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Rick Perry said he was willing to bump tax plans with Herman Cain in Tuesday's debate and it looks like he's ready to debut his own idea soon: a flat tax.

Speaking at the Western Republican Leadership Conference on Wednesday, Perry said his plan "starts with scrapping the three million words of the current tax code, starting over with something simpler: a flat tax."

While details are yet to be released, the idea of a flat tax -- a single tax rate that everyone pays regardless of income -- has floated around conservative circles for years. Perry himself toyed with it in his book, Fed Up! In most forms it's a regressive tax, since the current system requires the wealthy to pay higher income tax rates than middle and lower income Americans. There are ways to make it more progressive by adding tax breaks or other exemptions for lower incomes, but it's not clear yet whether Perry's plan will include them.

Perry has complained in the past about the "injustice" that 47% of American taxpayers pay no federal income tax, either because their incomes are too low or because they receive a variety of tax credits. A flat tax might provide a solution if it's applied across the board without exemptions or credits, but would amount to a significant tax increase for many middle and lower income Americans in such a scenario.

Discrimination and hatred against Muslim and Sikh-Americans continues to be a legacy of the September 11 attack, even ten years on, Deputy Attorney General James Cole said Wednesday.

"We must reject any suggestion that every Muslim is a terrorist or that every terrorist is a Muslim," Cole said. "As we have seen time and again -- from Oklahoma City to the recent attacks in Oslo, Norway -- no religion or ethnicity has a monopoly on terror."

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Senate Majority Leader Harry Reid (D-NV) is reminding Republicans attacking President Obama for traveling around the country promoting his jobs plan that the bus tour seems to be working -- polls show most Americans support the plan to get Americans back to work.

Ahead of Vice President Joe Biden's visit to Capitol Hill later Wednesday afternoon, Reid touted poll number after poll number showing strong bipartisan support for the entire jobs package -- and overwhelming support for the break-out component introduced in the Senate Monday aimed at putting 400,000 teachers, police officers and first-responders back to work.

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Mitt Romney’s campaign is out with a new web video going after Rick Perry, claiming the Texas Republican is not “ready to lead.” Watch the video:

The Washington Post reports that President Obama brought in more money from financial sector employees than the all the other GOP candidates combined.

Obama even out-raised his rivals at Bain Capital, the Boston-based firm founded by Republican frontrunner Mitt Romney. The president raised $76,600 from the firm while Romney managed to extract only $34,000 from his former employees.

Ohio is poised to repeal Republican Gov. John Kasich's signature legislative initiative, a law limiting the collective bargining rights of public sector employees.

A new poll from Public Policy Polling (D) ahead of an upcoming referendum shows that state voters are ready to scuttle the law, and if given the chance, they wouldn't have elected Kasich in the first place: the current Gov. loses in a re-do of the 2010 race against then-incumbent Dem Ted Strickland 54 - 40.

The buyer's remorse over Kasich is not new in Ohio. The Governor seemed to have rankled his state almost immediately by proposing SB 5, the union-busting bill. Polls from PPP and Quinnipiac University showed that voters were ready to repeal it as soon as it passed, and will now get the chance due to a referendum pushed by pro-union forces.

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CNN announced on Wednesday that its Republican presidential debate in Las Vegas last night drew 5.5 million viewers.

Rep. Tammy Baldwin (D-WI), the likely Democratic nominee in the Senate race to succeed retiring Dem Sen. Herb Kohl, has now been endorsed by former Wisconsin Sen. Russ Feingold, who was a major liberal voice in Washington until his defeat in 2010.

Feingold has previously endorsed Elizabeth Warren in the Massachusetts Senate race, supporting her through his Progressives United PAC.

Feingold was also eyed by many Wisconsin Dem voters and activists for either the Senate race, or as a candidate for governor in a potential recall election against Republican Gov. Scott Walker. However, he announced in August that he will not run for office in 2012. Baldwin announced her own Senate campaign two weeks later.

Baldwin's campaign sent their supporter list a message from Feingold, saying in part:

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Republican rhetoric against Islam could inspire people to commit acts of violence against Muslim-Americans, Arab American Institute Director James Zogby said Wednesday.

"We saw it play out in Murfreesboro, saw it play out over Park 51, saw it play out -- we're seeing it play out -- in the Republican presidential primary," Zogby said.

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