Perry Commits to Flat Tax, Reforming Entitlements

Published October 19, 2011 4:46pm ET



Las Vegas

In a brief speech this morning at the Western Republican Conference, Texas governor Rick Perry announced that in six days he would reveal an “economic pro-growth package that will create growth” and encourage investment in America. The plan will involve major tax reform, entitlement reform, a balanced budget amendment to the Constitution, an abolishment of earmarks, and a recommitment to energy exploration in the United States.

“Our long term growth requires a fundamental tax reform,” Perry said. Therefore, his plan “starts with scrapping the three million words of the current tax code—starting over with something simple: a flat tax.”

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