Ron Paul says Cain’s 9-9-9 tax plan is too regressive!
LAS VEGAS, Nevada - October 18, 2011 - Republican Rep. Ron Paul of Texas said Tuesday on CNN that businessman Herman Cain’s 9-9-9 tax plan was “dangerous” and would place a burden on the poor.
Cain’s plan would eliminate the current individual income tax, corporate income tax, payroll tax, and estate and gift tax, and replace them with a 9% national sales tax, a 9% business flat tax, and a 9% individual flat tax.