Tuesday, October 18, 2011

They Might As Well Call It "The 999% Plan"

The Tax Policy Center's review of the 9-9-9 plan is in.
Herman Cain's 9-9-9 tax plan would raise taxes on 84 percent of U.S. households, according to an independent analysis released Tuesday, contradicting claims by the Republican presidential candidate that most Americans would see a tax cut.

The Tax Policy Center, a Washington think tank, says low- and middle-income families would be hit hardest, with households making between $10,000 and $20,000 seeing their taxes increase by nearly 950 percent.

Since the difference between 950 and 999% is actually petty, in the general scope of things, I hope someone renames Cain's evil/idiotic idea the 999% plan, to signify the increase in income tax that the poorest would be subjected to. But this is America, so there are plenty of people who should be protesting this evil tax reform plan who are actually rooting for it.

1 comment:

Sirfab said...

Incidentally, if Cain became president and his 9-9-9 plan went into effect, we all will be "crackers". You are what you eat, after all.

Copyright 2004-2012 TheDailyFuel.com