Stung by criticism that his signature "9-9-9" economic plan would saddle America's poorest citizens with a disproportionate share of the country's tax burden, GOP presidential candidate Herman Cain announced some new features to the plan, even as he insisted they have been included in his campaign literature all along.
Speaking at a sparsely attended outdoor event, Cain stood before the stately Michigan Central Station in downtown Detroit, where the unemployment levels are among the highest in the country, to announce his proposal to create "opportunity zones" in America's inner cities. His announcement came just days after the nonpartisan Tax Policy Center in Washington released a study of the "9-9-9" plan that concluded the plan would increase taxes by more than 900 percent on U.S. households earning between $10,000 and $20,000 annually.
Accusing his rivals and critics of having never read his plan all the way through, Cain then used language about the plan never heard before - and sure to raise questions about whether his economic proposals now lack the simplicity that once appeared their central virtue.
"If you're at or below the poverty level, your plan isn't ‘9-9-9,'" Cain said, with economic adviser Rich Lowrie and other supporters flanking him. "It's ‘9-zero-9.' Say ‘Amen,' y'all! In other words, if you are at or below the poverty level based upon family size, because there's a different number for each one, then you don't pay that middle ‘9' tax on your income. This is how we help the poor."
OK, is anyone watching Cain on FOX? His entire plan just got extremely confusing! He is talking about how it changes from city to city based upon the poverty level and they have to keep track of that. He is talking about if it is a right to work city or not. If not, he wants to change that and the Unions already are saying they can't even take that serious. And he is talking about lowering minimum wages. How did this plan go from a suposedly simple 9-9-9 plan, to 9-0-9 to all this other stuff in there that every city has to figure out individually?
Conservation Voice wrote: Cain's Plan: It's Now "9-0-9" For The Poor
Stung by criticism that his signature "9-9-9" economic plan would saddle America's poorest citizens with a disproportionate share of the country's tax burden, GOP presidential candidate Herman Cain announced some new features to the plan, even as he insisted they have been included in his campaign literature all along.
Speaking at a sparsely attended outdoor event, Cain stood before the stately Michigan Central Station in downtown Detroit, where the unemployment levels are among the highest in the country, to announce his proposal to create "opportunity zones" in America's inner cities. His announcement came just days after the nonpartisan Tax Policy Center in Washington released a study of the "9-9-9" plan that concluded the plan would increase taxes by more than 900 percent on U.S. households earning between $10,000 and $20,000 annually.
Accusing his rivals and critics of having never read his plan all the way through, Cain then used language about the plan never heard before - and sure to raise questions about whether his economic proposals now lack the simplicity that once appeared their central virtue.
"If you're at or below the poverty level, your plan isn't ‘9-9-9,'" Cain said, with economic adviser Rich Lowrie and other supporters flanking him. "It's ‘9-zero-9.' Say ‘Amen,' y'all! In other words, if you are at or below the poverty level based upon family size, because there's a different number for each one, then you don't pay that middle ‘9' tax on your income. This is how we help the poor."
So last night on FOX Cain said he is against abortion but government should not be involved. Just now on FOX , he said that is not what he said and that abortion should be made illegal and he will pass laws to defund Planned Parenthood. Which one is it?
The Viking wrote: He can't do near the damage that Obama has done to our economy!
True, I believe he can do far more damage than Obama, and Perry too.....but it won't just be the president, I truly believe the congressional Republicans are hell bent on taking this economy down....no matter the cost to the average American.