Smart. Sharp. Funny. Fearless.
Tuesday, September 27, 2016

Republican presidential candidate Texas Governor Rick Perry released a 20 percent flat tax plan — he called it “Cut, Balance, And Grow” — on Tuesday that if enacted would provide massive windfalls for the wealthiest Americans, privatize and shrink entitlement programs, all while gutting federal revenues and thus paving the way for more cuts to social programs.

Speaking to conservative primary voters in Gray Court, S.C., Perry cast his as a bold and unconventional approach that would shake up the status quo and grow the economy. And to be sure, the proposal, which includes raising the retirement age for Social Security and big cuts to Medicare, would arrive with a bang on Capitol Hill, where a Social Security privatization scheme like the one he offers was rejected when George W. Bush offered it to a Republican Congress in 2005.

  • [email protected]

    I think 35% is too much even for the rich. I would like to see the rich who only pay 15% on dividends and capital gains pay more.

    We need to stop all loop holes, also.

  • audrey90

    This is just what we need, someone to look us in the face and lie Nobody is going to go for this lie no matter what color the face the lie is coming out of. People have so much at stake, they cannot afford not to scrutinize every comment made. What is so insulting is,Perry actually thinks we should believe this is a good thing for us.
    Audrey

  • kdisg

    The Perry plan is more than a plan to get the rich more breaks it’s sad. He actuallt thiunks americans are stupid enough to fall for something like that again, agftyer the BUSH nightmare.

  • kdisg

    UnreaL HOW HE THINKS AMERICANS ARE STUPID ENOUGH TO FALL FOR THAT AGAIN AFTER THE BUSH NIGHTMARE AND 16 MILLION americans out of work because of it.

  • Curtis

    Rick who? Lol

  • edwar ridenour

    Actually trickle down economics was tried by Hover in 1930 and we all know how well it worked then.

  • merman

    Perry’s Socialist Economic Plan increases corporate welfare. Many of these companies who are/will reap increasing tax $ giveaweays and tax credits are foreign companies who have taken over the US, and will no doubt continue to take manufacturing jobs out of the country, and take profits and investments into overseas countries as his trickle down economic plan turns into a slow drip as the economy collapses under his plan. Not only has Perry obviously flunked science as he continues to deny climate change while Texas dries up, blows away and burns, this plan has no balance point. All balancing will come upon the backs of the working poor, and what is left of the middle class if this plan sees the light of day. This would be utter economic suicide, which makes perfect sense to Perry who truly beleives in a twisted biblical version of the rapture/armaggedon whereby anyone different from him (as in not rich, not white, not of his beliefs) is exterminated from the face of the earth. Luckily, there are just enough Americans who are awake enough to see the reality of his plan, and who understand the grim reality of a USA under his dictatorship and will not vote him into power.

  • navnitmn

    Perry’s Socialist Economic Plan increases corporate welfare. Many of these companies who are/will reap increasing tax $ giveaweays and tax credits are foreign companies who have taken over the US, and will no doubt continue to take manufacturing jobs out of the country, and take profits and investments into overseas countries as his trickle down economic plan turns into a slow drip as the economy collapses under his plan. Not only has Perry obviously flunked science as he continues to deny climate change while Texas dries up, blows away and burns, this plan has no balance point. All balancing will come upon the backs of the working poor, and what is left of the middle class if this plan sees the light of day. This would be utter economic suicide, which makes perfect sense to Perry who truly beleives in a twisted biblical version of the rapture/armaggedon whereby anyone different from him (as in not rich, not white, not of his beliefs) is exterminated from the face of the earth. Luckily, there are just enough Americans who are awake enough to see the reality of his plan, and who understand the grim reality of a USA under his dictatorship and will not vote him into power.

    I totally agree with this statement.

    He / GOP will/ can ruin this country with their PRO RICH POLICIES.

    Poor will commit suicides.

    nick

  • DoDahMan13

    The one thing the Republican candidates have going for them is the stupidity of the American voter. President Obama was elected because citizens that usually do not vote,did vote that one time.

  • Indy 60

    According to the Republicans:
    Pres. Obama’s plan to tax those who benefit from government (in fact practically own government) the most more = Class warfare
    Republicans (Perry/Cain/Romney, etc.) plan to tax those who benefit the least the most = Fiscal responsibility
    The Republicans declared war a long time ago against the poor and middle classes but want to cry “foul” when Pres. Obama tries to rectify the situation.

  • jotronics

    Dear Gov.Perry; Texans may love you, The religious right may adore you, but You cannot get elected to the White House. Your plan is as shallow as “Shallow Al,” It’s the same old,same old, GOP TRASH, that we struggling citizens have been hearing since the days I remember of the Nixon era.

    A True Flat Tax which may be impossible begins with balancing the hard earned income of the so called middle class and raising the “Earning value and Earning Capacity of the current Lower to Middle and the Lower Middle Class.” You plan shoves a few fingers in the eyes of senior citizens and most hard working Americans.

    I don’t mind lowering the tax rate on the wealthy to 15% to 20%, if you eliminate all level of taxes on the first 72K earned per taxpayer, I believe the consumer should have more dollars in his/her pocket than all levels of government.

    I believe “LESS TAXES is MORE TAXES” for all governmental levels. We need to cut federal employment,State Employment and local employment where tax dollars are wasted by 50% 0ver the next five years, that will reduce the deficit substantially.

    Entitlement programs need to be effeciently managed and obviously there are many dikes in the Dams, that need to be plugged.

    Gov.Perry: How did you become Governor?

    Joe
    [email protected]

  • Godsmack379

    look we all know already that most poloticians are indeed liars, and are hell bent endorsed by the rich who already oppress the hell out of the once poor, and now that it has jumped up to the middle people are pissed off. what happen when the poor needed help and the middle just looked away , they had there jobs there money they thoght to keep them safe, well welcome to a whole new america and world, you all better wake up, this is just the begaining of more ways for the rich to hold us back, and poor. perrys new ideas, are not new, and everyone knows, that these devils will do what ever they half to to keep us all poor and homeless. obama has not all the ideas, but he has been forced to do the best he could with the trash that all the gangsters of government have left him. hell no perry or any other polotician that endorses any plans to take away anykind of benifits for the old, the poor or the middle, no new taxes,no more games. we are the people say no to all who oppose hidden agenda plans to make up for their nasty 50 years of raping the tax system and the poor , and now the middle. hell no, you bunch of thugs can go to hell.may God even find one leader who is good for we the people in these end times.that will even be like finding a needle in a hay stack.

  • StephenBarlow

    So tax them that way. FLAT 7% revenue tax, across the board. Every person, breathing or not. 7% of total gross income. EXXons share, $24,307,780,000. Me @ $56K, $3920. ADD a 5% national sales tax on all purchases, except EDUCATION, medical care, primary residence, food, fuel, and investments (retirement should be tax deferred). EXXOn’s share, $15,70,000,000. Me, $2250.

    NO DEDUCTIONS, NO EXEMPTIONS, NO EXCEPTIONS. Corporate revenue is 65% of GDP (used to be consumer spending, but I am talking end game.. where the $ ends up) thus corporations equal rights demands corporations have equal responsibilities. Corporations that move jobs offshore pay TARIFFS… 15% gross on all imports, from any where. No special deals, no special circumstances. You want American customers, you pay US all for the privilege of selling here.

    Income includes everything… wages, commissions, bonuses, stock options @ todays price, gifts, dividends, capitol gains (except for the onetime primary residence sale gains) ETC. Also, people should have the right to amortize purchases, claim losses through depreciation of assets and capital asset maintenance and improvements, just like our personhood equals, the corporations. New windows in your home = no income taxes. Creates jobs, improves energy efficiency…. all that profitable green stuff.

    Oh, and unlimit the Social Security tax ceiling. We all pay our fair share right? I mean that is what Republicans say they want, what Democrats say they insist on. Let’s give it to them! let’s have the tax plan voted into law as a referendum, not trusted to the gangsters in the Capitol or White house.
    lower and middle class taxes

  • StephenBarlow

    Oh, and if you do the math, you find out that we take in enough (with My across the board plan) to kill the deficit in a decade or less), create a perpetual surplus for infrastructure maintenance and improvement, and we can adjust the taxes rates annually to reflect our needs. Imagine paying 5% income and 2% sales tax once our IRS and Social Security house is in order. Me @ 56K $3800, EXXon… well screw them for the next century, just like they have done US. LMAO

    Did I mention that this plan also only means tax increases above about $180K?

  • dadsspook58

    That and drill, drill, drill without any forethought about the consequences. Just thinking about keeping the oil company profits flowing to the high priced CEO’s and CFO’s.