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Study: Gingrich tax plan would worsen deficit

The tax plan by GOP presidential hopeful Newt Gingrich would provide big tax breaks to the rich and blow a huge hole in the federal budget deficit, according to an independent study released Monday.

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Deficit Panel Less Likely to Tackle Tax Code

Members of the congressional deficit-reduction committee are cooling to the idea of completing a comprehensive overhaul of the tax code by their November deadline, making it more likely the details of any major tax changes will be handled later by House and Senate tax committees, according to congressional aides from both parties.

Rick Perry's tax plan panned by conservatives and liberals alike

The reviews are coming in on Rick Perry’s flat tax plan—and even some conservatives are giving it a thumbs-down.

Republican Perry proposes flat tax, corporate tax cut

Republican Rick Perry outlined a broad economic proposal on Monday to let Americans pay a flat 20 percent income tax rate and allow corporations to bring profits home from abroad at a discount.

Senh: Rick Perry's tax plan is the 20/20 plan, I guess. We'll wait for the number crunchers to see who this plan benefits - the haves or the have-nots. With the lower tax rate, will the federal government lose money with this plan? UPDATE: Looks like the reviews are in, and it's not pretty. It's panned by both parties.

Rick Perry's flat tax plan is a political gamble

Texas Gov. Rick Perry's call for a flat income tax rate will tie his Republican presidential campaign to a contentious issue that excites many conservatives but has repeatedly failed to win the embrace of mainstream America....

Senh: As long as there's no loopholes for the rich and there's an exemption for the poor, I don't mind it. The rich do get a huge tax cut from this though, but they're probably getting it anyway from the current tax code with all of its exemptions and loopholes.

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Tax Plan Topics

Study: Gingrich tax plan would worsen deficit

Deficit Panel Less Likely to Tackle Tax Code

Rick Perry's tax plan panned by conservatives and liberals alike

Republican Perry proposes flat tax, corporate tax cut

Rick Perry's flat tax plan is a political gamble