Wednesday, October 12, 2011
Following up on Monday's post, Kleinbard on Herman Cain's 9-9-9 Tax Plan
- New York Times, Inside the Cain Tax Plan, by Bruce Bartlett: "At a minimum, the Cain plan is a distributional monstrosity. The poor would pay more while the rich would have their taxes cut, with no guarantee that economic growth will increase and good reason to believe that the budget deficit will increase. Even allowing for the poorly thought through promises routinely made on the campaign trail, Mr. Cain’s tax plan stands out as exceptionally ill conceived."
- Start Making Sense, Herman Cain's 9-9-9 Tax Plan, by Dan Shaviro (NYU): "One thing I hope I can contribute here, however, is a more succinct version of some of their key conclusions - Kleinbard's in particular, as Bartlett focuses much of his attention on Cain's apparent long-term plan to replace '9-9-9' with a national sales tax."
- ABC News, Bush-Era Economic Adviser Calls Cain’s 9-9-9 Plan A ‘Monstrosity’
- Bloomberg, Cain Reveals 9-9-9 Math With Projection of No Revenue Loss
- USA Today, Is Herman Cain's 9-9-9 Tax Plan Fair?