Cain·s Economic Vision for America

Talking Points Aug 1 ² Aug 8
Phase 1 Immediately boost the economy by:
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Lowering the corporate and personal income taxes to a maximum of 25 percent. Eliminate taxes on repatriated profits. Take the capital gains tax rate to zero.
o ´The capital gains tax is the wall between people with money and people with ideas.µ ²Herman Cain

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Create a one-year payroll tax holiday for the full rate for both employees and employers. Make the rates permanent.

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Phase 2 Replace the entire tax code system and all its associated taxes with a national consumption tax, also known as the Fair Tax.