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Vision for Economic Growth Thenaturalstateofoureconomyisprosperity.

Freedomensuresthat.

Wemustgetthegovernmentoffourbacks,outofourpocketsandoutofourwayinordertoreturntoprosperity

Policyuncertaintyiskillingtheeconomy

Economic Guiding Principles1.Productiondrivestheeconomy,notspending

Wecannotspendourwaytoprosperity

GovernmentspendingIStaxation

Governmentspendingisliketakingabucketofwaterfromthedeependofthepool,pouringitintheshallowend.ThentheyHOPEthatthewaterlevelwillCHANGE.

2.Risktakingdrivesgrowth

Businessformationandjobcreationaredependentonentrepreneurstakingrisks

Investorswhofundthoseentrepreneurslikewisetakerisks

3.Measurementsmustbedependable

Adollarmustalwaysbeadollarjustasanhourisalways60minutes

Soundmoneyiscrucialforprosperity

We Must Unite Not Divide Whenonepartyseekstospendsothattheotherpartymust

focusoncutting,wemustunitearoundeconomicgrowth Unitealltaxpayers,dontdividethemintoincometax

payersvs.payrolltaxpayers

Unitethosewantingtoeliminatedeductionswiththoseseekinglowerrates

Asarststep,unitetheFlat-Taxerswiththe

Fair-Taxers

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Economic Growth is the Key ThisistheworstrecoverysincetheDepression

IfthePresidentsgoalwastotieforlastplacewiththeprevious

worstrecovery,hefailedby6millionjobs Ifwehadatypicalrecovery,13millionmoreAmericanswould

beemployedtoday

Thatmeansmoretaxrevenue,lessgovernmentspendingand13millionlesspeopleopposedtoreasonablespendingcuts

TheSuperCommitteemustdeliverarobustgrowthsolution

Americacantwaitfor2012,weneedgrowthNOW.

Phase 1 - Immediate Boost AsIhaveoutlined,thefollowingrepresenttheminimumfor

feedingtheeconomicengineandarethelowhangingfruit

offeringthemostbangforthebuck

Reduceindividualandbusinessincometaxestoamaximum

25%

Eliminatetaxesonrepatriatedforeignprotsandcapitalgains

Thecapitalgainstaxisawallseparatingthosewithideasfrom

thosewithmoney Whywouldwewanttowalloffthosewithideas?Thatswhere

wegetbusinessformation,jobcreationandinnovation.

Whencompaniessellproductsoverseastheyfacedouble

taxationwhenthoseprotsarebroughthome(repatriation)to

investinAmericaandpayitsworkers

Companiesdontshipjobsoverseas,Liberalsshipcapitaloverseasandthejobsmerelyfollow.

Phase 1 - Enhanced Plan

Currentcircumstancescallforbolderaction ThePhase1EnhancedPlanincorporatesthefeaturesofPhase

OneandgetsusastepclosertoPhasetwo

IcallontheSuperCommitteetopassthePhase1EnhancedPlanalongwiththeirspendingcutpackage

ThePhase1EnhancedPlanunitesFlatTaxsupporterswithFairtaxsupporters

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Achievesthebroadestpossibletaxbasealongwiththelowestpossiblerateof9%

ItendsthePayrollTaxcompletelyapermanentholiday!

BusinessFlatTax9% Grossincomelessallinvestments,allpurchasesfromother

businessesandalldividendspaidtoshareholders

EmpowermentZoneswillofferadditionaldeductionsforpayrollemployedinthezone

IndividualFlatTax9%

Grossincomelesscharitabledeductions EmpowermentZoneswillofferadditionaldeductionsfor

thoselivingand/orworkinginthezone

NationalSalesTax9%

ThisgetstheFairTaxoffthesidelinesandintothegame.

Phase 2 The Fair Tax Amidstabackdropoftheeconomicboomcreatedby

thePhase1EnhancedPlan,Iwillbegintheprocess

ofeducatingtheAmericanpeopleonthebenetsof

continuingthenextsteptotheFairTax.

TheFairTaxwouldultimatelyreplaceindividualandcorporateincometaxes

Itwouldmakeitpossibletoendthe

IRSasweknowit.

TheFairTaxmakesourexported

goodsandservicesthemost

competitivelyinternationallythananyothertaxsystem.

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Phase 1 Enhanced Plan Summary Unitesalltaxpayerssoweallpayincometaxesandnoone

payspayrolltaxes

Providestheleastincentivetoevadetaxesandthefewest

opportunitiestodoso

Liftsa$430billiondead-weightburdenontheeconomy

duetocompliance,enforcement,collection,etc.

Isfair,neutral,transparent,andefcient

Endsnearlyalldeductionsandspecialinterestfavors

Featureszerotaxoncapitalgainsandrepatriatedprots

Lowestmarginalratesonproduction

Allowsimmediateexpensingofbusinessinvestments

Dividenddeductibilitywillhelpretirees,improve

accounting,andmoderatestock-optiondrivenexecutive

compensation

Increasescapitalformation.Capitalperworkerdrives

productivityandwagegrowth

Capitalformationwillaidcapitalavailabilityforsmall

businesses

Featuresaplatformtolaunchproperlystructured

EmpowermentZonestorevitalizeourinnercities

WeallknowtheFedhastripledthemoneysupplysince

2008.Theyhavebeenprintingmoneyoutofthinairto

nancetheObamaspendingmachine.WhiletrueFed

reformthatrestoressoundmoneymayhavetowaitformyelection,thebestthingwecandonowistopursuepolicies

thatincreasetheDEMANDfordollarstohelpmitigatethe

risksassociatedwiththeincreaseinthesupply.

Pro-growtheconomicpoliciesequalastrongdollarpolicy

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This is Herman Cain: ChiefExecutiveOfcerandPresidentofTHENewVoice,Inc.,

abusinessconsultingcompany,andHeadCoachofHITM

(HermanatorsIntelligentThinkersMovement)

FormerChairmanofGodfathersPizza,Inc.afterservingasCEOandPresidentfortenyears,1986-1996.In1988heboughtthe

companyfromThePillsburyCompany

FormerPresidentoftheTaxLeadershipCouncil,thepublic

educationalcomponentofAmericansforFairTaxation

PastChairmanoftheBoardoftheNationalRestaurantAssociation

(1994-1995),andformerfulltimeCEOandPresidentofthe

Association(1996-1999) MemberofTheNationalCommissiononEconomicGrowthand

TaxReform(1995),chairedbyformerRepublicanVice-Presidential

candidate,JackKemp

FormerMember,StrategicAirCommand(STRATCOM)Citizens

AdvisoryBoard,Omaha,Nebraska

RadioTalkShowHost,TheHermanCainShow,

NewsTalk750WSBAtlanta,Monday-Friday,7pm-10pmEST

FOXNewsBusinessCommentatorandColumnistwith

NorthStarNational.com,WorldNetDailyandDailyCaller.com

AtanationallytelevisedPresidentialTownHallMeetingonHealth

CareReform(1994),challengedPresidentBillClintonshealthcare

proposalwhenhesaid,Mr.President,withallduerespect,your

calculationsareincorrect

ServedontheBoardsofDirectorsofAGCO,Inc.,GeorgiaChamber

ofCommerce,HallmarkCardsInc.,Whirlpool,Inc.,andMorehouse

College,Atlanta,Georgia

GraduatedfromMorehouseCollegewithaB.S.inMathematicsin

1967.EarnedhisMastersDegreeinComputerSciencefromPurdue

Universityin1971.RecipientofeightHonoraryDoctorateDegrees

fromMorehouseCollege,NewYorkCityTechnicalCollege;SuffolkUniversity,Johnson&WalesUniversity,CreightonUniversity,

PurdueUniversity,TougalooCollegeandtheUniversityofNebraska

Authoroffourbooks,LeadershipIsCommonSense(1997),Speak

AsALeader(1999),CEOofSELF(October,2001),andTheyThink

YoureStupid(May,2005)

AnativeandcurrentresidentofAtlanta,Georgia.Marriedforover

40yearswithtwoadultchildrenandthreegrandchildren

Paid for by Friends of Herman Cain, Inc.

Friends of Herman Cain, Inc.P.O. Box 2158

Stockbridge, GA 30281(678) 601-2772

www.hermancain.com