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Perry Commits to Flat Tax, Reforming Entitlements
The Weekly Standard ^ | October 19, 2011 | Daniel Halper

Posted on 10/19/2011 11:05:30 AM PDT by Cincinatus' Wife

Las Vegas - In a brief speech this morning at the Western Republican Conference, Texas governor Rick Perry announced that in six days he would reveal an “economic pro-growth package that will create growth” and encourage investment in America. The plan will involve major tax reform, entitlement reform, a balanced budget amendment to the Constitution, an abolishment of earmarks, and a recommitment to energy exploration in the United States.

“Our long term growth requires a fundamental tax reform,” Perry said. Therefore, his plan “starts with scrapping the three million words of the current tax code—starting over with something simple: a flat tax.”

“I want to make the tax code so simple that even Timothy Geithner can file his taxes on time,” the Texas governor said, taking a jab at the treasury secretary who had major errors in his tax returns that were revealed after he was nominated by President Barack Obama for his present job.

“The second part of my plan involves the serious commitment to spending, realizing alternatives” to the path taken by Europe, Perry said. In this vein, the Texas governor went on to affirm his commitment to “reforming entitlements, preserving those commitments to those who are on Social Security … and those approaching the age of retirement.”

Perry did not give further details on what the new flat tax rate would be (or how it might work) or on how he would reform entitlements.

On the balanced budget amendment, Perry committed to campaigning in all fifty states, if necessary, in order to get the provision added to the Constitution.

And he promised to end earmarks: “My plan is to end earmarks for good.”

In revealing tidbits of his economic plan, Perry played up his anti-establishment credentials.


TOPICS: Extended News; Government; Politics/Elections
KEYWORDS: budget; economy; entitlements; perry2012
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To: nagdt

The difference between the price paid by a non-Texan US citizen and an illegal alien is certainly free.


51 posted on 10/19/2011 11:53:31 AM PDT by Ingtar
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To: magritte

It is excellent conservative stuff.

When Perry starts campaigning in primary states, making his own speeches and explaining his own plans, he will do well.

The debates are not his comfort zone, although I think he did as well as anybody last night.


52 posted on 10/19/2011 11:53:55 AM PDT by altura (Perry 2012)
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To: nagdt

The difference between the price paid by a non-Texan US citizen and an illegal alien is certainly free.


53 posted on 10/19/2011 11:53:59 AM PDT by Ingtar
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To: CharlesWayneCT

Yeah, the more these squabblefests among rinos are aired, the better Newt looks. Frankly, the Republic is more important to me than the supposed baggage Newt is stamped with.


54 posted on 10/19/2011 11:56:31 AM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: CharlesWayneCT

Yes, it would be but they seem determined to do it.


55 posted on 10/19/2011 11:57:17 AM PDT by altura (Perry 2012)
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To: isthisnickcool

I’m pleasantly surprised and happy to read your post.

Haven’t a clue who he’d choose for VP but there are several good people. I’m sure it will be given a lot of thought.

I’d heard Sarah Palin was praising Newt Gingrich last night. Maybe both Newt and Sarah will back Perry.

Thanks.


56 posted on 10/19/2011 11:59:01 AM PDT by Cincinatus' Wife
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To: justsaynomore

Um, no, I won’t be using, at all. I am committed to understanding the differences, but you’re gonna have to do your own homework to see the differences.


57 posted on 10/19/2011 11:59:04 AM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: not2worry
This will not work. This legislation passes the TX legislature by a vote of around 170-4. It passed overwhelmingly. It is extremely popular in TX by Republicans and Democrats alike.

It would be stupid for Perry to call a special session of the legislature under this circumstance.

Not only that, this same legislation is becoming more and more popular all around the country. Even conservative states have passed it.

58 posted on 10/19/2011 11:59:21 AM PDT by Conservativegreatgrandma
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To: justsaynomore
Good to hear that Perry is taking lessons from Cain!

You mean how Perry is taking the fight to liberal Romney? Just like Cain does? And just like Santorum does?

Oh hang on a second. Scratch Cain from the list. He doesn't go after Romney. He supported Romney in 2008 and would run as his VP. But not for Perry. Yeah nevermind on that.

59 posted on 10/19/2011 11:59:32 AM PDT by mikhailovich
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To: alicewonders

As Cain is now pulling in about $1 million a week, don’t count him out. Newt seems to be in the most financial trouble at the moment. Regarding cash on hand, Romney may have to write himself another check. Most of Perry’s came right after he announced. Since the people have seen him, the contributions appear to be dwindling.


60 posted on 10/19/2011 12:00:50 PM PDT by Ingtar
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To: alicewonders

I wish I could stay away a month and see what happens.

I think you are right.

Perry is the conservative who has the money and the organization.

Romney is the moderate/liberal who has money and organization.

Cain has a lot of bandwagon fans who’ve become oddly obsessed with him but no money and no organization and he seems strangely uninterested in creating an organization although I understand he’s launched an e-mail plea for money.


61 posted on 10/19/2011 12:01:31 PM PDT by altura (Perry 2012)
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To: Conservativegreatgrandma

Explaining this to ‘them’ has proven fruitless. they are so obsessed with this that they do not listen.


62 posted on 10/19/2011 12:03:26 PM PDT by altura (Perry 2012)
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To: MHGinTN
Um, 9-9-9 and the flat tax are not the same animals.

Correct, completely different.

The 9-9-9 plan moves part of the tax burden onto the sale of goods by foreign businesses and would dramatically re-orient the incentives in our economy back in favor of capital-intensive domestic manufacturing jobs and in favor of saving and investment.

The flat tax retains the structure of our failed tax code but moves to a single rate (or two or three rates) and eliminates deductions and credits. (However, don't be surprised if Perry's plan even retains things like the home mortgage deduction.)

The 9-9-9 plan would do something real to fix the deep structural problems in the US economy.

Retaining the current code and merely eliminating the tax tables in favor of a flat rate and eliminating some deductions, by comparison is merely rearranging deck chairs on the Titanic.

63 posted on 10/19/2011 12:03:28 PM PDT by Meet the New Boss
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To: altura

There is a month before the next debate, so you might be able to “stay away” in some respects for that long.


64 posted on 10/19/2011 12:04:08 PM PDT by Ingtar
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To: CharlesWayneCT

Since you’re talking about his plan - this is nothing other than curiosity - I noticed that twice last night Herman Cain said “My” and then quickly said “Our” Plan. What’s up with that?


65 posted on 10/19/2011 12:04:22 PM PDT by Cincinatus' Wife
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To: altura

I have trouble allowing someone getting by with lies. That is the way Democrats work. Repeat a lie often enough and it becomes accepted as the truth.


66 posted on 10/19/2011 12:05:06 PM PDT by Conservativegreatgrandma
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To: Meet the New Boss

Are you familiar with the arguments put forth by Neil Boortz?


67 posted on 10/19/2011 12:07:24 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: SMARTY

The GOP sucks! They can stick their little snide comments and attacks where the sun doesn’t shine.


68 posted on 10/19/2011 12:08:09 PM PDT by NoGrayZone ("Get ready for an aberration of historic proportions" - Herman Cain)
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To: MHGinTN

Yes, but I don’t think it would be possible for the US to move to the fair tax without an interim step such as 9-9-9.

Once people see manufacturing businesses again being viable in the US and the reversal of our massive trade deficit which has been bleeding away hundreds of billions a year of our national wealth, then they may be ready to move fully toward the fair tax.


69 posted on 10/19/2011 12:16:27 PM PDT by Meet the New Boss
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To: Meet the New Boss

I keep reading snippets about Herman’s 9-9-9 plan but so far I haven’t seen a thread at FR discussing the vagaries and details.


70 posted on 10/19/2011 12:19:58 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: Cincinatus' Wife
A flat income tax is more sensible than 9-9-9.
71 posted on 10/19/2011 12:24:38 PM PDT by Tribune7 (If you demand perfection you will wind up with leftist Democrats)
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To: Meet the New Boss
the 999 plan is phase one with phase 2 being the Fair tax 999 was designed to change the crap we have now with a plan that both fair taxers and flat taxers could compromise on..

Flat tax does not eliminate IRS or millions of nonproductive related jobs (neither does 999 in its first phase) Fair tax does.

Flat tax (don't know about Perry's plan yet) has a threshold -exemption which means some people will still pay nothing.
Fair tax also has similar rebate. 999 doesn't as far as I can see.

Flat tax does not collect taxes from the underground economy illegal aliens crooks etc. Fair Tax does. 999 catches a part of these current non-payers with the sales tax portion.

I like any of the above over the current crap with one caveat 999 hits labor intensive businesses too hard as it is.
I prefer the fair tax as being the best in making more people pay some tax and eliminating IRS and its corresponding private sector jobs.

ITS Fantastic that the debates are shifting to how we collect money and making it more visible to taxpayers.

baloney like this below is not only offensive it is unconscionable: Illegal Aliens Get Billions in Tax Credits from IRS. We should take this money and deduct it from Congress's salary and expenses for being incompetent and wasting our tax doollars.

http://www.freerepublic.com/focus/f-news/2773785/posts

72 posted on 10/19/2011 12:25:41 PM PDT by rolling_stone
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To: Cincinatus' Wife
After watching the debates for several weeks it's painfully obvious that Perry couldn't explain basic addition and subtraction to an eight year old. Yet he is going to try and explain in speeches and debates the fair tax. This male bimbo will die from suffocation as he gets his own tongue wrapped around himself. Hope the teleprompters work for the Republican version of Obama.
73 posted on 10/19/2011 12:25:41 PM PDT by Abbeville Conservative (Sarah Palin, the only cure for the RINO virus.)
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To: alicewonders

Perrys, tax plan, oh, sounds good, where is the link. You can probably get an Oliver typewriter off of ebay, so you can do the normal, bogus long time position stuff.


74 posted on 10/19/2011 12:27:32 PM PDT by org.whodat (Just another heartless American, hated by Perry and his fellow demorats.)
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To: Abbeville Conservative

Who do you like as the best explain-er?


75 posted on 10/19/2011 12:28:06 PM PDT by Cincinatus' Wife
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To: Cincinatus' Wife

I noticed that twice last night Herman Cain said “My” and then quickly said “Our” Plan. What’s up with that?

He didnt want to sound like Obama- IIIIIIIIIIIIIIIIMYMYMYMYMYMYMYMY


76 posted on 10/19/2011 12:28:29 PM PDT by rolling_stone
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To: Abbeville Conservative

oops! Hope you have asbestos suit handy ...


77 posted on 10/19/2011 12:28:57 PM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: Cincinatus' Wife

Cain or Newt. The rest will get crushed by Obama.


78 posted on 10/19/2011 12:29:39 PM PDT by Abbeville Conservative (Sarah Palin, the only cure for the RINO virus.)
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To: Cincinatus' Wife
...his plan “starts with scrapping the three million words of the current tax code—starting over with something simple: a flat tax.”

Welcome to conservatism, Governor Perry. It's nice to finally have you on board.

79 posted on 10/19/2011 12:31:36 PM PDT by Pan_Yan
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To: MHGinTN
Don't care. I was going to support Perry until I examined his record and saw his inability to communicate a single thought. When he speaks at campaign events the Jimmy Swaggert slime factor oozes from him. He is DOA to me.
80 posted on 10/19/2011 12:32:13 PM PDT by Abbeville Conservative (Sarah Palin, the only cure for the RINO virus.)
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To: Patton@Bastogne
You have a complete misunderstanding of what is happening in Texas. We have no income tax so our school are supported by sales and property taxes which illegals have no choice but to pay. There is a fundamental misconception that was put out there by Bachmann, Mittens, and Santorum that student outside of Texas are put at a disadvantage by the tuition discount. They are, but it is not because of the law, it is because they are not Texans, just like Texans are at a disadvantage in the other 49 states..I mean 56 states (I always forget the new 7 we have).

Also, keep in mind that in order to get into a State College in Texas as a Freshman you have to be in the top 10% of your graduating class. The likelihood that anyone in a village in Mexico is planning to come to Texas to get a discount at UT is laughable. They are coming here to get jobs and because Narco-Terrorist are killing them by the thousands. Until we fix Mexico and the border they are going to keep coming. That is not Rick Perry's job. He wants the job, but it isn't his yet. The fact is that the US Government has not given a damn about the US-Mexican border since Patton was here trying to kill Pancho Villa.

81 posted on 10/19/2011 12:39:43 PM PDT by txroadkill (Antlers up! The Claw must be feared! Back2Back American League Champions!)
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To: Abbeville Conservative

“Cain or Newt”

yep


82 posted on 10/19/2011 12:40:28 PM PDT by Lib-Lickers 2
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To: RitaOK

Are there details in a flat tax?


Do you preserve charitable deductions?
Is there a threshold of untaxed income?
If so, what is it?
What is the rate?
Does it apply to capital gains?
Is there still a payroll tax?
Is there still a corporate tax?
A death Tax?
Excise taxes?


83 posted on 10/19/2011 12:44:47 PM PDT by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: Cincinatus' Wife

Thanks...just changing them up a bit.


84 posted on 10/19/2011 12:47:03 PM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: Cincinatus' Wife

Perry will still have one of the same problems as Cain.
How to get the plan into law.

I hope Perry isn’t going to call on the “super committee” like Cain proposes in 999.


85 posted on 10/19/2011 12:48:02 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: Lib-Lickers 2

Watching Romney and Perry fight last night reminded me of the time I went to buy a used car and two salesman approached me at the same time on the lot. The idiots started aruging about who got their first. I refused to buy from either of them.


86 posted on 10/19/2011 12:48:14 PM PDT by Abbeville Conservative (Sarah Palin, the only cure for the RINO virus.)
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To: Abbeville Conservative

You really think Obama is a wordsmith?


87 posted on 10/19/2011 12:50:22 PM PDT by Cincinatus' Wife
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To: CharlesWayneCT

Have you ever in your life tried to express your thoughts in one sentence, I really doubt it. They could not use Neal’s plan, so they pulled together a similar plan to it. All of which is unimportant, the important part is Mr Cain was willing to be the man and put forth real change. Now we have the me too stuff, from the little boy, coming forward.


88 posted on 10/19/2011 12:51:00 PM PDT by org.whodat (Just another heartless American, hated by Perry and his fellow demorats.)
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To: Conservativegreatgrandma

My point was that Taxpayers are contributing money to allow illegals to attend college in Texas. That this is a huge Entitlement Program for people that are.not US citizens and have broken our laws!

I am heartless I guess and so are a lot of Aggie Alumni

www.aggieconservatives.org


89 posted on 10/19/2011 12:57:10 PM PDT by not2worry
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To: Conservativegreatgrandma

My point was that Taxpayers are contributing money to allow illegals to attend college in Texas. That this is a huge Entitlement Program for people that are.not US citizens and have broken our laws!

I am heartless I guess and so are a lot of Aggie Alumni

www.aggieconservatives.org


90 posted on 10/19/2011 12:57:25 PM PDT by not2worry
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To: not2worry

Do you live in Texas?


91 posted on 10/19/2011 12:59:05 PM PDT by Cincinatus' Wife
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To: not2worry

I see Ron Paul has a couple of supporters at Texas A&M.


92 posted on 10/19/2011 1:01:23 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: not2worry

I don’t like it either but my point is that there is no point expecting this to be reversed as it is far too popular.


93 posted on 10/19/2011 1:01:48 PM PDT by Conservativegreatgrandma
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To: Cincinatus' Wife

No but that doesn’t mean the governor of Texas isn’t an airhead. He is about as smart as box of rocks.


94 posted on 10/19/2011 1:02:02 PM PDT by Abbeville Conservative (Sarah Palin, the only cure for the RINO virus.)
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To: Cincinatus' Wife

I think that was a nice gesture, to acknowledge that he didn’t write the plan.

Or, if you believe the other poster, maybe Neal Boortz has been complaining about him calling it the “Cain” plan. :-)


95 posted on 10/19/2011 1:03:03 PM PDT by CharlesWayneCT
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To: Pan_Yan

I take it that you have not heard of Perry’s book “Fed Up”, which he published in 2010. In that book, he talks about the flat tax, along with a lot of other conservative ideas.

Perry has been a conservative for quite some time now. Sarah Palin, you may have heard of her, called him a true conservative leader who was a good choice for texas to be the example of how to save our country.


96 posted on 10/19/2011 1:06:06 PM PDT by CharlesWayneCT
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To: pallis
I see this differently. Cain is there to gain Conservative support but never to defeat Romney. The 9-9-9 was rushed, flawed and not ready for scrutiny. I think Cain is a smart guy but also a salesman.

Maybe I read to much into it but I think it was planed to fail. Did you see how Mitt swatted Cain away and Cain had nothing. The only problem is Perry got there first.

Perry is playing his own game and it's delivery is right out of the Trump playbook. When Paul Ryan came out with his plan the Dems ate him up. Trump's complaint about the plan was you never give 'em everything at once.

Springtime is when the nomination is won, not the fall.

97 posted on 10/19/2011 1:07:56 PM PDT by normy (Don't take it personally, just take it seriously.)
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To: org.whodat

Cain is just a TALKER. He has no record of governing to judge him with, he has not enacted a single policy to judge him with, he has not voted on a single issue to judge him. His record is one of RHETORIC and TALK and guess what TALK is cheap, very cheap.


98 posted on 10/19/2011 1:09:34 PM PDT by jgge
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To: CharlesWayneCT

Thanks. Sounds right.


99 posted on 10/19/2011 1:11:15 PM PDT by Cincinatus' Wife
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To: justsaynomore

Not so. The flat tax and the fair tax are two different things. The flat tax in my opinion is better and Perry is about simplifying the tax code. 9-9-9 did not do that.


100 posted on 10/19/2011 1:12:03 PM PDT by normy (Don't take it personally, just take it seriously.)
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