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FBN's Peter Barnes with GOP Presidential candidate Herman Cain on the New York Times' article criticizing his campaign.
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And neither of us are -- I want quickly riser in the polls everybody Herman cain's 999 tax plan is.
Gaining him some popularity.
Appear barns as with McCain campaign in Alabama -- just finished.
An exclusive interview with the candidate what did he say.
Well -- as you know the latest Fox News poll puts him at that top of the hate that head of the pack in the Republican field right now.
I asked him if that meant he is the front runner take a listen.
I would say that you know.
One of -- -- because as you know.
If you within you know truthfully about points that can change next week from one holds another so I don't see myself -- the clear front run.
Because I don't have a double digit lead but I would say -- -- -- up and back.
In order to stay front runner and win the nomination you need organization you need money you -- opponents and a lot more of that and you.
How is that going to move forward for him.
We don't -- -- money has picked up dramatically.
-- organizations expanding rapidly.
And they have more money than me -- organization and that we did.
Before -- got to this point so we're just at the level continue to execute our strategy continue to work hard.
We have built an organization there rapidly and the good news is that a lot of good people out there and the fund -- has picked up substantially just within plants.
Three full weeks -- and -- tuchman.
-- -- issue just want this exclusive you know we reported at the end of the second quarter.
About two point eight million dollars and just in the first 28 days of October.
We.
We have picked up over three million pounds.
Not bad thought of that long shot.
Speaking of money in the 999.
Plan you obviously -- you.
I'm on the map and help your campaign.
Y 9991.
888 or 101010.
-- 999.
Come from.
When we did the analysis to replace Bob taxes.
The corporate income tax personally -- tax.
Capital gains tax payroll tax and the death tax.
Get off of those goals that you come up with the number.
In order to reproduce that number.
888 it's not enough content is too much.
99.
Now in -- -- analysis.
Yes we did in fact -- mathematical terms it's called is simple regression analysis.
But you also could've done it would trial and error that's how we ended up nine and but you've already made some modifications and exemptions for example for lower income families are you open to more changes open tomorrow modifications thinking -- anymore.
-- -- the respect that wasn't my application it was in the analysis from the beginning.
I just did talk about it from the beginning.
I really knew that of them of the attack people stated it was progressive multiple -- not but that was then -- -- rated -- that's -- -- modification.
It is just discussing that component that was already there as well as.
Provisions for what we call opportunity zones but those two things were there we just didn't talk about it initially we want people to understand the basic concept -- Anymore modifications.
I'm thinking of or born.
You might be open to.
Possibly but we're not going to change the basic philosophy because we believe that the basic structure.
And the basic philosophy -- -- reveres them.
Governor Perry announces 20% flat tax plan what you think of them.
It's really flat tax light.
Because is not really big pure flat tax mama this deep fortunately the president back in nineteen banks.
Secondly -- government there is.
-- didn't leave the door open.
For special exemptions and some of the favorite deductions that are gonna allow the lobbyists continue to be obvious.
And daddy is to try and get special exemptions and there.
The other thing about government there is playing -- as the as a disadvantage.
Relative to 999.
Is that he doesn't expand that base as long as you just -- on taxing income.
You gonna -- up with a number like twenty which is what he came up -- The reason we hinted -- with the number nine is because by.
Net sales tax component we expanded the tax base.
And that allowed us to both and tax rate for the nearly everybody.
If they do -- numbers.
The other big disadvantage -- in government errors plan is that the way he is destructive.
Restructured.
Embedded taxes -- -- built into all the the goods we -- Nine and it takes out -- -- taxes reach places we'll -- sales tax these.
Invisible taxes -- one billable rate of nine.
Okay.
We also talked to mr.
-- about.
Buses we talked to about buses because this is a historic day the last presidential candidate to come to Talladega.
Was former Alabama governor George Wallace a segregationist.
And mister kaine talked about that.
His childhood.
And buses Nicholas.
One of the greatest threats of America.
Is its ability to change the look where we are.
-- fifth and sixth.
In Atlanta Georgia.
-- height of the civil rights movement.
Average -- of being on the bus.
In Atlanta.
Writing as a young teenage.
Where I would see this and at the front of us that see it quite -- from front.
Can't see from -- And I -- -- sit in the back of the bonds because of the greatness of America.
And the fact that we have this ability to change that's one of the things that is made us great and today.
I don't have to sit in the back of the bus.
-- on the bucks in my.
-- -- -- -- -- That's the greatness of America.
And run of the Previn and the United States have gone.
That they did it better than they had.
And we got to sit on the bus obviously with -- with mister -- and it was quite a remarkable moment.
We have more the enemy -- going to be running later on Fox Business -- including his response to that New York Times article this week.
Questioning his ability to manage his campaign organization Carol back -- you -- Peter out what kind of get your thoughts about his campaign in kind of the shape of the campaign is that right now you've been.
You -- with all the kittens this week you've been on the road you've been talking with them -- know what is your sense right now.
Of the state of the McCain campaign.
Well this exclusive our report announcement from him that he has raised three million dollars.
And in the first 28 days of October is very significant Cheryl.
Because if -- keeps up his fundraising at that pace you're talking about maybe ten million dollars or more and not in donations.
It for this quarter and it Mitt Romney -- -- fifteen in the last quarter Perry raised seventeen.
Ten million or more could make him very very competitive in this race going forward.
-- Peter Barnes live on the campaign -- exclusive interview for Fox Business.
With Herman Cain Peter Barnes thank you very.
