"Herman Cain's "9-9-9" tax plan would boost taxes paid by moderate- and low-income households while cutting taxes for upper-income earners, according to a study released Tuesday by a think tank.
The analysis by the Tax Policy Center concludes that more than 90% of people earning less than $37,090—the bottom 40% of earners—would see a tax increase under Mr. Cain's plan. It also estimated that those who earn $17,900 or less per year—the bottom 20%—would pay $1,854 more per year on average in U.S. sales taxes and income tax levies that many now are exempt from paying.
By contrast, about half of households in the top 20% of earners, with incomes greater than $111,000, would get an average tax cut of $14,400."
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