Herman Cain Slams Obama’s Plan to Pay for His Jobs Bill

(BET News) In an interview on Fox News Sunday, GOP presidential hopeful Herman Cain predicted that President Obama would call for a tax hike on the wealthy to pay for his jobs bill. Cain also said that such a plan would only make the economy worse.

“If you were to tax the millionaires more using that bad idea, it still doesn’t solve the problem of how to reduce the spending. So, that’s just class warfare flowering in my opinion and it’s not going to help,” Cain said, adding that “This president and the administration have no clue.”

Cain defended his 9-9-9 economic plan, which calls for a flat nine-percent tax rate for corporate and individual income and a national sales tax. He said that “some of the best economists in the country” helped him devise the plan based on an analysis of how much revenue would be needed to balance the federal budget. Despite prodding from host Chris Wallace, however, Cain refused to name his economic team.

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3 Responses to Herman Cain Slams Obama’s Plan to Pay for His Jobs Bill

1. mgpthoc says:

   4:42pm September 20, 2011 at 4:42 pm

   Go Cain! If we can rid the burden of the 16th Amendment I would support his plan.

   Reply
2. CPAguy says:

   1:06am September 21, 2011 at 1:06 am

   Herman Cain is a proven Conservative who is honest and has no trouble telling people the truth.

   Herman Cain is the guy that we should be getting behind for President!

   Conservatives talk a lot about how they are all upset that Washington is filled with do nothing politicians who have never accomplished anything in their lives besides going to law school and winning a few elections. However, now we have somebody who is not only qualified to be President, but is not a politician. Has not been sullied by the stink of focus grouping, polling, and pleasing donors.

   We now have a chance to elect a true Conservative, somebody who fits the mold of the founding fathers…not a politician, but a citizen soldier.

   Reply
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