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>> the surge has been through debate and tv commercials. the campaign of mitt romney, rick perry and ron paul key early states and nationally dwar the cain camp, which admits struggling to catch up organizationally, while he tried simultaneous to extend the hype speed in the poll no denying thed 9-9-9 plan has buzz. discount airlines borrowed it and urged people to buy cut-rate vacation flight now. after meeting with donald trump in new york today, michele bachmann trashed cain's 9-9-9 plan to alter the existing system and create 9% income tax and 9% national sales tax. >> you don't give congr...

>> i'm speaking. i'm speaking. >> and the lingering question of how long can herman cain stay near or at the top remains. cain last night taking hits, of course, on his 9-9-9 plan. >> the state tax is an apple. we are replacing the current tax code with oranges. it is not correct to mix apples and oranges. >> are you saying that the state salesa. also go away? >>. no that's an apple. we are replacing a bunch of oranges. >> and take a look at a new nbc news poll. cain has the lead in south carolina. republican primary and he is neck in neck with mitt romney in florida. in south carolina, cain g...

Elderly americans, you concede they would, in fact, pay more. >> not the elderly. that's two different groups. let's talk about the eldly. you don't pay taxes on your social security income. it replaces the capital gains tax. many of the elderly make money off of their investments, they won't pay that. tax on dividends and tax on income generated from investments, you only pay once. so in that sense, it helps the elderly. >> the other defect in the plan comes from fellow conservatives who say, you got some problems here. this is what "the wall street journal" said about it this past week. the ...

Carl cameron. fox news. >> bret: to talk more is economist art laffer, former advisor to president ronald reagan and joins us from new york. thank you for being here. >> it's a pleasure. >> bret: are you a supporter of 9-9-9? >> i think 9-9-9 is a wonderful plan. a lot of candidates have good plan for tax reform but i love the 9-9-9 plan and i think it's a great first step. >> bret: were you consulted in the making of 9-9-9? >> i met with most of candidates and i met with herman cain. i did talk about his tax plans, yes. >> bret: why is it a good plan? >> the first place, what you want to do o...

>> we need to talk about the jobs. >> he thought it was an attempt to unstage his flat tax. but last night on the eve of unveiling it he said sometimes it's fun to poke at the president and ask where are your grades, where is your birth certificate? >> bret: more on this with the panel. thank you. flax tax is not new, but perry's plan has extras. and wrinkles. as we did with herman cain's 9-9-9 plan, chief washington correspondent jim angle breaks it down. >> governor perry is proposing more of a flat tax and he makes the sweeping changes in taxes and spending, including the goal of balanced b...