also federal civilian hiring salaries frozen. then he talks about entitlement reform; specifically, social security. setting up retirement account for younger workers. those are the bullet points quickly. we are starting the panel earlier to make room for center seat segment. steve hayes, weekly standard. a.b. stoddard, associate editor of the hill. syndicated columnist charles krauthammer. steve, thoughts on the plan and the roll back? very strong. i like it a lot. it has a lot of aspects to it. i like the 20% tax. there have been complaints that it s too complicated that phase in, opt in and opt out is going to make it complicated but that s nonsense. if you have the option for people to choose whether they want to pay the higher taxes who will choose whether they pie higher taxes. another criticism is it s tougher on the lower and the
as a home, there are things i m supposed to do. like, keep one of these over your head. well, i wasn t supposed to need flood insurance, but i have it. fred over here chose not to have it. me, i ve got a plan. fred he uh. fred what is your plan? do i look like i have a plan? not really. [ female announcer ] only flood insurance covers floods. for a free brochure, call the number on your screen.
that are all competitively priced. we have a plan for almost everyone, so you can find one that fits your needs and budget. with all medicare supplement plans, there are virtually no claim forms to fill out. plus you can keep your own doctor and hospital that accepts medicare. and best of all, these plans are. the only medicare supplement plans endorsed by aarp. when they told me these plans were endorsed by aarp. i had only one thing to say. sign me up. call the number on your screen now. and find out about an aarp medicare supplement insurance plan. you ll get this free information kit. and guide to understanding medicare, to help you choose the plan that s right for you. as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn t. and save up to thousands of dollars. call this toll-free number now.
capital gain, income. business and corporation and zero out of state tax. bret: so he is betting on big growth to make up difference in revenue. but you have to show me numbers. yes. there will be some, you get some extra revenue from the growth. if you start with $1.3 trillion deficit and cut all the five major category of taxes, you ve got to show me where the cuts will be. i m not sure he has done that. but you are eliminating loopholes, corporate loophole and the personal loophole and you balance the budget by 2020 built in the plan. you say you are, in if plan it s an amendment. but easy to say you will balance the budget. show me where spending cuts will be. bret: newt gingrich put up his own plans and say i ll bump plans with you, brother, in a tweet. he says his plan is better.
well, let me visit with you about herman s plan. this doesn t have a flat tax, value-added tax, it doesn t have a national sales tax. i mean, that is bickest difference right there biggest difference right there. americans do not trust washington, d.c. to have a new form of taxation. what they are looking for is simplicity. they are looking for something flat. they are looking for something that is fair. this plan addresses all of those. bret: texas governor rick perry in south carolina holding up a card to say you can file your tacks in the flat tax plan. you can have optional 20% or opt for the mortgage interest rate. lower corporate to 20%. phases out some of the other tax loophole and special interest tax breaks. a balanced budget amendment.