Page 2 - Perry Plan News Today

Tax and look towards a long-term goal of a flatter, fairer, simpler tax structure, romney says and lower the corporate income tax rate from 35% to 25%. rick perrys announcement of his optional 20% flat tax comes on the heels of him endorsing it. he proposed a 17% flat tax and advising perry on putting together this plan. perry will talk more in depth about the plan in south carolina and you guys in new york know thats going to be key for him because this is the first in the south primary next ye...

Stop? >> if youve noticed any of the large stops on interstates, they pull in and dont just gas up with diesel fuel. a lot of times theyll park there for the night and sleep six or eight hours and they have to keep the engines running to either cool themselves in the summertime or heat themselves in the winter time. this would replace that with electricity so that you wouldnt be polluting the atmosphere and it was a good plan. i mean the idea is a good idea. but the problem here is the lack of v...

Balance and grow plan later on today. but will people go for it? stuart varney joins us live. stuart, it sounds like it is going to be according to what we read in "the wall street journal", a 20% flat tax. >> yes, it is. now you ask the question will people go for it? the point is they have a choice. if this plan is passed from governor perry, then people will have a choice. do you want to go with the old system? your old tax rate? or do you want to accept the new 20% flat tax rate? i think tha...

>> i think america has really, really tight regulations and really, really lax regulations, but im still sure the financial system of the world is based in new york. where are these people running to? >> to london and tokyo. if thats called offline. >> but trust me, london is a great place to do business in the finance world. >> london bank rules, are they tighter than hours? >> yes. let me move to another subject, just for the interest of time. >> i love the pope, though, his shoes. >> i actual...

im wolf blitzer. youre in "the situation room." -- captions by vitac -- www.vitac.com hes plunging in the polls and in need of a boost. will a new plan help rick perry climb back to the top of the republican race? his rival, herman cain, is leading the pack according to a brand new poll and perry is a distant fifth with cain apparently benefitting from his 9-9-9 tax plan, perry today unveiled his own new tax plan and 20 is the magic number. he proposes a flat tax of 20% for individua...

the income tax rate they pay now or 20%. it would keep the hugely mortgage interest and deductions for families earning less than half a million a year and would cut the corporate tax rate from 5% to 20 and temporarily slash it to 5.25 and eliminate taxes on stock dividends and long term capital gains. perry says he aims to unleash american ingeneral unite for a new american century. >> we will set our employers and our people free by slashing the cost of government, cutting taxes for ...

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

I think its difficult because it comes at the same time as his tax plan. >> the poll numbers that are out, herman mccain 25% and newt gingrich at 10%. 51 raul at 8% and rick perry with 6% only topping michele bachmann. he hired campaign veterans including george bushs 2000 campaign manager joe alba who is a close friend of karl rove. one article indicated he got tough people behind him now. whats behind that strategy in getting the well-known names? he didnt do it before. >> the campaign was not...