This is the sort of thing Perry should have been doing all along. I believe a flat tax is much better than the 999 plan as it simplifies the tax code and does not introduce a new tax (vat/federal sales) that can be increased at a later time.
A flat tax is actually my second favorite approach. Ideally, I would like to see the 16th Amendment repealed and the government abolish all income taxes. Institute a national sales tax and tariffs as the government used to be funded. This would have the dual benefits of taxing all people, even those in the underground economy and strengthening American industry. Whatever you make you keep. Business would flock to the U.S. Politicians would have less control over us because they wouldn’t be able to use the Byzantine tax code to manipulate us. Life would be wonderful.
I’ll wager that if Perry gains the WH, he will resurrect the NAFTA Superhighway.
I like the sound of this. Now the discussion over tax reform will get even more attention.
Rick Perry stands head & shoulders above all other candidates. No gimmicks, no falsehoods. Just an honest American with a smart and effective plan for returning this country to its former prominence.
A flat tax is the first intelligent thing to come out of Perry in a decade.