84% would pay more under Cain's 9-9-9 plan
October 18th, 2011
07:25 PM ET
3 years ago

84% would pay more under Cain's 9-9-9 plan

New York (CNNMoney) - Under Herman Cain's 9-9-9 tax reform plan, 84% of U.S. households would pay more than they do under current tax policies, according to a report released Tuesday by a nonpartisan research group.

And the impact would be felt most heavily by the lowest income groups.

Programming note: GOP presidential candidates next face off at 8 p.m. ET Tuesday, October 18, in the CNN Western Republican Presidential Debate in Las Vegas, Nevada. Submit your questions for the debate here.

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Filed under: 2012 • Herman Cain
soundoff (6 Responses)
  1. Lost in Texas FOREVER

    I guess this is why some far right conservative groups embrace this plan. As long as the upper 1% is not overburden with taxes, let the middle class and poor take care of it. This is why I am suprised the Tea Party is such a supporter of Cain. The folks I see in pictures at those rallies don't look like they are in the upper 1% to me. But right wingers tend to NOT research facts before they jump on a bandwagon, especially if it appears to be anti-Obama.

    October 18, 2011 07:30 pm at 7:30 pm |
  2. Scottish Mama

    Another wealthy republican trying to shift the taxes onto the middle class and the poor. Surprise! Not.

    October 18, 2011 07:33 pm at 7:33 pm |
  3. Ex-republican

    Follow the money. Has he anything to do with Koch brothers?

    October 18, 2011 07:49 pm at 7:49 pm |
  4. Four and The Door

    Lost in Texas FOREVER
    I guess this is why some far right conservative groups embrace this plan.
    ______________________________________________________________________________________________
    ... and you guess wrong, Lost in TX. Conservative groups embrace this plan because it grows our economy, puts people back to work and makes American companies competitive in the global economy again. Maybe these are not things you appreciate or understand, but if you look around, the current tax system is only hurting everyone. Believe me, either we all win or we all lose. If you do not like the scenario where we all win because maybe one group wins more, then you are not thinking straight. America needs positive change. For everyone.

    October 18, 2011 07:50 pm at 7:50 pm |
  5. T'sah from Virginia

    84% is close to 99% – Therefore, this is another TAX BREAK for the RICH!!! Case in POINT!!

    Obama 2012

    October 18, 2011 08:39 pm at 8:39 pm |
  6. areweinhell

    Cain's plan ruins the savings of 401k & IRA & ROTH IRA plans.

    October 18, 2011 08:44 pm at 8:44 pm |