Perry Proposes a Flat Tax

[Admiral Yi]

His total income is largely investments, which are taxed at a low rate. Under Perry's plan, if I'm not mistaken, investment income would no longer be taxed at all.

Point taken.

[Scipio]

Rick Perry, the Texas fairy, is a disgrace as a man, a Texan, a governor, a Republican, a mount for the best hair on the planet, and as a homosexual.

[Valmy]

Rick Perry, the Texas fairy, is a disgrace as a man, a Texan, a governor, a Republican, a mount for the best hair on the planet, and as a homosexual.

Well I don't know about that.  He has really gotten around as a homosexual from what I have heard.

[Martinus]

I wonder how Romney is feeling.  First Republicans are trying to replace him with Bachmann, then with Perry, then with Cain.  Maybe in November Alan Keyes would be the leading candidate of the month.

No kidding. Is Romney so disliked by the base because he is a Mormon?

[Eddie Teach]

Also he's flip flopped on abortion and health care, so they don't trust him as much.

[Sheilbh]

No kidding. Is Romney so disliked by the base because he is a Mormon?

I think that's part of it, I also think that they just don't trust him.  To use Huntsman's magnificent phrase Romney's a 'perfectly lubricated weathervane'.

[grumbler]

Also he's flip flopped on abortion and health care, so they don't trust him as much.

I think this is it.  He's run a national campaign before, and so has needed to take sane positions.  Now that he's back to running in the Kiddie's Kampaign, he has to pretend to be as deranged as the rest of the kiddies.  Obviously, people don't like it when a candidate wavers between sanity and insanity, and cast about for a candidate that is reliably insane.

Bottom line is that Romney has revealed that he will say whatever it takes to get elected.  The others haven't had to be honest yet (though I am starting to suspect that Cain may be exactly what he appears to be).

[Razgovory]

The rest of the Republicans didn't like him in the last primary either.  They see him as a vicious opportunist.

[citizen k]

There was his opening salvo threatening violance against Ben Bernanke.

Indeed, Hank Paulson I can understand but not Uncle Ben.

[Razgovory]

There was his opening salvo threatening violance against Ben Bernanke.

Indeed, Hank Paulson I can understand but not Uncle Ben.

Nice Rice.

[citizen k]

There was his opening salvo threatening violance against Ben Bernanke.

Indeed, Hank Paulson I can understand but not Uncle Ben.

Nice Rice.

That's what Qadhaffi thought about Condaleeza.

[sbr]

There was his opening salvo threatening violance against Ben Bernanke.

Indeed, Hank Paulson I can understand but not Uncle Ben.

Nice Rice.

That's what Qadhaffi thought about Condaleeza.

[Martinus]

Perry's idea's idiocy aside, I do not quite get why the flat tax is so maligned, as such.

Progressive tax does not really hurt the rich, especially the idly rich, since their main source of income is usually taxed with a flat rate, but the middle class that works "with its hands". And unless there is a system like in Poland (where there is a de facto flat tax for people running their own business), it really discriminates against people running their own business when competing with corporations that are taxed a flat rate.

[Sheilbh]

I think most countries treat business income separately.

The goal of a progressive tax system isn't to hurt the rich but to offer greater protection to the poor and people on lower incomes.

[Admiral Yi]

The goal of a progressive tax system isn't to hurt the rich but to offer greater protection to the poor and people on lower incomes.

Please elaborate.