Would be nice if people would bother to read.
The plan would have each person pick whether they want taxes figured under the current IRS code, or under the flat tax plan. Whichever one was cheaper for them is the one they would pick. DUH.
So all the screaming on that point is...dumber than they are accusing Perry of being, by far.
In comparison to Cain’s, Perry’s has a $12,500 personal exemption per household member.
I don’t want the Feds to get taxing power over everything I buy.
I also am against the philosophy behind and the specific implementation of empowerment zones as I understand them.
I do agree that the Feds need to be drastically cut back, so it’s crucial that these tax plans not sidetrack us off of that point.
So, all the folks that aren't in the no-brainer areas will get to calculate their taxes the old way, keeping up with receipts, making sure they don't miss any changes in the law, hiring a professional for when things get too complicated, and THEN, get to figure it the new way. Well, that sounds like a time-saver! In other words, the tax-code will be thicker because of this plan. We keep what we have, and add on.
I'd be happy if they just would read headlines! LOL!