Herman Cain has been getting a lot of attention lately, not least for his “9-9-9” tax plan. (Not “6-6-6”, as Bachmann has devilishly suggested.) He explains the plan on his website with short, sharp bullet points, but most of the fine print is still a mystery.
The U.S. tax code has become extremely complex over the years. At Reason.com, Jacob Sullum said that while the instructions for filling out Form 1040 took up only two pages 75 years ago, “they’re 179 pages long this year.” Cain’s plan, as it has been presented, would replace the entire existing tax code in three steps.