Impressive? Yes, and I think he can sell it. If elected could he get it done? A great portion of it? Half of it? All of it? Who knows, but, I like what I see, and look forward to seeing the whole thing
Texas Gov. Rick Perry supports a flat tax, he said, giving a hint Wednesday of what the economic plan he will release “in six days” will look like.
“It starts with scrapping the 3 million words of the tax code, starting over with something simpler: a flat tax,” Perry said at the Western Republican Leadership Conference at the Venetian Hotel in Las Vegas.
“I want to make the tax code so simple that even Timothy Geithner can file his taxes on time,” Perry said, taking a shot at President Obama’s Treasury secretary.
The second part of his plan will be a serious commitment to spending cuts and the passage of a balance budget amendment.
“I will barnstorm this country from day one, going to all fifty states if that’s required, to generate support for a balanced budget amendment that will require — that will demand — the necessary changes be placed in our Constitution and make tough choices year after year,” he said. “We must have a balanced budget amendment to the U.S. Constitution.”
“We must reform entitlements,” Perry added, saying that he would preserve Social Security for today’s retirees and those approaching retirement.
Again, looks promising, but the details need to be examined.