Re: I think 999 was designed to set Cain apart.
Exactly right.
But unless you believe that the wealthy have tax shelters to greatly lower their income, the “rich” are going to enjoy a huge tax cut- from 35% to 9%.
And capital gains would not be taxed at all. I don't know what the CG tax rate is today but I know when I had a rental property years ago and sold it because it was too much for me to take care of, I lost my shirt, my underwear and my shoes to the government. I can agree to some tax on it but damn, they wanted the whole thing if you hadn't made a huge profit. My profit was very modest so I ended up in the hole.