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Starting over with something simpler, a flat tax. >> a flat tax. the flat tax is the new p 09 x. it is like this year's red tie white shirt blue jacket. the most expensive failed vanity republican presidential candidacy of 1996. hi, steve forbs. it's back. and these guys think that it's money this time. cot flat tax do for rick perry what 9-9-9 has done for herman cain? joining us now for the interview is nobel prize winning economist paul krugman. thank you for your time tonight. >> hi there. >> politically everybody is poised for the inevitable rick perry campaign come back. next week he i...

cain's catchy 9-9-9 tax reform plan. >> what 9-9-9 does, is he compromises in the worst way, he gives you a sales tax and a flat tax, and opens up the door to a value added tax. i think it's very, very dangerous. >> and even the front-runner, mitt romney, now gently taking aim, warning republicans who might like mr. cain's lack of political experience to think again. >> you know we have a guy who's president we didn't know very well as a country when he got elected and wondered what would happen if we elected someone who had no experience. now we know. >> now the perry challenge, to ...

People who buy new goods. not used goods. that's a big difference that doesn't come out. >> for those 30 million americans who don't pay income tax, including 16 million elderly americans, you concede they would, in fact, pay more. >> not the elderly. that's two different groups. let's talk about the elderly. you don't pay taxes on your social security income. it replaces the capital gains tax. many of the elderly make money off of their investments, they won't pay that. tax on dividends and tax on income generated from investments, you only pay once. so in that sense, it helps the elderly. >>...

stoically, saying very little to reporters. not long ago he spoke about the man convicted of brutalizing his family. >> i'm not surprised is at all. i thought from the beginning that he was a lying sociopathic personality. and probably at this moment doesn't think he's guilty of anything. he's convinced himself of that i suspect. >> you will hear more from dr. petit and debra feyerick who was right there in the courtroom. but first, herman cain has gone from underdog to possible top dog. the latest nbc "wall street journal" poll shows cain with support from 27% of republican voters. ...

family. >> not surprised at all. i thought from the beginning that he was a lying soesh soes pathic personality and at this moment probably doesn't think he is guilty of anything. he's convinced himself of that i suspect. >> you will hear more from dr. petit and debra fair rit in the courtroom. herman cain has gone from under dog to possible top the dog. the latest nbc "wall street journal" poll shows cain with support from 27% of republican voters. mitt romney is four points behind him. ranked third is rick perry with 16% saying they would vote for him. in the last hour, cain sat do...