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presidential debate, proposing a flat tax. >> scrapping the 3 million words of the current tax code starting over with something simpler. a flat tax. >> a flat tax has one big problem. if you tax everyone at the same rate, people who make less get hit harder and pay more than the current system. the flat tax was popularized by steve forbes during his two presidential runs, but he actually exempted families of four making less than $36,000. bold ideas are something we challenge on this show for a better america. let's see whether the flat tax is bold and smart or bold and bad. jim bia...

hello, everyone. i'm erin burnett. "out front," taxes, presidential candidate rick perry on the heels of last night's approximately debate proposing a flat tax. >> scrapping the three million words of the current tax code starting over with something simpler. a flat tax. >> a flat tax has one big problem. if you tax everyone at the same rate, people who make less get hit harder and pay more than the current system. the flat tax was popularized by steve forbes during his two presidential runs and exempted families of four making less than $36,000. bold ideas are something we challenge...