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Posted on 10/25/2011 1:05:59 PM PDT by Kaslin
No, it was from the get-go.
Good to see Rush, a true conservative, giving an honest look at a true conservative tax plan.
I like the results even better.
Last year, I paid in over $16,000 in federal income taxes. Under this flat tax formula on your simple form, I would pay about $10,400.
Hardships? Perry had no money. He still has very little compared to his peers in the political classes. He soldiered through the Aggie Corps of Cadets successfully. Actually excelled at it. Ask any Aggie who went through the Aggie Corps in the Vietnam era. About 50% of the freshmen quit, drop out, or flunk out. He excelled because he was selected to be a leader in the Corps. That’s what a Yell Leader is, a student leader. After A&M, Perry successfully graduated from a post-Vietnam pilot training class (52 weeks of grueling academia and head games), where 30-50% of the entrants don’t make it. Ever see “Officer and a Gentleman”? He worked for a living on his family cotton farm. That’s work, not playtime. He sacrificed years as a $600/mo state legislator. No, I’d say Perry earned everything he has right now.
bully,
I’ll just post this here and hope you get it.
John Hayward of Human Events has not used the words “I really really like it”, but his article speaks of the overall result of its benefits, not just one part and not just the flat tax reform, but the entire package of economic reform and economic growth, and he says this is something that the status quo Washington D.C. may not want to hear!
See that article here:
Rick Perry Introduces “Cut, Balance, and Grow”
A plan the folks in Washington might not want to hear.
http://www.humanevents.com/article.php?id=47098
>> Excellent point, and any of our side is better then that arrogant pos we have now >>
So so so true - ANY of them — especially with what is likely to be the most conservative congress since 95 and maybe more so than that congress.
What we're talking about here is a return to sanity. Herman Cain's plan does it. Perry's plan at least gets us talking about it.
Seems to me that overall Rush's comments were not specifcally on the merits of Perry's plan, but on the admirable effect it was having on the Left. Also that it, as another GOP proposal, demonstrated that the GOP is ready to push for major tax reform of one kind or another. And, finally, that all of these plans are better than the Fedzilla code we have now.
How in the world is that genius?
By your own comment, the skewing continues under the Fedzilla tax code.
The Perry plan does nothing to eliminate the billions of dollars in compliance costs associated with the Fedzilla code. In fact, it exacerbates those costs by causing many taxpayers to have to figure their taxes under TWO systems before deciding which to file under.
ANd what happens if in the next tax year something occurs that requires an amended return? Does the taxpayer have to again figure that under both systems or what?
How does allowing the present Fedzilla code to remain alive do anything to address crony capitalism and other corrupt practices that steal us blind and waste our money?
How does the Perry plan do anything to build MORE not less political accountability into the tax system, so that, because more people are affected by tax hikes, it’s harder politically to raise rates?
In fact, since the Perry plan (because it’s optional) further balkanizes tax payers — let’s see, now we still have the non-taxpayer class, the Fedzilla taxpayers and the flat taxpayers -— it will be even easier for Congress to pit classes of taxpayers against each other.
They will raise the flat tax and say, if you don’t like it, you can pay the rates under the Fedzilla Code! They will raise the rates under the Fedzilla Code and say, if you don’t like it, pay the flat tax!
It’ll be the Fedzilla version of “Who’s on first?” and taxpayers will the ones never able to follow the punchline.
And that’s just for starters.
I don’t see where CFG gets that this plan “massively overhauls the tax code.”
It leaves the tax code completely in place, as far as I can see.
It simply adds on another mini-tax code (oh joy, more bureaucracy) called the flat tax option.
OTOH, of course: anything that lowers tax rates is going to have some pro-growth effect on the economy.
The thing is we need more than a revived economy. We need to preserve our freedom.
And that requires stopping the growth of the parastite class before it goes over 50% and it’s game over in terms of ever stopping the incessant demands for ever-more free stuff.
To do that, we must make more nontaxpayers into taxpayers, which is what the 999 plan — yes, especially the NRST — does.
The Perry plan doesn’t begin to do that.
Without an open and notorious tax, such as the NRST, and a flat rate that applies to everyone, except those exempted for having income at or below the poverty line and those living in OZ, should any city qualify, there is no increase in political accountability in the Perry plan.
Nothing has changed from today. Congress can pretty much raise rates at will and there is no center of gravity among taxpayers to oppose it.
To me, this is an important aspect of 999. It has vastly superior political accountability built into it compared to what we have now, or would have under the Perry plan.
In fact, it’s arguable that by balkanizing taxpayers even further (creating a third class of taxpayers - those choosing the flat tax), it would be even easier for Congress to pit classes of taxpayers against each other.
Rush isn’t backing Perry or anyone else at this point.
What we're talking about here is a return to sanity. Herman Cain's plan does it. Perry's plan at least gets us talking about it.
That's a half truth, because at least one half of what was contributed to Social Security (in MOST cases) was contributed NOT by the individual, but by the employer.
An important point that bears repeating.
Exactly.
What we need is bold, and the Perry plan is not bold.
It is weaselly.
Did you read the transcript?
Dick Armey: Flat tax would be a win for the American people
Uploaded to internet on 10/25/2011, @7:30 PM
http://www.usatoday.com/news/opinion/editorials/story/2011-10-25/Dick-Armey-flat-tax/50917466/1
Dick Armey, founder of the grassroots Tea Party affiliated organization FreedomWorks that advocates for lower taxes and smaller governments has a glowing endorsement of the flat tax proposed in Rick Perry’s plan.
Additionally, and this seems very important to take note of - Dick Armey reveals that Senator Jim DeMint and Representative Mike Pence are already in the process of crafting legislation to introduce this flat tax to Congress.
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