l****z
发帖数: 29846 | 1 Perry would keep popular deductions for mortgage interest and charitable
gifts.
By Alex Roarty and Rebecca Kaplan
Updated: October 25, 2011 | 8:33 a.m.
October 24, 2011 | 9:30 p.m.
Republican presidential candidate Rick Perry unveiled a sweeping economic
agenda Monday, highlighted by a plan to level a voluntary 20 percent "flat
tax" on all taxpayers who will accept it in place of what they're paying now.
From National Journal:
CAMPAIGN 2012 Bachmann’s Departed N.H. Staff: National Campaign Was 'Rude,'
'Cruel'
The plan, outlined in a Wall Street Journal op-ed column a day before the
Texas governor was set to announce it in South Carolina, also calls for
capping federal spending at 18 percent of the country's GDP while allowing
younger earners to privatize their Social Security accounts -- a
controversial proposal that echoes President George W. Bush's failed 2005
attempt to overhaul the retirement program.
But the most significant feature of Perry's plan is his call for a flat tax
rate of 20 percent. Taxpayers who don't want to pay a 20 percent flat income
tax, he said, can keep their current rate.Current marginal income tax rates
range from 10 percent to 35 percent, depending on taxpayers' income.
(RELATED: Perry Launches Ads in Iowa, Hires Top Guns)
Perry offers several proposals that appear designed to sweeten the offer --
and to counter criticism that the flat tax is regressive, taking a
proportionally bigger bite from smaller incomes. His plan would preserve
popular deductions for mortgage interest and donations to charity for
households earning less than $500,000 a year. It would increase the standard
deduction to $12,500.
But Perry would eliminate other tax breaks. He argues that a streamed-down
tax code (so simple, he says taxpayers can file on a postcard), along with
spending cuts and entitlement changes, will stimulate the economy.
"By eliminating the dozens of carveouts that make the current code so
incomprehensible, we will renew incentives for entrepreneurial risk-taking
and investment that creates jobs, inspires Americans to work hard and forms
the foundation of a strong economy," Perry writes.
Although critics deride it as unfair to lower-income Americans, the "flat
tax" has long been a favorite of many fiscal conservatives. Businessman
Steve Forbes, who endorsed the governor Monday, made it the hallmark of his
presidential campaigns in 1996 and 2000, and it's a favorite idea of many
congressional Republicans.
For Perry, the tax overhaul represents an effort to return into the good
graces of many conservatives disappointed with a series of stumbling debate
performances and apostasies on immigration policy. On Monday, just 10 weeks
before the Iowa caucuses, his campaign announced the hire of six new
staffers and the start of an ad campaign in the Hawkeye State.
His economic agenda does appear to go farther than some of his rivals.
Neither Romney nor former Utah Gov. Jon Huntsman have called for a flat tax
(Romney's history with the flat tax is complicated), and Perry's call for a
20 percent corporate tax rate is higher than Atlanta businessman Herman Cain
's proposed call for a nine percent rate (although Cain also calls for a
nine percent national sales tax.)
Perry's proposed cap on federal spending, 18 percent of GDP, is two points
lower than Romney asked for in his own economic plan.
Calling his agenda "Cut, Balance and Grow" -- a clear nod to congressional
Republicans, who have proposed a "Cut, Cap and Balance" budget bill -- Perry
says his proposal is the best way to cure the nation's ailing economy.
"Cut, Balance and Grow" strikes a major blow against the "Washington-knows-
best mindset," Perry said. "It takes money from spendthrift bureaucrats and
returns it to families. It puts fewer job-killing regulations on employers
and more restrictions on politicians. It gives more freedom to Americans to
control their own destiny. And just as importantly, the Cut, Balance and
Grow plan paves the way for the job creation, balanced budgets and fiscal
responsibility we need to get America working again."
Perry will formally announce his plan Tuesday at a high-tech plastics firm
in Gray Court, S.C., outside of Greenville. Later in the day, he will travel
to the statehouse in Columbia to announce endorsements from some state
legislators. | T**********1
发帖数: 2406 | 2 At the end of the day, the race is still between Romney and Perry.
The minute Cain said who he think is a great Central Banker, his chance went
to 0.
now.
,'
【在 l****z 的大作中提到】
: Perry would keep popular deductions for mortgage interest and charitable
: gifts.
: By Alex Roarty and Rebecca Kaplan
: Updated: October 25, 2011 | 8:33 a.m.
: October 24, 2011 | 9:30 p.m.
: Republican presidential candidate Rick Perry unveiled a sweeping economic
: agenda Monday, highlighted by a plan to level a voluntary 20 percent "flat
: tax" on all taxpayers who will accept it in place of what they're paying now.
: From National Journal:
: CAMPAIGN 2012 Bachmann’s Departed N.H. Staff: National Campaign Was 'Rude,'
| c*******d
发帖数: 1283 | 3 flat taxing just means less tax for the affluent. I believe 90% should not
pay any tax at all
now.
,'
【在 l****z 的大作中提到】
: Perry would keep popular deductions for mortgage interest and charitable
: gifts.
: By Alex Roarty and Rebecca Kaplan
: Updated: October 25, 2011 | 8:33 a.m.
: October 24, 2011 | 9:30 p.m.
: Republican presidential candidate Rick Perry unveiled a sweeping economic
: agenda Monday, highlighted by a plan to level a voluntary 20 percent "flat
: tax" on all taxpayers who will accept it in place of what they're paying now.
: From National Journal:
: CAMPAIGN 2012 Bachmann’s Departed N.H. Staff: National Campaign Was 'Rude,'
| c*******d
发帖数: 1283 | 4 I think Cain's flat tax is much better than Perry's. At lease I pay less
under Cain.
but, if Cain gives a 3-3-3 flat tax, everyone will support him.
went
【在 T**********1 的大作中提到】
: At the end of the day, the race is still between Romney and Perry.
: The minute Cain said who he think is a great Central Banker, his chance went
: to 0.
:
: now.
: ,'
|
|
