Skip to comments.Perry to Propose Optional Flat Income Tax of 20%
Posted on 10/24/2011 1:45:55 PM PDT by smoothsailing
October 24, 2011
Texas Governor Rick Perry is formally unveiling his flat tax proposal Tuesday in South Carolina. His campaign hopes the plan will gain traction with people who are fed up with the current tax system.
Sources tell Fox News it will be an optional 20% flat income tax with a $12,500.00 deduction per individual, per household. Taxpayers may otherwise choose to keep paying under existing IRS code.
(Excerpt) Read more at politics.blogs.foxnews.com ...
” I just dont see making Mr. Cains proposals into a racist ....”
Cain said his Enterprise Zone plan , with rates possibly as low as 333 ,
was specifically to help
“ Black Americans “ and
“ African Americans “ living in inner cities.
He never said anything bout helping poor white Americans living in Appalachia.
Or Native Americans living in extreme poverty
on the reservations.
Jonathan Karl reported last Monday on World News
was going to use a lower tax rate for inner city blacks
as a way to get votes.
In another unconventional move for a Republican,
Cains aides tell me hes going to make a direct appeal
for African American votes,
unveiling a plan later
this week to help inner city poor.
A plan , I am told , that will include tax rates even lower
than 9 9 9.
More white Americans live in poverty in rural areas than blacks do in the inner cities.
Aid to those living in poverty should be color blind.
No I wouldn't, and that's the point. I will not support anybody who wants to tax Americans at different rates due to their zip code. Why should someone who makes less money but spends most of it on rent so he can live in a better neighborhood pay higher rates than someone who makes more and lives in a big city? Fankly, I think that's unAmerican. And why incentivise blacks to stay in 'da hood?
(1) most of these people are paying NOTHING, and are, in fact, TAKING under the EITC, and
(2) exactly NO American pays the same rate now; even those technically in the same marginal tax bracket do not pay the same effective tax rate -- because of the loopholes, deductions and so on that would be ELIMINATED under 999.
Why should someone who makes less money but spends most of it on rent so he can live in a better neighborhood pay higher rates than someone who makes more and lives in a big city? Fankly, I think that's unAmerican.
Good grief, this is EXACTLY what is happening NOW, only instead of the differential being a few percentage points, it is between ZERO income being subjected to tax and much higher tax rates.
So, yes, I agree with you that the PRESENT TAX CODE is un-American and it must be changed, for example, to something like the 999 plan.
And why incentivise blacks to stay in 'da hood?
You can't be serious.
Going from paying nothing to paying something is an incentive?
Are you not aware that it is the Democrat welfare state, including a tax code that only taxes 50% of Americans and which provides a "tax rebate" to those who don't even pay taxes, that has "incentivized" blacks to stay in the urban plantations -- as well as incentivized all the social pathologies that are associated with the urban centers?
You continue to act as though only blacks are eligible for the poverty-line exemption or to live in OZ. It is a color-blind policy. It's just too bad that Democrat policies have disproportionately affected American blacks for decades.
Our current tax system applies equally to all Americans, regardless of where they live. Taxing at different rates due to different incomes is one thing. Taxing people with the same income at different rates based on where they live is quite different. The same rules should apply to all, regardless of where they live. You can spin it any way you want, but that’s the bottom line for me anyway.
It may not technically be a different rate, but I'd be extremely surprised if people were not taxed differently under Fedzilla based on where they live.
Even so, how in the world is that so awful compared to what we have now -- where NO one pays the same rate EVER on the same income?
You are making a huge line in the sand over a few people possibly (and it's not clear at all to me that any of these locales would be willing to be OZs) OPENLY and without variation getting a little lower rate compared to a system under which NO one ever pays the same effective rate on the same income, and which, no doubt, even also taxes people differently based on where they live (through loopholes for this and that and surcharges for this and that).
How can you justify being outraged over the former while you are actually justify the latter?
999 will help all Americans.
I am trying to understand why there seems to be so much resentment among some about making people who had not been paying any taxes, and who in fact are taking taxes (both through welfare and the EITC), pay something, if not make the immediate leap to paying the same as everyone else.
And while there are those, seemingly you among them, who claim Cain's plan is racist for, supposedly, targeting help to black Americans (although, in fact, anyone who lives in an OZ gets that rate, not just blacks, and any locale can apply to be an OZ, not just centers of black populations), at the other end of the spectrum, we have Tea Party darling Michele Bachmann and others fiddling the Liberal violins by wailing that 999 "hurts the poor the most."
[Here at # 76.]
So according to the Stupid Party and conservatives, Herman Cain is racist if his plan has targeted help that benefits blacks and is a "heartless" if his plan doesn't provide targeted help and thus "hurts the poor the most."
Great. Good luck with ANY entitlement reform, folks.
I'm sure you understand that if American blacks ever stop voting in lockstep for the Democrat party, that is the end of that party forever?
Many have been saying for years that the GOP needed to find a way to tap into the black American vote that was essentially conservative, but which had been given to the Dems by rote decade after decade.
Now along comes a candidate who says he's actually going to attempt that -- he's going to try to peel off 30% of the black vote and thus break up the biggest voting bloc in the Dem base in history -- and what happens?
People such as yourself seem to be hollering that this is racist or otherwise wrong somehow.
As I posted to you previously, Cain can't even get through a GOP debate without some blabbermouth CONSERVATIVE critizing his plan to make everyone pay something as "it hurts the poor the most."
As if we'll ever get ANY entitlement reform through if our own stupid party falls into the B.S. trap that "it hurts the poor the most." Doesn't cutting back welfare, in some version of the universe, "hurt the poor the most"?
Cain's entire plan is about helping ALL of America. Please! It sounds so very whiney to be saying "but he didn't specifically mention this guy or that."
I applaude him for standing up and saying our inner cities stink and they ARE the most graphic evidence of the Democrat plantation ever. And the solution Cain is going to apply to them is everything a conservative could want, including requiring cities to abolish minimum wage laws and implement right-to-work policies in order to apply to become an OZ.
Also, while of course OZ are targeted to inner cities, which -- why can't we come out and say this without getting some whiney pushback about the guy in Appalachia or the man on the Indian Reservation (good grief, I thought I was watching "THe View" there for a moment)?? -- we all KNOW are majority black, the OZ rates are for anyone, of any race, who lives there. And the OZ designation is available to any locale, regardless of its population's majority race, that applies and meets the criteria.
” I ‘m sure you understand that if American blacks ever stop voting in lockstep for the Democrat party, that is the end of that party forever? “
Herman Cain throwing our tax dollars at the inner city
is not going to change that dynamic.
Blacks of their own free vote Democrat ,
time and time again.
It’s their choice .
Giving them a tax break is not going to make them conservative.
In fact, it might reinforce that they get special deals.
Cain is more educated and worldly than the average citizen in the inner city
and even he didn’t become a Republican
until age 50 in 1996.
And that was only because he was insulted and derided
when he had lunch with Jack Kemp
in a Harlem restaurant.
Your post is all about the past.
This election is about the future.
And, while I try always to be polite, drivel such as this tries my patience mightily:
Herman Cain throwing our tax dollars at the inner city
GOOD GRIEF. Have you never heard of the welfare state and the trillions you have already thrown at the inner city? And which you will continue to throw there UNLESS something such as 999 is implemented?
What don't you understand about the fact that presently the inner cities are doing nothing but soaking up endless taxpayer dollars and that 999 will actually make the people in those areas pay something, rather than nothing?
How in Hell's Bells is making people who were paying nothing pay something equate to "throwing tax dollars at them"?
How in Hell's Bells is taxing businesses that didn't even exist previously, so paid nothing, "throwing tax dollars at them"?
How in Hell's Bells is making people in the inner cities pay taxes through the NRST, when they were contributing nothing previously (and in fact were taking, through welfare and the EITC), "thowing tax dollars at them"?
That's just stupid. And worse.
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