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  • Bachmann on Cain’s 9-9-9 plan: Turn those numbers upside down (The Devil's in the details)

    10/12/2011 7:04:06 AM PDT · by SeekAndFind · 175 replies · 2+ views
    Hotair ^ | 10/12/2011 | Allahpundit
    Via Breitbart TV, the soundbite of the day from tonight’s debate. Is she right? According to Josh Barro (via our pal Karl), maybe so: Herman Cain’s 9-9-9 plan includes a personal income tax, a business tax, and a sales tax, all at flat rates of nine percent. Bruce Bartlett critiques the plan in the New York Times today, and he flags a fact about the business tax that I hadn’t been aware of:“The business tax in the Cain plan bears no resemblance to the present corporate income tax. The tax would apply to gross sales less dividends paid and all...