Bwwwaaahahahahahah: I notice in this interview that even Perry doesn’t address the fact that he’s not advocating a flat tax system, that instead he’s proposing a hybrid flat tax/Fedzilla tax code system.
Perry says: “I think you need to have a tax system that basically is flat, fair and simple.”
I guess he means he thinks we ought to have that OPTION.
And that anyone who wants to keep the old crony capitalism ballgame going, well, just have at it, because under the Perry plan the Fedzilla code remains in place indefinitely. And is STILL subject to modification by Congress (RUH ROH).
What he’s proposing is a transition plan. It’s more likely to end up favored over the current system with the cuts in special interests that are in there, and it’s coupled with spending cuts.
Let’s wait and see if it’s revised as often as the 9-9-9/9-0-9/3-3-3 with OZ plan.