The Tax Policy Center has just published an analysis of Herman Cain's 9-9-9 plan. This is the first such analysis that actually juxtaposes the plan with the income of real people. The Tax Policy Center is a joint venture of the Brookings Institution and the Urban Institute.

Among the findings of the study...

• The analysis by the Tax Policy Center concludes that more than 90% of people earning less than $37,090—the bottom 40% of earners—would see a tax increase under Mr. Cain's plan. It also estimated that those who earn $17,900 or less per year—the bottom 20%—would pay $1,854 more per year on average in U.S. sales taxes and income tax levies that many now are exempt from paying.

• About half of households in the top 20% of earners, with incomes greater than $111,000, would get an average tax cut of $14,400.

• The top 20% of earners would pay 51% of the federal tax burden under the Cain plan, a reduction of almost 17 percentage points. The bottom 20% would pay 3.4% of the federal tax burden, up from less than 1% now.

As much as many would like to see a new President in the White House in January, 2013, including me, there is no way it will be Herman Cain if he tries to campaign on this platform. Watch how far the GOP members of Congress who are running for re-election stay away from Cain if he continues to press forward with this plan.