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Herman Cain's "999 Plan": The Good, the Bad, and the Ugly
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Herman Cain's "999 Plan": The Good, the Bad, and the Ugly

So what about Herman Cain's 999 tax plan? Turns out it has some very good aspects -- and some others, not so good. I'd give it two rousing cheers and one bronx cheer. The plan is called "9, 9, 9" because it would replace today's complicated and economically burdensome federal tax code with a simple, three-part system, consisting of a 9% flat tax on individuals, a 9% flat tax on businesses, and a 9% national retail sales tax.* That's it.**

10/06/2011