Club for Growth Praises Perry’s Flat Tax Proposal

Club for Growth President Chris Chocola: “Rick Perry’s plan for tax reform would be massively pro-growth.”

Washington, DC – The Club for Growth issued the following statement today on Rick Perry’s proposal to create an optional Flat Income Tax rate of 20%:

“Rick Perry’s plan for tax reform would be massively pro-growth,” said Club for Growth President Chris Chocola. “A Flat Tax like the one proposed by Perry would unleash years of economic growth if it is passed into law. Furthermore, eliminating the tax on dividends and capital gains would immediately add trillions of dollars in new wealth to the economy, benefiting all Americans. Perry clearly understands that revitalizing  the economy should start with a complete overhaul of a tax code that has nearly choked economic growth to death. Conservatives looking for a champion to carry the banner of a pro-growth tax reform will surely rally behind this bold proposal.”

“I continue to be disappointed that Governor Romney has yet to embrace a flat or fair tax,” added Club for Growth President Chris Chocola. “He would be wise to avoid using class warfare when comparing his current proposals to those of Governor Perry or Herman Cain. The Club for Growth is looking for bold leadership on tax reform from the Republican nominee – not demagoguery or platitudes.”  

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education. 

The Club’s website can be found at http://www.clubforgrowth.org/