Perry Gets Ready to Roll Out Flat Tax Plan
GOP presidential contender Rick Perry plans to roll out his flat tax plan next week in South Carolina, The Christian Science Monitor
Like fellow candidate Herman Cain, Perry wants to do away completely with the current tax system, but it is likely the similarities will end there.
"It starts with . . . scrapping the three million words of the current tax code, starting over with something simple: a flat tax," the Texas governor told GOP activists at the Western Republican Leadership Conference in Las Vegas Wednesday.
During Tuesday’s debate, Perry said to Cain that voters are not interested is Cain’s 9-9-9 tax plan, but they want a tax code that is “flatter and fairer.”
Perry said, "I’ll bump plans with you, brother – and we’ll see who has the best idea about how you get this country working again.”
Steve Forbes, who ran for president in 1996 and 2000 on the promise of implementing a flat tax, recently joined Perry’s team as an adviser. It's expected that Perry’s flat tax plan will be a substantial part of his plan to create jobs and revive the economy.
Perry also used his flat tax teaser to take a poke at Treasury Secretary Timothy Geithner, who admitted during his 2009 confirmation hearings that he had been late in filing his income tax returns.
“I want to make the tax code so simple that even Timothy Geithner can file his taxes on time,” Perry said.