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hello, everyone. i'm 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 isn't really. the right word is sort of lumpy. here's why. a true flat tax would mean all americans start paying a flat tax of 20%. that's perry's rate on their income with no deductions. that's not how this works though. you keep your current rate or pick his new 20% rate. by allowing people to remain in their cu...

employers and out people to invest and grow and prosper. >> he calls it flat. but the bottom line is it isn't really. the right word is sort of lumpy. here's why. a true flat tax would mean all americans start paying a flat tax of 20%. that's perry's rate on their income with no deductions. that's not how this works though. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different rates. there are six federal income tax rates now. perry's new plan, because we don't have a 20, will make it s...