Sunday, October 23, 2011

9-9-9 Would be a Shift to a More Regressive Tax System

The Tax Policy Center* says that Cain’s 9-9-9 tax proposal will lead to tax increases for almost everyone in the middle and lower classes.

Via Greg Mankiw.

* The Tax Policy Center is a joint effort of the Urban Institute and the Brookings Institution, so it’s safe to say it’s left of Herman Cain.

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