Rush Limbaurgh Says: Rick Perry's Tax Plan is Great
BEGIN TRANSCRIPT RUSH: Rick Perry announced his tax plan today, which I'll go on record as saying I, El Rushbo, think is great. It's fabulous. I like it. And the left is coming unhinged.
Posted on 10/25/2011 6:42:07 PM PDT by Outlaw Woman
Mark Levin is very impressed with Rick Perry’s new economic and tax proposal that Perry announced today.
video/audio at link
(Excerpt) Read more at therightscoop.com ...
Talk about your single issues voters!
Forget the energy plan, the Cut, Balance, and Grow plan. Forget pro-life, pro-marriage, pro-border security and pro-10th Amendment.
Focus on a single State law, passed under that same 10th Amendment, instead.
Not the most logical stand, there.
If you haven’t seen the entire economic and tax reform package, you might want to check it out.
Here is an outline of his economic and tax reform.
You can get details and FReeper discussion at the link below.
General Outline of Rick Perry’s “Cut, Balance, and Grow” Plan
Fix the Tax Code
Institute Individual Flat Income Tax Rate of 20%
Allow Individuals to Choose Between Existing Tax Code or New Flat Tax System
Preserve Deductions for Mortgage Interest, Charity, and State/Local Taxes
Eliminate Tax on Social Security Benefits
No Federal Sales Tax or Value-Added Tax
Eliminate Tax on Qualified Dividends and Long-Term Capital Gains
Eliminate the Death Tax
Eliminate Corporate Loopholes and Special-Interest Tax Breaks
Reduce Corporate Income Tax Rate to 20% to Enhance American Competitiveness
Enhance American Competitiveness by Transitioning to a Territorial Tax System
Allow Locked-Up Overseas Capital to be Brought Back to the U.S. at a Reduced Tax Rate
FIX THE FEDERAL REGULATORY SYSTEM
Immediate Moratorium on All Pending Regulations
Full Audit of Every Regulation Passed Since 2008
Federal Regulations Automatically Sunset Unless Congress Renews Them
Institute Annual Regulatory Budget for Each Agency
Create a Searchable Public Database with All Regulations Currently in Force
PRESERVE SOCIAL SECURITY FOR ALL GENERATIONS OF AMERICANS
Social Security Reform Principles
Preserve Benefits for Current and Near-Term Social Security Beneficiaries
Protect the Social Security Trust Fund
Give Younger Workers the Opportunity to Own Their Social Security Contributions
Gradually Increase the Full Retirement Age Due to Longevity Increases
Institute Blended Indexing to Improve the Solvency of Social Security
Allow State Employees to Opt Out of Social Security
REFORM MEDICARE AND MEDICAID TO IMPROVE HEALTH CARE
Reform Medicare to be Sustainable for the Long-Term
Gradually Raise the Eligibility Age for Medicare
Empower Consumers While Reducing Fraud and Waste
Return Medicaid Responsibility to States to Increase Health Care Quality and Access
REPEAL JOB-KILLING LEGISLATION
Repeal ObamaCare
Repeal Dodd-Frank
Repeal Onerous Sarbanes-Oxley Regulations on Small Businesses
BALANCE THE BUDGET
Demand a Balanced Budget Amendment that Does Not Raise Taxes
Cap Federal Spending at 18% of GDP and Balance the Budget by 2020
Reduce Non-Defense Discretionary Spending by $100 Billion in the First Year
Require Presidential Signature on Every Federal Budget
Institute Automatic Government Shutdown Protection
No More Earmarks
Require Emergency Spending to be Spent Only on Emergencies
End Baseline Budgeting and Require Common-Sense Scoring Rules
PAYGO for New Federal Programs
Freeze Federal Civilian Hiring and Salaries Until the Budget is Balanced
No More Bailouts
http://www.freerepublic.com/focus/f-news/2797643/posts
If he is such a solid guy, why did he allow the state to abuse the children of the Mormons? Actually, he abused their entire families, since he was the HHIC during the debacle, in which children were torn from their mothers, and kept away for weeks if memory serves me. It was a witch hunt, and as far as I am concerned, he is and was responsible.
Link please
If, and only if, we elect a committed conservative President and a host of conservative Congresscritters, we might see something like this enacted. Don't think that electing some career politician as POTUS is going to turn the country around.
Everybody should pay 10%....and a 5% sales tax...get the 1 trillion dollar underground economy to pay something
How about somebody pushing the True Tax? Let’s get serious, and tax the way the founders intended us to. Income taxes were not supported by them, and they are not sufficient for building or supporting our needs. The FAIR tax is another great idea, but a simple flat tax is just another way to get publicity, when they know it would only be minutely flatter than the current system. Old thinking, when we need something new.
Shhh... you'll ruin the sugar high that Perry's pushing.
And some of the Right...right here on Free Republic...
20% is outrageous! Let”s see all of his plan before we get excited.
All the things America needs is a moot point if Perry doesn’t believe in protecting America’s borders and by extension, its sovereignty.
Perry took grief over his proposal in his book that included a “flatter” tax and his strong support for repealing the 16th Amendment.
There’s no provision in the whole thing that looks at the skin color of the tax payer. Herman Cain is way too aware of skin color:
“Because you have a lot of African-Americans located in cities like Detroit — disproportionately — it would encourage businesses to stay in business there or to move there,” Cain told CNN. “It would encourage people to work there, because if you live in the empowerment zone, you’re going to pay a smaller percentage in taxes.”
He cannot change that law. He did not implement it.
He did not even urge the Legislature to do it.
Bush may have?
Perry was only Governor 4 months when this was voted on and it was a Democrat majority at that time.
Even though it passed with only 4 nays.
Perry had taken over the governorship due to Bush getting elected President.
He is not a Texas Dictator.
If people want it changed, they will have to lobby their Texas Legislature and they do not convene again for 2 years.
It’s a great plan.
Of course CNN can’t stop talking about the birther issue when Perry cut them off to say it’s a DISTRACTION.
And with Perry’s refusal to create a balanced budget, if elected, is good for us how? He has seen Obama go over 900 days without a budget and he thinks it’s pretty cool so he will try it too. Perry is off my list.
While Perry is quite concerned with peoples last name.
Perry has a strong history of keeping campaign promises. The only one I can think of was his statement that he wouldn’t run for President. That’s a much more personal decision than whether to support pro-life bills or to do everything he could to secure the border
Exactly what are your credentials?
Look at the budget deficit Texas is facing now. Brought to you by Rick Perry.
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