CNNW Erin Burnett OutFront October 26, 2011
hello, everyone. im erin burnett. "outfront" tonight, a flat tax from presidential candidate, rick perry. >> it is time to pass a tax that is flat and fair and frees our employers and out people to invest and grow and prosper. >> he calls it flat. but the bottom line is it isnt really. the right word is sort of lumpy. heres why. a true flat tax would mean all americans start paying a flat tax of 20%. thats perrys rate on their income with no deductions. thats not how this works though....
Source: archive.org