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Herman Cain’s 9-9-9 Plan Has 6-6-6 Written All Over It

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Herman Cain’s 9-9-9 Plan Has 6-6-6 Written All Over It

The number of Beast is a term in the Book of Revelation, of the New Testament, that is associated with the first Beast of Revelation chapter 13, the Beast of the sea. In most manuscripts of the New Testament and in English translations of the Bible, the number of the Beast is 666. Those who dwell on the Earth are deceived into making an image of the Beast as a means to worship his authority. It is the lamb-horned beast who breathes life into the “image of the beast”, so that the image becomes alive and is able to speak. It also declares death to anyone who does not worship the authority of the Beast. (Revelation 13:14-15)

While Herman Cain may not be a beauty or a beast, his 9-9-9 Tax Plan is just as surreptitiously deceiving  as the image of the beast. Cain has offered what he calls a simple tax plan to take the place of the current tax code, which he says is too complicated. Cain, a Republican candidate for president, touts a 9-9-9 plan: a 9 percent income tax, a 9 percent sales tax and a 9 percent business tax. When you denude all the masked up talking-points and actually examine the plan at it’s core, it spells Ronald Wilson Reagan sorry I meant 6-6-6.

Huey Freeman from the Boondocks explains the Reagan phenomena

On his website Cain states, “According to former Reagan Treasury official Gary Robbins, of Fiscal Associates, the 9-9-9 Plan will expand GDP by $2 trillion, create 6 million new jobs, increase business investment by one third, and increase wages by 10%.” Maybe I haven’t eaten enough Godfather’s pizza, because I can see right through all the cheesiness, so can the analysts at the Tax Policy Center.

The Tax Policy Center analyzed Cain’s plan using the same type of models it has used to examine other national tax proposals.The analysis found that Cain’s tax plan would result in tax cuts for many of the wealthiest tax payers and tax increases for the poorest tax payers.The center found that 83.8 percent of tax filers would get a tax increase under Cain’s plan, compared with current tax policy.On the other hand, most of the tax filers who make more than $1 million would get a tax cut under the Cain plan, about 95.4 percent of this high income group. And the average tax cut for millionaires would be $487,300.

Herman Cain explains the 6-6-6 plan 9-9-9 plan at a Republican Presidential Candidate Debate.

The Tax Policy Center released this statement, “Cain said the 9-9-9 plan “does not raise taxes on those that are making the least.” But it would raise income taxes on  people who now have low tax burdens due to exemptions and deductions. The Tax Policy Center analysis adds more detail and found that high percentages of lower-income tax filers would see tax increases. It’s true that Cain’s campaign may release more details on his plan that could change this picture. But knowing what we know now about the plan, we rate Cain’s statement False.”

The 9-9-9 plan is just 6-6-6 turned upside down. If you don’t believe me take a look at the chart below.

Cash income                 Percentage of filers with a tax increase
                Less than $10,000                 84.1
                $10,000 to $20,000                 97.8
                $20,000 to $30,000                 97.3
                $30,000 to $40,000                 94.9
                $40,000 to $50,000                 92.1
                $50,000 to $75,000                 83.7