Cain’s Tax Mutiny. New national sales tax on top of the income tax is a political killer
Wall Street Journal
http://www.freerepublic.com/focus/f-news/2789966/posts
From what I heard, Herman Cain’s 999 plan is phased in in two parts. The second part abolishes the income tax altogether. There will be no more income tax. No more payroll tax, no more capital gains tax and you should go read from his site the 999 plan yourself.