cain 'tweaks' 9-9-9

[jillian]

Cain tweaks 9-9-9 tax plan to allow exemptions

DETROIT (AP) -- Republican presidential hopeful Herman Cain on Friday redefined his tax plan to exclude the poorest Americans and to allow some deductions, abandoning the zero-exemption feature of his "9-9-9" proposal that helped win headlines but would have meant a tax increase for 4 out of 5 Americans.

After sharp criticism over his one-size-fits-all plan from Republicans and Democrats alike, Cain proposed no income taxes for Americans living at or below the poverty line. He also proposed exemptions for businesses investing in "opportunity zones" as a way to give an economic jolt to rundown neighborhoods such as the one he visited in hard-hit Detroit.

News from The Associated Press

 

[DiamondDave]

And the addition of complication and pandering starts...

It was not inclusive of things like capital gains in the beginning... but now, with this, it is just worse

 

[Article 15]

Cain tweaks 9-9-9 tax plan to allow exemptions

DETROIT (AP) -- Republican presidential hopeful Herman Cain on Friday redefined his tax plan to exclude the poorest Americans and to allow some deductions, abandoning the zero-exemption feature of his "9-9-9" proposal that helped win headlines but would have meant a tax increase for 4 out of 5 Americans.

After sharp criticism over his one-size-fits-all plan from Republicans and Democrats alike, Cain proposed no income taxes for Americans living at or below the poverty line. He also proposed exemptions for businesses investing in "opportunity zones" as a way to give an economic jolt to rundown neighborhoods such as the one he visited in hard-hit Detroit.

News from The Associated Press

And the moron doubled down on his no capital gains tax derptitude.

 

[jillian]

And the addition of complication and pandering starts...

It was not inclusive of things like capital gains in the beginning... but now, with this, it is just worse

it was always a scam, imo.