Rick Perry gave a major speech in South Carolina on Tuesday, laying out his "Cut, Balance and Grow" economic plan -- the centerpiece of which is a tax reform proposal that would give people the choice of filing their taxes under the current code, or a 20% flat tax.
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"It neither reshuffles the status quo, nor does it expand the ways that Washington can reach into your pocketbooks," said Perry -- in an apparent swipe at both Mitt Romney's relatively modest tax proposals, and Herman Cain's "9-9-9" plan and its national sales tax. "It re-orders the way they do business in Washington, by reinventing the tax code and restoring our nation to fiscal health through balanced budgets and entitlement reform."
Perry showed a huge stack of many reams of paper, comparing it with a simple postcard in his hand.
"The size of the current code is more than 72,000 pages. that's represented by this pallet, over here, and the reams of paper. That's what the current code looks like. The best representation of my plan is this postcard. That's what we're talking about right here. Taxpayers will be able to fill out their taxes, and file their taxes, on that."