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Herman Cain's 9-0-9 Plan
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 892033" data-attributes="member: 12570"><p>In response to criticism that his 9-9-9 plan places more of a burden on the poor, Cain announced his 9-0-9 plan yesterday. Taxpayers at or below the poverty line who currently pay no federal income taxes would continue to do so under this revision to his 9-9-9. In addition to this change, Cain also announced that businesses within "opportunity zones" would be able to deduct a portion of their payroll expenses, in addition to deducting purchases, from their corporate taxes.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 892033, member: 12570"] In response to criticism that his 9-9-9 plan places more of a burden on the poor, Cain announced his 9-0-9 plan yesterday. Taxpayers at or below the poverty line who currently pay no federal income taxes would continue to do so under this revision to his 9-9-9. In addition to this change, Cain also announced that businesses within "opportunity zones" would be able to deduct a portion of their payroll expenses, in addition to deducting purchases, from their corporate taxes. [/QUOTE]
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