Calling Detroit, MI speech an “opportunity to explain ‘9-9-9′ without six attacks at one time,” ’12er details tax incentives for businesses, exemptions for those in poverty.
Promises plan to give poorer Americans special deductions, lower their rates to 9-0-9.
Defends charges 9-9-9 to add additional taxes, reiterates plan would throw out the current tax code.
Cain: “I want to take away the ten million ways they have now to tax us.”
Extensively quotes Reagan economist Laffer’s WSJ op-ed approving of the plan, says, “Bottom line: 9-9-9 means jobs, jobs, jobs.”