Proof? There’s just math is all.
I mean, I assume that La Raza Rick is not doing anything about my state taxes, right? So, this tax of his is ON TOP OF my state taxes.
So, SC has a 5% corporate tax rate and a 7% individual tax rate. There is a 6% sales tax.
And since Perry’s plan doesn’t eliminate the payroll tax, that’s another 15.3% on top of the whole thing.
Hence, Perry’s rockin’ plan:
25-42.3-6
It has quite a ring to it, don’t you think?
He should hire these guys to do the commercial for it:
http://www.youtube.com/watch?v=ab8GtuPdrUQ
Cain doesnt add a NATIONAL sales tax on top of states sales tax?
I have not heard Perry’s plan yet, but Mark Davis is saying that it is a 20% flat tax and that it is “optional”
25-42.3-6
Now, to be fair, you need to add SC taxes to Cain's, too. So, it would be:
Perry: 25 - 42.3 - 6
Cain: 14 - 16 - 15
Still, a no-brainer.