News for Norther Colorado and the world

Thursday, March 28, 2024

Posts Tagged ‘revenue reduction’

Perry’s Dubious Tax Promise

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 ... Full Story