the commercial break, breaking news in the housing front. 2011 will go down as the worst year on record for new home sales. think about that. year to year, december, new home sales down about 6%. this after we got the report that the foreclosure market has dropped slightly. but still for every home that is sold today, whether new or not, about 20% of all home sales is in the foreclosure range. so if the numbers come down, the percentage has come down a little bit but it s rough down in the real estate market. and say goodbye to 2011. a rough, rough, year. martha: bye-bye. brand-new polls this morning that show that americans are growing more optimistic about the state of our economy according to an nbc news wall street journal poll 37% say they believe the economy is going to get better next year. 17% say no, and 44% say it will stay about the same. so how does this affect president obama s re-election
governor rick perry is proposing giving you taxpayers a choice. essentially you can pay your current income tax rate under this code or skip the accountants and software and pay a 20% flat tax rate. the bottom line, most americans choose a 20%, and at the least this would amount to a tax cut for the wealthy. candy crowley is the chief police kp correspondent, and anchor of state of the union on cnn. no one is sure what romney s proposal is, whether it s economically sound. after herman cain s success for getting attention for the 9-9-9 tax plan i can see why perry seized on the idea of a simple tax. this tax code helps us understand that. i m not clear on whether they succeed or fail on the economic plans or how sexy or simple the plan sounds or whether it has nothing to do with that and who has the best chance to beat president obama. it s somewhere in between there, ali. there are certain things to say in this republican primary that would make him or her a non-starter,
i m ali velshi. welcome to your money. rick perry is proposing give you a tax choice. currently you can pay it under the cold or pay a 20% flat tax rate. the bottom line, most americans choose a 20%, and at the least this would amount to a tax cut for the wealthy. candy crowley is the chief political course it dent and anchor of state of the union on cnn. no one is sure what romney s proposal is, whether it s economically sound. after herman cain s success for getting attention for the 9-9-9 tax plan i can see why perry seized on the idea of a simple tax. i m not clear on whether they succeed or fail on the economic plans or how sexy or simple the plan sounds or whether it has nothing to do with that and who has the best chance to beat president obama. it s somewhere in between there, ali. there are certain things to say in this republican primary that would make him or her a non-starter, and that is i m going to raise your taxes. i will make big cuts in defense spendin