Flat tax to be proposed by Rick Perry. Does a flat tax make sense?

Flat tax: Texas governor and Republican presidential candidate Rick Perry announced Wednesday that he would propose a flat tax as part of an overhaul of the country's tax code. By Steve Holland, Reuters / October 20, 2011 Republican presidential

Gov. Rick Perry of Texas says he will outline his plan for a flat tax in a coming speech.

Flat tax: Texas governor and Republican presidential candidate Rick Perry announced Wednesday that he would propose a flat tax as part of an overhaul of the country's tax code. By Steve Holland, Reuters / October 20, 2011 Republican presidential

Gov. Rick Perry of Texas says he will outline his plan for a flat tax in a coming speech.

During a speech at the Western Republican Leadership Conference, Rick Perry on Wednesday said he'll introduce a plan next week to replace the current tax code with a federal flat tax, "simple" enough for Treasury Secretary Timothy Geithner to


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