>>>http://bottomline.msnbc.msn.com/_news/2011/10/13/8304334-cains-9-9-9-tax-plan-is-simple-most-will-simply-pay-more
>>>
>>>
>>>The biggest knock from the article:
>>>The reason the plan would hit poor people much hardest that the wealthy is also simple. The current tax code provides a series of deductions, credits and exemptions that ease the tax burden on all households, but they have a greater positive impact those at the bottom of the income ladder. As a result, some 38 percent of U.S. households pay little or no taxes. They would now suddenly be hit with what amounts to a tax bill that represents 27 percent of their income, according to USC law professor Edward Kleinbard, who published a paper this week calling the 9-9-9 plan “a terrific example of fiscal hocus pocus.”
>>>
>>>
>>>Somewhere close to 48% of all Americans pay no federal income tax! THAT is fiscal hocus pocus. The filthy rich pay a lower effective tax rate than their employees!!! THAT is fiscal hocus pocus.
>>
>>Cain has a lot of people scared right now. He has resonated. Last night's debate proved it by the questions and attacks on 999. Perry's deplorable debate performances combined with Cain's debate prowess and 999 promotion has resulted in a great momentum swing in the polls. Now he must convert that swinging support to solid support and that momentum to cash to establish his organization.
>>
>>If not, I expect to see the Newt bubble next. ;)
>>
>>It's going to be very difficult to break through the crony bundled establishment but this is an extraordinary election cycle. Maybe, just maybe...
>>
>>Next debate : This Tuesday on CNN.
>
>Newt? I have only four words to say about his candidacy. Dead. As. A. Doornail.

About this we have always agreed.