8/3/2019 Herman Cain 999 Plan

http://slidepdf.com/reader/full/herman-cain-999-plan 1/2

9% NatioNal SaleS tax

• Unlikeastatesalestax,whichisanadd-ontaxthatincreases

thepriceofgoodsandservices,thisisareplacementtax.It

replacestaxesthatarealreadyembeddedinsellingprices.

Byreplacinghighermarginalratesintheproductionprocess

withlowermarginalrates,marginalproductioncostsactually

decline,whichwillleadtopricesbeingthesameorlower,not

higher.

eCoNoMiC iMPaCt

• AccordingtoformerReaganTreasuryofcialGaryRobbins,of

FiscalAssociates,the9-9-9PlanwillexpandGDPby$2trillion,

create6millionnewjobs,increasebusinessinvestmentbyonethird

andincreasewagesby10%.

9-9-9 PLAN: SUMMARY

• Removesallpayrolltaxesandunitesalltaxpayers

• Providestheleastincentivetoevadetaxesandthefewest

opportunitiestodoso

• Liftsa$430billiondead-weightburdenontheeconomy

duetocompliance,enforcement,collection,etc…

• Isfair,simple,efcient,neutral,andtransparent

• Endsnearlyalldeductionsandspecialinterestfavors

• Featureszerotaxoncapitalgainsandrepatriatedprots• ExportsleaveourshoreswithouttheBusinessTaxortheSales

Taxembeddedintheircost,makingthemworldclasscompetitive.

Importsaresubjecttothesametaxationasdomestically

producedgoods,levelingtheplayingeld.

• Lowestmarginalratesonproduction

• KillstheDeathTax

• Allowsimmediateexpensingofbusinessinvestments

• Eliminatesdoubletaxationofdividends

• Increasescapitalformationwhichaidscapitalavailability

forsmallbusinesses

• Increasedcapitalperworkerdrivesproductivityandwagegrowth

• FeaturesaplatformtolaunchproperlystructuredEmpowermentZonestorenewourinnercities

• Thepro-growth,pro-job,pro-exporteconomicpoliciesof

the9-9-9 Planequalsastrongdollarpolicy

 Amidstabackdropoftheeconomicrenewalcreatedbythe 9-9-9 Plan

IwillbegintheprocessofeducatingtheAmericanpeopleonthebenets

ofcontinuingthenextsteptotheFairTax.

• Ultimatelyreplacesindividualandcorporateincometaxes

• EndstheIRSasweknowitandrepealsthe16thAmendment

MEET HERMAN CAIN

Mr.Cainhasmorethan40yearsexperienceinthetheprivatesectorwherehe

balancedbudgets,createdjobsandrescuedfailingcompanies.Ano-nonsense

businessleaderwhohasturnedstrugglingcompaniesaroundtorenewed

success,Mr.Cain’spolicieswilldothesamefortheUnitedStatesofAmerica.

 Find out more at www.HermanCain.com/about 

CAIN’S VISION  for 

 

VISION for ECONOMIC RENEWAL

• Thenaturalstateofoureconomyisprosperity;freedomensuresthat

• Inordertoreturntoprosperity,Governmentmustgetoffourbacks,outofourpocketsandoutofourway

ECONOMIC GUIDING PRINCIPLES

1. Production drives the economy, not spending.

Production is the engine, consumption is the caboose.

• Wecannotspendourwaytoprosperity

• Governmentspendingistotakeabucketofwaterfromthedeep

endofthepool,pouritintheshallowend,then Hopethatthe

waterlevelwillChange.

2. Rsk kng rs grwh

• Businessformationandjobcreationaredependentonentrepreneurs

takingrisks• Investorswhofundentrepreneurslikewisetakerisks

3. Msrmns ms b pnb

• Adollarmustalwaysbeadollar,asanhourisalways60minutes

• Soundmoneyiscrucialforprosperity

UNITE, never DIVIDE ; 

UNITED around ECONOMIC GROWTH

• Whenonepartyissofocusedonspendingsothattheothermust

focusoncutting,wemustunitearoundeconomicgrowth

• Uniteincometaxpayerswith payroll taxpayerssoweallpull

forlowrates.

• Unitethosewantingtoeliminatedeductionswiththoseseeking

lowerrates

• UnitetheFlat-TaxerswiththeFair-Taxers

Ourcurrenteconomiccrisiscallsforboldactiontotrulystimulatethe

economyandRenewAmericabacktoitsgreatness.The9-9-9 Plan

getsWashingtonD.C.outofthebusinessofpickingwinnersandlosers,

usingthetaxcodetodoleoutfavors,anddividingthecountrywith

classwarfare.Itisfair,simple,transparentandefcient.Ittaxesevery-

thingonceandnothingtwice.Ittaxesthebroadestpossiblebaseatthe

lowestpossiblerates.Itisneutralwithrespecttosavingsandconsump-

tion,capitalandlabor,importsandexportsandwhethercompanies

paydividendsorretainearnings.

9% BuSiNeSS Flat tax

• GrossincomelessallpurchasesfromotherU.S.located

businesses,allcapitalinvestment,andnetexports.

• EmpowermentZoneswillofferdeductionsforthepayroll

ofthoseemployedinthezone

9% iNdividual Flat tax

• Grossincomelesscharitabledeductions

• EmpowermentZoneswillofferadditionaldeductionsforthose

livingand/orworkinginthezone

PHASE ONE

PHASE TWO

8/3/2019 Herman Cain 999 Plan

http://slidepdf.com/reader/full/herman-cain-999-plan 2/2

Scanwithyoursmartphone

toseethe9-9-9video.