Gone are the days when understanding a tax plan called “9-9-9” was as simple as knowing what each nine meant. First, Herman Cain altered the plan to include various exemptions and caveats. Now, due to studies that show 9-9-9 would raise taxes on the poor and middle class, Cain has announced that a 9-0-9 plan no income taxes would apply to people at or below the poverty line. And he proposed tax breaks for businesses in economically depressed areas. By the time he’s done tweaking the 9-9-9 plan, it’s going to be 1,000 pages long. [WP]
