Posted on 10/21/2011 1:43:29 PM PDT by Cincinatus' Wife
"Rick Perry -- now coming out with, really embracing Steve Forbes' flat tax idea -- that's going to gain momentum. I look forward to hearing more of the details," she said. "In fact, when I heard that Rick Perry was embracing of Steve Forbes' idea, I went into my garage and dug out an old book from 1999 that Steve Forbes had written. ......Many aspects of it make so much sense - - about the freedom to choose - taxpayer how to file your taxes …..choose a simpler, fairer flat tax…..many of the aspects of it make so much sense."....
(Excerpt) Read more at foxnews.com ...
Rick Perry started as a Democrat in West Texas (essentially THE only party). He served in the Texas legislature - was known as one of the "pit bulls," conservative members who sat in the lower pit of the House Appropriations Committee and bitterly fought spending increases.
Perry changed parties in 1989, joining Phil Gramm and other conservative Texas Democrats, who now had a true ideological party with a burgeoning Texas GOP.
When Perry campaigned for Lt. Gov. [1998], he and his campaign staff were in it to win and his hard-nosed style was against the "friendly" advice and request of GWB [in re-election bid for Texas Gov] and Rove to run easy against Sharp, a popular democrat (and Aggie friend of Perry's from their A&M years together). Rove wanted to broaden Bush's base for his upcoming White House run. Perry told them where to stick their advice, because he knew the voters would vote for Bush for Gov. and then cross back over and vote for Sharp (D) for Lt. Gov, if he just walked through the motions like the Bush-Rove team asked him to do.
Perry won the seat for Lt. Gov. -- the first Republican elected to that office since Reconstruction. Now 13 years later and into his 3rd term as Texas governor, the GOP holds a super majority. So Perry has earned his conservative spurs -- fighting both parties!
[The Bushes and Rove supported Kay Bailey Hutchison's primary challenge against Gov. Perry in the 2010 election too]
Agreed.
AND, “Don’t spend all the money.” Rick Perry
ooooohhh, that’s a hard one to predict. There’s so many examples, such as Reagan, who went from one to the other and then back and forth and...oh wait.
Even Texas, that was solidly Dem through the vast majority of its political history, once it became Republican, has kept switching back and forth and...oh wait.
OMG....Palin is a Perry fangirl now??
Well, we do have one of the highest corporate tax rates in the world, including the socialist countries in Europe. To some degree, that has an effect of companies leaving the country, or trimming down their scope. That is one of the positives in Cain’s plans, reducing the corporate tax. Im not sure what Perry’s proposal does to the corporate tax, but any way to lower it would be beneficial.
The flat tax is the solution, but not Perry.
“Fair tax” is the most utterly unfair, and unworkable idea to ever have a shot at screwing the American people.
Oh, sorry, forgot the last part:
“This means Rick is still relevant!
“...doesn’t it?”
Who cares? Why does that matter? Is it good for the country’s economy? That’s what we should discuss.
Oh please. She endorsed the idea not the person.
especially if people believe he means it and it’s not just a gimmick to attract attention to a sinking candidacy. Is it? Has he made a peep about this issue before last week?
While I like the idea of the Fair Tax, it will probably make class warfare louder. The argument will be that it is regressive and hurts poor people because they use a higher percentage of income on their consumption than the rich do.
Plus, with everyone having skin in the game and having to pay something, they will just cry louder.
In addition to your salient argument:
Sales tax eliminates the IRS. Flat tax does not.
Sales tax encourages saving and investment.
Sales tax collects from all spectrum of society, including the super rich, trust fund babies, and the underground economy.
Sales tax should not apply to food. Eliminates the “hits poor the hardest” argument.
So far, despite valiant efforts here by you, Clairity, et al, with a multitude of Perry threads, I don't see Perry's stock rising.
Jerry Brown pushed the flat tax idea when he ran for president in 1992. Many things to recommend it, but it does nothing to tax the underground, off-the-books economy and illegal transactions. Herman’s 9-9-9 plan would at least put a 9% national sales tax on that, and is actually a starting point toward the full fair tax idea for later in the future.
How excited is she about the 9-9-9 ?
I believe so...in his book, “Fed Up”, or so I read on FR.
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