Tag Archive: flat tax

Perry Annouces Flat Tax Plan

Texas Governor Rick Perry released his flat tax plan to the public on Tuesday.  In summary it is a flat income tax rate of 20%, preserving deductions for mortgage interest, charity, and state/local taxes. No federal sales tax or VAT. End taxes on Social Security benefits. End the death tax and taxes on qualified dividends …

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Steve Forbes: Flat Tax Would Unleash a Powerful Wave of Prosperity and Job Creation

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The nightmare on Main Street — the federal income tax code — is ending, which is fantastic news for our beleaguered economy. Dramatically simplifying this monstrosity would unleash a powerful wave of prosperity and job creation. Thankfully in 2012 we will get a mandate to make this happen. Presidential contender Herman Cain vaulted to the …

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