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Herman Cain’s 9/9/9 plan has been favorable among American’s based on his growing support in polls, but certainly could have gone without the criticism from the other GOP candidates in Tuesday’s debate at Dartmouth.
Herman Cain mentioned in the debate hosted by Bloomberg and The Washington Post, that the solution to the economic difficulties facing the country would be solved by his 9/9/9 plan. This would throw out the current tax code and add a 9% flat corporate tax, 9% income tax, and a 9% national sales tax.
With this plan came questions from all sides; fortunately Cain had answers to all of them. Rick Santorum, the former senator of Pennsylvania, laid out his plan during the debate to solve the economic crisis. His plan to boost the economy focused around increases in manufacturing, by reducing the current corporate tax from 35% to 0% for manufacturers and processors.
Santorum implied that his bill for economic growth would pass over Herman Cain’s 9/9/9 plan stating, “The cool thing about my plan as opposed to Herman’s plan and some of the other plans out there is that it will pass and it will pass tomorrow.”
Santorum continued on pointing out the faults in Cain’s plan by asking the audience, “how many people here are for a sales tax in New Hampshire? Raise your hand,” and “How many people believe that we’ll keep the income tax at 9 percent? Anybody?”
Jon Huntsman, another candidate and former governor of Utah, also mentioned his plan to spur economic growth, mentioning a tax reform himself. Huntsman has already added a flat tax in the state of Utah, which has previously shown to boost jobs and make his state a leading one in job creation.
Although familiar with tax reform, Huntsman thought that even though Cain’s 9/9/9 plan was a catchy phrase; it may not work in practice. Huntsman states, “I thought it was a price of a pizza when I first heard it.” He also thought that unlike Cain’s plan, his own plan was actually one that’s “doable, doable, doable. And what I have put forward is a tax program that is doable.”
Herman Cain did not back down without a fight. Cain’s response to both Huntsman and Santorum was that, “9/9/9 will pass and it is not the price of a pizza, because it has been well studied and well developed.” He continued on saying, “It will pass because the American people want it to pass.”
Julianna Goldman of Bloomberg confronted Cain asking, “Bloomberg Government has run the numbers and your plan would have raised no more than 2 trillion dollars and even with that short fall you’d still be slapping a 9% sales tax on food and medicine.” Cain responded, “The problem with that analysis is that it is incorrect.”
Michele Bachmann chimed in with her view on the 9/9/9 plan saying, “When you take the 9/9/9 plan and you turn it upside down you see the devil in the details.” Other economic plans for the country include Rick Perry’s plan to put 1.2$ Americans working in the energy industry and plans to lay out his plan within the next few days. Mitt Romney has his “59” point plan which he discussed in the debate as well.
Hopefully Herman Cain will keep his growing support even after taking hits from many candidates. With his strong responses and standing by his 9/9/9 plan, he could continue to stay in the lead.
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