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Old 10-24-2011, 08:37 PM
 
Location: High Cotton
6,131 posts, read 6,247,153 times
Reputation: 3657

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Optional 20% Flat Tax - No Tax On SS Benefits, Capital Gains or Dividends & Eliminate Estate/Death Tax

“The Perry plan starts with giving Americans a choice between a new, flat tax rate of 20% or their current income tax rate. The Perry plan would also eliminate the estate tax, commonly referred to by Republicans as the “death tax.” Perry also plans to eliminate taxes on long-term capital gains and qualified dividends, as well as taxes on Social Security benefits.
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