Herman Cain is wrapping up a rally in Detroit (the one his campaign pretended happened yesterday), in which he revised his "9-9-9" plan to include "Opportunity Zones" where poor people could live and work without having to pay taxes.
From what we could see from the campaign's livestream, the rally itself looked like a pretty dismal affair. About 40 people showed up to hear Cain speak outside of the decrepit Michigan Central Station, and from the attrition rate, it appears that a lot of them were curious onlookers rather than true Cain supporters (although there was one Don't Tread On Me flag and a sign about Cain and Clintoncare).
Bruce Bartlett studies the pizza tycoon's "9-9-9" economic plan. Bottom line: At a minimum, the Cain plan is a distributional monstrosity. The poor would pay more while the rich would have their taxes cut, with no guarantee that eco... Read Post
GOP front-runner Herman Cain struggled to defend his 9-9-9 tax plan on NBC's Meet The Press on Sunday, admitting for the first time that some people with lower incomes would pay more under the plan. "Some people will pay more," he t... Read Post