No way! Perry’s plan will quickly become a 40 or 50% flat tax! And it will apply to everyone!
Worst. Plan. Ever.
Perry's plan simply makes existing tax rates flat at 20% and gives people the option of paying under the old system if they so choose. It's basically a win win. It lowers taxes for millions of people, and does not increase taxes on those for whom the 20% flat tax would result in an increase because they can default to the old system. In effect, it is really just a tax cut and simplification plan for much of the 53% of Americans who actually pay federal income tax. It sounds to me like you have absolutely zero idea what Perry is proposing.
Cain's plan creates an entirely new kind of tax - the consumption tax. I will not be supporting any tax plan that seeks to create an entirely new method and infrastructure for taxing the American people. We do not need consumption taxes. That would be a terrible idea, and the vast majority of Republicans will never agree to go along with implementing a new consumption tax.