Cain Promotes Economic Plan

The Associated Press reports:

Republican presidential candidate Herman Cain says his tax-cutting, pro-business philosophy will power the U.S. economy and put unemployed people back to work.

Cain's message was greeted with applause by about six dozen people when he appeared at a center on innovative technology in Greenville, S.C., on Wednesday.

The former CEO of the Godfather's Pizza chain says there should be a maximum tax of 25 percent on company profits and personal income. He also repeated his calls for an end to the capital gains tax and for the nation to get its national debt under control.

Cain says his plan will produce a job for every home.