Architect of Cain’s 9-9-9 plan wants him to drop national sales tax


One of the architects of Herman Cain’s 9-9-9 tax plan, economist Stephen Moore, said the contender for the GOP presidential nomination needs to drop his proposed 9 percent national sales tax.

Cain’s plan would replace the current tax structure with a 9 percent corporate tax rate, a 9 percent personal income tax rate and a 9 percent federal sales tax. But speaking Saturday on Larry Kudlow’s radio show, Moore said the sales tax should be replaced with a 9 percent payroll tax.

“I’ve come to the conclusion that the American people and the voters do not want a national sales tax,” he said. “[Cain’s] going to have to replace that national sales tax with a 9 percent payroll tax. And if you do that, it’s a total winner.”

Read More: http://thehill.com/blogs/blog-briefing-room/news/188245-architect-of-cains-9-9-9-plan-says-he-should-drop-the-sales-tax

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