Don’t tell Occupy Wall Street: Cain’s 9-9-9 plan would be boon for private equity titans

Under Herman Cain’s 9-9-9 tax plan, the managers of private equity funds–one of the most lucrative financial structures on Wall Street–would pay, on average, an income tax rate of just around 6 percent. That’s less than the 9 percent rate most workers would pay, and it’s a huge dropoff from the best assessment of the

Excerpt from:
Don’t tell Occupy Wall Street: Cain’s 9-9-9 plan would be boon for private equity titans

Posted by on October 21, 2011. Filed under News, Trending News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.