Categories: Featured, Politics, Tax Policy
Rick Perry for President hits a hurdle with his optional flat tax
Locked in a competition with Herman Cain to see who can propose the most crazily unrealistic tax reform that panders to the delusions of the Republican base, Rick Perry delivered a speech in South Carolina Tuesday in which he outlined his plan for (kind of) scrapping the current tax code and offering taxpayers the choice of an optional 20% flat income tax.
At the CNN debate in Las Vegas, during which Perry seemed to awake from his stupor while Herman Cain took fire over apples and oranges, Perry promised a tax reform plan that could compete with the pizza mogul’s 9-9-9 plan. “I’ll bump plans with you brother,” … Read more...