Rick Perry, when asked a question regarding his tax proposals and how they would increase income disparity, Perry stated that he "don't care about that."Bonnie Kavoussi wrote the following for The Huffingotn Post:
Republican presidential candidate Rick Perry says he wants a huge tax break for the rich, and he doesn't care what it means for income inequality.Rick Perry does not care if his tax plan (which he touts as fair) would unfairly increase the tax burden on the poor and middle-class while giving huge breaks for the rich. He doesn't care at all. You see, Perry and the GOP bunch have been claiming tax cuts for the rich as a means of job creation, but the problem is that under their proposals, even if there are created jobs, those individuals will now pay a greater tax then they would have before.
Rick Perry announced on Tuesday that if elected president he would slash the corporate tax rate to 20 percent from 35 and give everyone the option of paying a flat income tax rate of 20 percent.
He also would try to encourage U.S. companies who have stored $1.4 trillion overseas to move their profits back to the United States by allowing them to pay 5.25 percent in taxes at first, according to Reuters.
The plan, if enacted, would dramatically reduce the tax burdens of the wealthiest people in the United States, saving millions of dollars for some, while raising taxes for poor and middle-class people who opt into the plan.
"I don't care about that," Perry said of the increased economic inequality that would result from the tax plan in an interview with The New York Times. "If that's what comes, I'll take that criticism."
Perry wants to cut the pay of millions of average Americans because in his eyes they don't create jobs. He would rather redistribute that wealth into the hands of the few so that the rest of the population can hope they do something productive with that money, and if they don't, Perry is fine with that too because that is their right.
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