The article:

Checking Herman Cain's math on 9-9-9

By Aaron Sharockman
Published on Friday, October 14th, 2011 at 11:32 a.m.

The more people learn more about Republican presidential candidate Herman Cain's "9-9-9" plan, the more questions they have.

One of the bigger ones is how it would affect poorer Americans. We had the chance to put the question to Cain directly during his recent swing through Florida.

"Most people are going to pay less in taxes," Cain, a former pizza chain executive, said Oct. 5, 2011, aboard his campaign bus stopped in St. Petersburg. "Why? Because we're expanding the base."

Cain told us he even worked out the math himself. Someone earning $50,000 a year would pay less in taxes under his 9-9-9 than they do under the current system, he said. Under the current system, a person who earns $50,000 a year "pays about $10,000 in taxes," Cain said. "A big part of that is the payroll tax." Cain then walked us through his 9-9-9 plan and said the same person would "still have $2,000 left over."

"I can't design a system for people who don't want to pay taxes," Cain added. "I can design a system so they can get a job."

Read why a trio of accountants said Cain's math doesn't necessarily add up.

Advertisement
About this article:

Sources:

See individual item

Researchers: Aaron Sharockman

Names in this article: Herman Cain

How to contact us:

We want to hear your suggestions and comments.

For tips or comments on our Obameter and our GOP-Pledge-O-Meter promise databases, please e-mail the Obameter. If you are commenting on a specific promise, please include the wording of the promise.

For comments about our Truth-O-Meter or Flip-O-Meter items, please e-mail the Truth-O-Meter. We’re especially interested in seeing any chain e-mails you receive that you would like us to check out. If you send us a comment, we'll assume you don't mind us publishing it unless you tell us otherwise.

Browse The Truth-O-MeterTM:
Subscribe: