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News for Norther Colorado and the world

Wednesday, May 27, 2015

Perry’s Dubious Tax Promise

 

 

 

 

 

Perry’s Dubious Tax Promise

 

In his speech unveiling his proposed “flat tax” overhaul of the tax system, Rick Perry promised that “taxes will be cut across all income groups in America.” But a newly released analysis of his plan by the nonpartisan Tax Policy Center concluded that many lower-income persons and families would see their taxes go up.

In his Oct. 25 “Cut, Balance, Grow” speech, Perry said a beefed up standard deduction assured lower- and middle-class residents would see a tax break. READ MORE 

 

 

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