Georgia served Cain with lien for failing to pay 2006 income taxes
There may be a reason Republican presidential candidate Herman Cain objects to the current tax code.
The state of Georgia served the multimillionaire with a tax lien in 2008 because he failed to pay his 2006 state income taxes, according to documents obtained by The Daily Beast.
Spokesman J.D. Gordon told The Beast’s Daniel Stone that Cain had mistakenly forgotten to pay his taxes because he was undergoing treatment for stage four lymphoma.
“The experience serves as an example of how broken our federal and state bureaucracies are with respect to the collection of revenue,” Gordon explained. “The entire process is driven by automated letters generated in response to deadlines.”
The state notified Cain that he was delinquent in October 2007, and then took out the lien in February 2008 after he failed to pay up.
Cain fought the state of Georgia until he finally settled the $8,558.46 debt in November 2008.
The candidate is running for president on his 9-9-9 plan. It would replace the entire current federal tax code with a 9 percent corporate income tax, a 9 percent personal income tax and a 9 percent national sales tax.
The Tax Policy Center predicted that Cain’s plan would raise taxes on 84 percent of households.
Photo: Gage Skidmore