9-9-9 tax plan | WOPULAR

Herman Cain losing some steam

His troubles began once he vaulted into the top tier of Republican candidates, after introducing his 9-9-9 tax plan and winning a straw poll. Now his blunders on abortion, immigration and foreign policy have left political observers scratching their heads ...

Senh: Let's see if he can stay in the spotlight after these "blunders." Michele Bachmann has slipped off the radar since her many gaffes.

Herman Cain tweaks 9-9-9 tax plan

GOP presidential hopeful Herman Cain tweaked his 9-9-9 tax plan, eliminating the tax burden on people living in poverty and creating "opportunity zones" to boost economically depressed areas. Cain's changes to the plan come amid growing criticism that the proposal -- calling for a 9% income tax, 9% national sales tax and 9% corporate tax rate -- would raise taxes on low- and middle-income people while helping the wealthy.

Senh: This plan is starting to get complicated. I like the exemption for people who live below the poverty line. Having a lower corporate tax rate might allow companies keep more of their profits and hire more people. Having a lower income tax means that people will get to keep more of their income, too, especially the rich who are taxed a lot higher. It seems like they have the most to gain - lower income tax for themselves and lower corporate tax for their companies. But having an additional federal sales tax means that people will have to pay more for stuff they buy.

Study: Cain tax plan raises taxes on 84 percent

A new study says the 9-9-9 tax plan promoted by Republican presidential candidate Herman Cain would raise taxes on 84 percent of U.S. households, contradicting claims by the candidate that most would see a tax cut.

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Herman Cain losing some steam

Herman Cain tweaks 9-9-9 tax plan

Study: Cain tax plan raises taxes on 84 percent