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Current Events » in reply to Note that his system taxes capital gains, just as normal income.

Re: Note that his system taxes capital gains, just as normal income.

It does NOT tax capital gains. That is the point of the article.

Cain’s 9–9-9 proposal has kicked off fierce controversy spurred by criticism that it will primarily benefit wealthy Americans — in part by eliminating all taxes on capitals gains from the sale of stocks and bonds.

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