Perry Admits His Tax Plan Slams Low-Income People And Lets The Wealthy Pay Nothing

Perry Admits His Tax Plan Slams Low-Income People And Lets The Wealthy Pay Nothing: pTexas Gov. Rick Perry (R), in his quest to win the 2012 GOP presidential nomination, has released a so-called flat tax plan that would institute a 20 percent income tax rate on everyone (minus a few deductions), while completely eliminating all taxes on investment income. This, of course, would mean a huge tax increase for [...]/p