Rick Perry says his flat tax plan is a major part of his broad prescription to revive the economy and create jobs – a move he hopes will also revive his campaign.
Republican presidential candidate, Texas Gov. Rick Perry, runs prior to delivering a keynote address during the Western Republican Leadership Conference, Wednesday, Oct. 19, in Las Vegas. Perry said he'll be announcing details of a flat tax plan next week.
Isaac Brekken/AP
Fresh off Tuesday night’s rollicking GOP presidential debate, Rick Perry says he’ll soon be unveiling a flat tax proposal.
"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.
Like businessman Herman Cain, whose 9-9-9 plan came under fire at Tuesday's debate, Mr. Perry wants to do away with the current tax system. Although Perry won’t reveal the details until a speech scheduled for next week in South Carolina, the similarities likely end there.
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“Herman, I love you, brother, but let me tell you something: You don’t have to have a big analysis to figure this thing out. Go to New Hampshire, where they don’t have a sales tax, and you’re fixing to give them one,” Perry told Mr. Cain during the debate. “They’re not interested in 9-9-9. What they’re interested in is flatter and fairer."