Study: Cain's 9-9-9 Hits Low and Middle Income Hardest

A new study says Herman Cain's 9-9-9 plan would raise taxes on over 80% of the population. The tax Policy Center in Washington, says low and middle income families, earning 10 to 20-grand/year would see their taxes climb 950%. KCCI reports those earning over a million a year would see their taxes on average drop 50%. Cain would end income, payroll, capital gains, and corporate profit taxes, and put a 9% tax on income, businesses, and national sales.