you'll want to see the summary of the analysis of Herman Cain's "9-9-9" tax proposal, done by the reputable Tax Policy Center. Here's the link:
http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=3222&DocTypeID=2
The bottom line: Tax rates would rise for the bottom 90% of taxpayers to 23.3%; 99% of taxpayers would pay a 20% rate or higher. The top 1% of taxpayers would pay a 17.9% rate and would see their tax rate cut by 13.5%; the cut for the top 0.1% would be 17.2%.
http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=3222&DocTypeID=2
The bottom line: Tax rates would rise for the bottom 90% of taxpayers to 23.3%; 99% of taxpayers would pay a 20% rate or higher. The top 1% of taxpayers would pay a 17.9% rate and would see their tax rate cut by 13.5%; the cut for the top 0.1% would be 17.2%.
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