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Monday
Nov282011

Herman Cain's Latest Video: '9-9-9 The Movie'

Chip Somodevilla/Getty Images(WASHINGTON) -- In an attempt to get his campaign back on track, and back to its original economic-based message, the Herman Cain campaign released a new video Monday morning called: “9-9-9 The Movie - Slaying the Tax Monster.”

In a style reminiscent of the documentary Inside Job, the video uses cartoon graphics and simple language to try to deconstruct the 9-9-9 economic plan.

“We would add two trillion dollars to GDP, and create six million jobs,” the ad says. “Business investment would increase by a third. Wages would go up 10 percent, at the same time federal revenues would go up 15 percent.”

And then there’s this defense of the implementation of a 9 percent national sales tax.

“Anyone nervous about introducing a national sales tax should realize we’re essentially paying one right now. It just isn’t visible. Once these taxes are out in the open it incentivizes savings,” according to the ad.

But this explanation does little to address the fact that if you are in a state that currently has a sales tax, you will be taxed twice.

The non-partisan political fact-check website Politifact.com wrote earlier this fall that “the national sales tax, which would help fund the federal government, would be on top of state and local sales taxes, which fund state and local government. In Florida, that would create a hypothetical tax rate of 15 percent in most parts of the state.”

Copyright 2011 ABC News Radio

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