Do you like Herman Cain’s tax plan? Maybe you should figure out what income bracket you’re in first.
The Center on Budget and Policy Priorities made a chart showing how Cain’s 9-9-9 tax plan would affect taxpayers.
There are essentially two important takeaways:
- Taxes for the bottom 80% of people would increase
- Taxes for the top 1% and top 0.1% would decrease exponentially more than the tax increases on the poorer.
You can see the graph below and take note of how much longer the red lines (subtle political jab?) are than the blue lines:
How's your tax bracket?
