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Presidency. 20% flat tax. deduction for home mortgage. get rid of the capital gains tax. get rid of the social security benefits tax and get rid of capital gains. take 20% of that, put it on a post card and send it in and we will get rid of the irs as we know it. [ applause ] >> mike: let's go to the next question for governor you perry. >> and mr. former, i guarantee you even timothy geithner can get his taxes in on time with a plan like that. >> next question, please. >> hello, governor perry. >> good morning. >> i'm diane mckinnon. >> how are you? >> excellent, thank you. >> my question is ...

Presidency. 20% flat tax. deduction for home mortgage. get rid of the capital gains tax. get rid of the social security benefits tax and get rid of capital gains. take 20% of that, put it on a post card and send it in and we will get rid of the irs as we know it. [ applause ] >> mike: let's go to the next question for governor you perry. >> and mr. former, i guarantee you even timothy geithner can get his taxes in on time with a plan like that. >> next question, please. >> hello, governor perry. >> good morning. >> i'm diane mckinnon. >> how are you? >> excellent, thank you. >> my question is ...

Presidency. 20% flat tax. deduction for home mortgage. get rid of the capital gains tax. get rid of the social security benefits tax and get rid of capital gains. take 20% of that, put it on a post card and send it in and we will get rid of the irs as we know it. [ applause ] >> mike: let's go to the next question for governor you perry. >> and mr. former, i guarantee you even timothy geithner can get his taxes in on time with a plan like that. >> next question, please. >> hello, governor perry. >> good morning. >> i'm diane mckinnon. >> how are you? >> excellent, thank you. >> my question is ...

I'm still hoping for a miracle in some way, shape or form that can get me less than seven years. >> while antonucci waits for his miracle, one thing he can count on is a letter. or more specifically a postcard from his girlfriend. >> basically in maricopa county we're not allowed to get any sort of letters. it has to be a post card. most of my family does the smallest type but my girlfriend does it the smallest. i think that's a three-point font. this is eight or nine pages. >> how do you even read that? >> with eyes. i can actually read this fine from right here. so it's -- >> read me a sente...

On the flat tax, you are offering an option. i want you to explain to that people. >> it makes sense to me that we need to have a flatter and a fairer tax system. i mean, the idea that we spend almost a half trillion dollars, filling out, buying accountants' times and lawyers' times to deal with our taxes -- that's nuts. >> sean: right. >> why not have a flat 20 parings tax rate that clearly has the deductions for home mortgages, has the deductions for charitable, has the deductions for local sales taxes and a $12,500 independent deduction for each independent in your house. you take the deduc...