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Cain Reveals 9-9-9 Math With Projection of No Revenue Loss

Republican presidential candidate Herman Cain’s 9-9-9 tax proposal would generate as much revenue for the U.S. government as the current tax system does, according to an analysis released by his campaign.

With a 9 percent tax rate for sales and gross income for individuals and businesses, the U.S. would have collected about $2.3 trillion in 2008 had the tax been in place. That’s on par with the amount the federal government collected that year, excluding excise taxes and user fees, which Cain would retain, according to his analysis.