That 9 News Today

Federal tax burden to only $145,000. so herman cains 9-9-9 plan would result in the family making $50,000 a year paying $5,000 more in federal taxes. the family making $1 million a year would be paying $144,000 less in federal taxes. no surprise, donald trump really likes that. >> 9-9-9, whether you like it or dont -- >> a lot of people dont. a lot of conservative economic experts say its a disaster. >> but its something. okay? its something. hes putting something out there. other people are put...

The remainder of that spending, they would pay $55,000 in federal sales taxes. the new cain federal sales tax. that would bring their total federal tax burden to only $145,000. so herman cains 9-9-9 plan would result in the family making $50,000 a year paying $5,000 more in federal taxes. the family making $1 million a year would be paying $144,000 less in federal taxes. no surprise, donald trump really likes that. >> 9-9-9, whether you like it or dont -- >> a lot of people dont. a lot of conser...

Million a year, that same shaped family making $1 million a year, is currently paying $289,000 in federal income tax after a $50,000 mortgage deduction and a $25,000 charitable deduction, which is reasonable to assume at that income level. under herman cains 9-9-9 plan, that million-dollar family would pay 9%. $90,000 in federal income tax. assuming they put $300,000 or so in the bank and spend the rest, the remainder of that spending, they would pay $55,000 in federal sales taxes. the new cain ...

floor and health care providers do not have to intervene if this bill is passed. its just appalling. >> check out this tonight from anita perry, wife of governor rick perry. some perry aides blame shaky debate performances for the need of more sleep. mrs. perry suggested his slip in the polls is because of brutal attacks from other republicans that she suggests somehow resent his faith. of those republican critics, mrs. perry said, quote, they may feel like god called them, too. but i ...