Citizens for Tax Justice, Herman Cain’s “9-9-9 Plan”:
If presidential candidate Herman Cain’s proposed “9-9-9 tax plan” was in effect today, then the richest 1% of taxpayers would each pay $210,000 less in annual taxes on average, while the poorest 60% of taxpayers would each pay about $2,000 more in annual taxes on average, than they do now. Moreover, under the 9-9-9 plan, the United States government would collect about $340 billion less in revenue in 2011 alone.
- Linda Beale (Wayne State), Herman Cain, Funded by Koch Bros, Says “Let the Little Guys Pay Taxes (Not the Uber-Rich)”
- Huffington Post, Warren Buffett Would Most Likely Pay No Income Tax Under Herman Cain’s ‘999’ Tax Plan: Analysis
- Think Progress, Billionaire Investor Warren Buffett Would Pay No Income Tax Under Cain’s 999 Plan
- Yahoo, Warren Buffett Would Likely Pay No Income Taxes Under Cain’s 9-9-9 Plan
