CAIN'S 9-9-9 PLAN SCREWS THE WORKING CLASS

Cain's 9-9-9 plan screws the working class. Here's how - and I'm gonna make this real simple:

The working class now pays to the federal government NO INCOME TAX and only 7.5% payroll tax. That's a grand total of 7.5% in taxes.

Under Cain's plan, this person will now pay 9% income tax. THAT'S A 1.5% INCREASE.

But that's not all. On top of that, this working class person will also pay another 9% on everything they buy.

THIS AIN'T CHICKENFEED FOR FOLKS LIVING PAYCHECK TO PAYCHECK; IT WILL BANKRUPT THEM.

REPEAT: IT WILL BANKRUPT FOLKS LIVING PAYCHECK TO PAYCHECK.

These folks ain't saving 9% of each paycheck as it is; most have no cushion, and are probably saving for their kid's education or to buy a home or for a down payment on a car. Cain's plan would wipe out any and all saving these folks are struggling now to put together.

In other words, the Cain 9-9-9 plan is a disaster for perhaps as many as 45% of Americans.

Anyone who would propose such a plan is not ready to be POTUS.

I challenge anyone to prove I am wrong. And that means I defy Rush, Hannity, Levin, Kudlow, Cain, or any conservative bloggers like these great bloggers: Doug Ross, Jim Hoft, Zip, Erik. Donald Douglas, The Other McCain, Instapundit - anyone.

I am flabbergasted that Cain's 9-9-9 plan hasn't been laughed at and derided.

Herman Cain a wonderful man and would make a great Secretary of Commerce, but he'd be an awful GOP nominee for POTUS. Huntsman is actually better and he's a freaking disaster.

YUP: because of his awful tax plan, I put Cain at the absolute bottom of the pack.