Texas Governor and presidential candidate Rick Perry has endorsed both the concept of a flat income tax and the so-called “Fair Tax,” which is a national sales tax. Estimates from the Institute on Taxation and Economic Policy (ITEP) show that both of these proposals would result in substantial tax increases for the poor and middle-class and significant tax cuts for the rich.
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Texas Governor and presidential candidate Rick Perry has endorsed both the concept of a flat income tax and the so-called “Fair Tax,” which is a national sales tax. Estimates from the Institute on Taxation and Economic Policy (ITEP) show that both of these proposals would result in substantial tax increases for the poor and middle-class and significant tax cuts for the rich.
Texas Governor and presidential candidate Rick Perry has endorsed both the concept of a flat income tax and the so-called “Fair Tax,” which is a national sales tax. Estimates from the Institute on Taxation and Economic Policy (ITEP) show that both of these proposals would result in substantial tax increases for the poor and middle-class and significant tax cuts for the rich.
