9-9-9
by David Atkins (“thereisnospoon”)
There have been a few graphs out there showing just how atrocious is Hermann Cain’s 9-9-9 plan to tax the poor and middle class while delivering a gigantic cut for the rich. Jed Lewison at DailyKos has a good one. Matt Yglesias has another good one here:
But far and away the best one is Jared Bernstein’s, which is much too long to repost here. Go check it out.
If Hermann Cain wins the GOP primary as current polling suggests he may, then Republicans should forever have lost their credibility even as the Party of low taxes. And if they lose that, I’m no longer sure what beyond culture war they have left.
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