Gingrich’s Tax Plan Would Give Millionaires A $600,000 Tax Cut

Gingrich’s Tax Plan Would Give Millionaires A $600,000 Tax Cut: pThe latest 2012 GOP presidential frontrunner, Newt Gingrich, has, like Texas Gov. Rick Perry (R-TX) before him, released a plan to overhaul the U.S. tax code by giving taxpayers the option of paying a single, flat, income tax rate, as opposed to using today’s progressive tax code. In fact, Gingrich goes a bit further than [...]/p