like a crime or a fraud or anything like that. this man s an honest man. he s been an honest man all his life. i think it s the feeling that this will give them the opportunity to divert this campaign if they give them too much material. you mentioned the parry and thrust and vice president biden raising a lot of eyebrows with his quote. he said there was no racial implication. you ve been tough on vice president biden. you said he doesn t have the mental capacity, should he become president that he s not too bright. what s the impact of something like this this week? well, i was astounded by his remarks. when i first heard it, i didn t see i didn t see the the tape. i just heard it. and i was really startled by it. this is a dumb remark. and that s why i said he s not so bright, and you wonder. it wasn t just that comment. joe is joe was on jay leno. he s not a vice president. he s a joke. you never know what he s going to say. in one week he thought he was in the wrong stat
hello, everyone. i m erin burnett. outfront tonight, a flat tax from presidential candidate, rick perry. it is time to pass a tax that is flat and fair and frees our employers and out people to invest and grow and prosper. he calls it flat. but the bottom line is it isn t really. the right word is sort of lumpy. here s why. a true flat tax would mean all americans start paying a flat tax of 20%. that s perry s rate on their income with no deductions. that s not how this works though. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different rates. there are six federal income tax rates now. perry s new plan, because we don t have a 20, will make it seven. that s lumpy. a poor flat tax doesn t allow for deductions, capital dividends, state and local taxes. we re joking a little. we all want bold ideas, and politically, you can t wake up and throw out and old system and go to a
employers and out people to invest and grow and prosper. he calls it flat. but the bottom line is it isn t really. the right word is sort of lumpy. here s why. a true flat tax would mean all americans start paying a flat tax of 20%. that s perry s rate on their income with no deductions. that s not how this works though. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different rates. there are six federal income tax rates now. perry s new plan, because we don t have a 20, will make it seven. that s lumpy. a poor flat tax doesn t allow for deductions, capital dividends, state and local taxes. we re joking a little. we all want bold ideas, and politically, you can t wake up and throw out and old system and go to a truly flat tax if you wanted one overnight. to tell you the truth, there is something appealing about this. the best representation in my plan is this postcard. this is
outfront tonight, a flat tax from presidential candidate, rick perry. it is time to pass a tax that is flat and fair and frees our employers and people to invested and grow and prosper. he calls it flat. bottom line is it isn t really. the right word is sort of lumpy. here s why. a true flat tax means all americans start paying a flat tax of 20%. that s perry s rate on their income with no deductions. that s not how this works. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different rates. there are six federal income tax rates right now. perry s new plan because we don t have a 20 will make it seven. that s lumpy. a poor flat tax doesn t allow for deductions. capital dividends, state and local taxes. we re joking a little. we all want bold ideas and politically you can t wake up and throw out and old system and go to a truly flat tax if you wanted one overnight. to tell you t