[Cincinatus' Wife]

Repeal ObamaCare

Repeal Frank-Dodd

Repeal Onerous Sarbanes-Oxley Regulations on Small Businesses Cut, Balance and Grow

[Cincinatus' Wife]

"GRAY COURT, S.C. – Gov. Rick Perry of Texas unveiled a plan Tuesday to scrap the graduated income tax and replace it with a 20 percent flat rate while granting a major tax cut for the wealthy by throwing out rates as high as 35 percent and eliminating estate and investment taxes.

It is the centerpiece of an ambitious proposal that aims to overhaul political sacred cows like Social Security and Medicare while slashing the federal budget.

Perry, a Republican presidential candidate, said his proposal would also offer benefits to middle-class Americans by giving a $12,500 deduction for every member of a household while preserving exemptions for state and local taxes, mortgage interest and charitable contributions for anyone making less than $500,000. He said anyone could still file under the current code, and he also pledged to lower the corporate tax rate to 20 percent, from 35 percent.

"Taxes will be cut on all income groups in America," said Perry, who promised that taxes could be filed on a postcard-size form under his plan. "The net benefit will be more money in Americans' pockets, with greater investment in the private economy instead of the federal government."..............Perry outlines plan for flat tax, slashing budget

[lquist1]

I would be just fine with Perry, Cain or Gingrich as the nominee, but I do prefer the flat tax over 9/9/9. If he can sell this thing, he might be able to stage a comeback.

[edpc]

Whether it’s good or bad, the real question is: Did he clear his plan with Anita first?

[Mind-numbed Robot]

I tried to ping you to this thread and my defense of Gov. Perry but I kept spelling Cincinatus with two ens.

http://www.freerepublic.com/focus/f-news/2797383/posts

[NoMitt]

Anita Perry/Steve Forbes 2012

What a joke Rick is turning out to be.

[driftdiver]

“Repeal Onerous Sarbanes-Oxley Regulations on Small Businesses”

Sarbanes Oxley only applies to public companies. How many ‘small businesses’ are public?

[USS Alaska]

It is good to see perry with a tax reform plan. It looks much like newt's tax reform plan, but I'm glad that we now have three conservative tax reform plans.

The more that conservatives discuss tax reform policy, the better we will be in the candidate selection process.

I'm still a Cain guy, but as long as Herman is ahead of mittens, I'm happy with new ideas from perry or newt.

[SoJoCo]

His plan is a mess. Those who don't pay taxes under the current plan will use that and continue not to pay taxes. Those who would pay less under the new plan will use that and cut their tax burden. It does nothing to widen the tax base and does nothing except reduce the tax receipts. And since Perry's "solution" is to cut $100 billion in non-defense discretionary spending then he's guaranteeing deficits that will outdo anything Obama has done.

As many people have pointed out, it's not the taxes it's the spending that is causing the deficit. Cutting what people pay to the federal government is nice, but unless it is accompanied by large scale, realistic cuts in federal spending then it's merely a gimmick. And if nothing else in this campaign, Perry has shown himself great at gimmicks.

[TheRobb7]

I’m having a hard time saying “no” to this proposal.

The optional aspect of it is great, but having essentially parallel codes would of necessity increase the size of the IRS.

Hearing Mark Levin break it down puts my mind at ease a bit.

I told my wife lat week that Perry was gonna do something like this to change the game.....and he has. The only thing now is, since there’s no debate until next month, he himself is gonna have to sell it and articulate it and generate his own buzz about it.

This is why I’m glad nobody’s dropped out recently:

It is in the crucible of debate that the best ideas will come forward to defeat our common opponent.

[bert]

Mitt has now been set aside. He and the liberal Republicans are now shown to be at odds with what has become mainstream Republican, conservative thought.

There is a clear desire by many for reform of the tax code. There is a clear desire for a leader who will set about the task of developing that reform. With the two primary methods now with champions, Mitt is left out.

Both Cain or Perry can now agree to accept a plan that is near the others claiming the congress must make the decision. The important task is to eliminate the current unworkable and unfair code

[FreeperDoll]

AMENNNNNNNNNN GO PERRY GO STOP THAT MIT RHINO!@!!!!!!