a worse economic position than it is in now (yes it is possible) and ruining all that we have built as a country, vote Herman Cain in 2012!

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