Excellent question!
One of many reasons we need to know more about the details. (This won't all get sorted out before election, but it's certainly going to have to get sorted out before it goes to Congress for vote.)
Uh, it better get sorted out pretty quick. According to Cain's 9-9-9 plan, the deficit reduction supercommittee is supposed to pass his 9-9-9 plan. They are done next month. So he has to have this thing written into legislation and submitted to them in the next few weeks.
{One of many reasons we need to know more about the details.}
Like you understand the current tax code or the 5,000 changes in the code every year. Get a grip.