Tuesday, October 25, 2011

Perry Counter-Punches the 9-9-9

Well, we knew he'd have something to say.

...The plan starts with giving Americans a choice between a new, flat tax rate of 20% or their current income tax rate. The new flat tax preserves mortgage interest, charitable and state and local tax exemptions for families earning less than $500,000 annually, and it increases the standard deduction to $12,500 for individuals and dependents.

...we will lower the corporate tax rate to 20%—dropping it from the second highest in the developed world to a rate on par with our global competitors.

He also has an energy plan which amounts to "drill, baby, drill"--but also for coal, and not just drill, but frac.

1 comment:

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