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i m ali velshi. welcome to your money. rick perry is proposing give you a tax choice. currently you can pay it under the cold or pay a 20% flat tax rate. the bottom line, most americans choose a 20%, and at the least this would amount to a tax cut for the wealthy. candy crowley is the chief political course it dent and anchor of state of the union on cnn. no one is sure what romney s proposal is, whether it s economically sound. after herman cain s success for getting attention for the 9-9-9 tax plan i can see why perry seized on the idea of a simple tax. i m not clear on whether they succeed or fail on the economic plans or how sexy or simple the plan sounds or whether it has nothing to do with that and who has the best chance to beat president obama. it s somewhere in between there, ali. there are certain things to say in this republican primary that would make him or her a non-starter, and that is i m going to raise your taxes. i will make big cuts in defense spendin
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explosions in kenya that killed 1 and wounded 20 others. the blasts come two days after the u.s. embassy in kenya warned it had credible information of an imminent terrorist attack. a bright moment in turkey. a young boy was among a handful of people found alive in the rubble after sunday s devastating earthquake but the country s disaster and emergency administration has just raised the death toll to 366. the defense is set to call more witnesses tuesday in the manslaughter trial of michael jackson s doctor, conrad murray. its first witness was another physician who said jackson asked him for intravenous sleep medication two months before he died. murray is accused of inadvert t inadvertently causing jackson s death. i m monita rajpal. world business today starts right now. good morning from cnn london i m charles hodson. this is world business today. our top stories on tuesday, october the 25th, bp profits jump in the third quarter. their ceo says the company has turn