Herman Cain and 999 Plan for Taxes Continues to Rise in Polls

As we get closer to being 12 months away from the next general election, Herman Cain, in a big surprise to many, continues to gain ground over other Republican candidates in polls. His 9-9-9 tax plan seems to be a big draw for many in tough economic times.

In a recent poll by NBC and the Wall Street Journal, Cain is now the front runner in the minds of many republicans who are likely voters. In the poll, Cain has surpassed Mitt Romney as the first choice among Republicans.

While Cain is not considered as much as a polished political candidate as some of the others, voters seem to be drawn to his substance and strong character. With the state of the struggling economy, voters appear to be more interested in someone with a proven track record when it comes to turning around failing business as Cain has done time and time again.

At the core of Cain’s campaign is his tax plan, known as the 999 plan. The plan consists of a flat 9 percent income tax, a 9 percent federal sales tax, and a 9 percent tax on business income.

One of the anticipated benefits to the 9-9-9 tax plan is that is would free up business to have more money to expand, add jobs and improve benefits. For workers it basically sets a cap on the individuals total tax at 18 percent, with 9 percent paid as a flat federal income tax and the other 9 percent is controllable based on spending as it is a tax on goods purchased.

Many like the ‘fair’ nature of the tax plan. It is still a long way until next November, but for now Cain is making steady progress to become the Republican Presidential Candidate for 2012.