All you need to know about Herman Cain's 9-9-9 plan

Check out the chart on the jump (it's from the Center on Budget and Policy Priorities). As The Atlantic's Derek Thompson points out, this is what happens when you create a flat tax, strip out the deductions for working families, and leave investment income untouched. Certainly, the 9-9-9 plan has been discredited by most every economist with a pulse, but it's interesting to see how the talking heads - and the media in general - continue to take Cain seriously. That, in turn, is fueling the interest and keeping up his numbers.