These are the benefits from Herman Cain's website: http://www.hermancain.com/999plan
•Removes all payroll taxes and unites all tax payers
•Provides the least incentive to evade taxes and the fewest opportunities to do so
•Lifts a $430 billion dead-weight burden on the economy due to compliance, enforcement, collection, etc…
•Is fair, simple, efficient, neutral, and transparent
•Ends nearly all deductions and special interest favors
•Features zero tax on capital gains and repatriated profits
•Exports leave our shores without the Business Tax or the Sales Tax embedded in their cost, making them world class competitive. Imports are subject to the same taxation as domestically produced goods, leveling the playing field.
•Lowest marginal rates on production
•Kills the Death Tax
•Allows immediate expensing of business investments
•Eliminates double taxation of dividends
•Increases capital formation which aids capital availability for small businesses
•Increased capital per worker drives productivity and wage growth
•Features a platform to launch properly structured Empowerment Zones to renew our inner cities
•The pro-growth, pro-job, pro-export economic policies of the 9-9-9 PLAN equals a strong dollar policy
