[federal__reserve]

If my federal income tax drops to 9%, AND my capital gains tax drops to zero, AND my tax on dividends drops to zero according to Herman Cain’s 9-9-9 plan, my purchasing power just tripled based on discretionary money available to me.

So I would be thrilled to pay 9% sales tax in lieu of all those other taxes going away. If this becomes law, the economic boom would be astonishing.

[dangus]

Bad news... you’re missing a ‘9.’

[matthew fuller]

"So I would be thrilled to pay 9% sales tax in lieu of all those other taxes going away. If this becomes law, the economic boom would be astonishing."

Cain is talking about 9% FEDERAL sales tax. After your state+local sales tax is added (mine is 8.25) you're at 17.25 percent sales tax. Cain ain't gonna make local and state sales tax go away.......