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CNN’s Joe Johns: Is Rick Perry’s Flat Tax A ‘Hail Mary Pass’ To Save His Campaign?

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Following the conclusion of Rick Perry‘s much ballyhooed comeback speech in South Carolina on his flat tax plan, CNN’s Joe Johns questioned senior political correspondent David Gergen, in football terms, if his bold, new proposal could save the Texas Governor’s campaign. “When you listen to this politically, is this sort of a hail mary pass for the Perry campaign? You know, he’s dropped in the polls and has to get back in the game, does he not?”

Gergen thought characterizing the speech as a “hail mary pass” went too far but he definitely agreed that Perry was using his new tax policy as a vehicle to reenergize his campaign. “He has a new tough advisor with national experience who know how to bring a gun to a knife fight,” Gergen observed, calling his proposal a “radical plan and some would say breathtaking.” “It is one of the most dramatic proposals we have heard in a major presidential campaign in some years. It could revisitize his campaign and that is what he intends.”

Johns noted that Steve Forbes‘ endorsement of Perry brought the Texas Governor some necessary gravitas in unveiling his tax plan.

RELATED: Flat Tax Fever: Steve Forbes Endorses Rick Perry

Guest Roberton Williams of the Tax Policy Center called Perry’s new proposal “a win/win situation for the rich.”

Watch the analysis of Perry’s flat tax speech by Gergen and Williams below via CNN:

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  • ceeza

    Is there an extra “Is” in the title or Is I crazy..

  • http://pulse.yahoo.com/_W5AZ3VNMKW55Z6DR6LYYTLOVDA Dont Blameyourtools

    Is you is or is you ain’t my baby

  • http://www.facebook.com/people/Dronetek-Bulk-Vanderhuge/100000918732763 Dronetek Bulk Vanderhuge

    Why aren’t these guys or Mediate ever talking about Obama saving his presidency? They aren’t because they’re always running cover and diverting attention from the bad job he and Democrats have done. It’s all slight of hand games. 

  • ceeza

    aww you edited it too fast ..now people are gonna think i’m crazy .. aww well.. 

  • http://pulse.yahoo.com/_FSPIVAFYI672OH5NOKVRTEZA4U MadCharles

    The msm is busy trying to save his presidency not talk about it. .

  • Anonymous

    “Is Obama’s Playing on Everyone’s Fears A ‘Hail Mary Pass’ To Save His Campaign?”

  • Mel Karten

    Save the endangered millionaires. Please donate to the Perry Campaign: “Saving Millionaires, One Millionaire at a Time.”

  • Rufus Danegro

     Shut up Steven.

  • http://pulse.yahoo.com/_A4OJ2F7ADXSD7OMEUUEQDQDZ2Y Dustin Baker

    A conservatives idea is called a “hail-mail-pass” and a “win-win for the rich” by CNN.  There is your objective news that CNN is know for!

  • Anonymous

    Your 15 minutes were up yesterday, child.

    say bye bye!

    No one cares about you or anything you say!

    Chow!

  • Lizton

    Perry is a clown and has resorted to birther kookiness. That is the ‘hail mary pass’ to rally the hater low-information GOP base.

  • D L

    Try and see the argument this way, my friend:

    The millionaires aren’t in danger, but they’re not spending their money, either, right? What’s so wrong about letting people pay a 20% flat rate, or opt-out, completely?

    And at least it’s better than Cain’s 9-9-9 Plan. Not to mention, have people’s wages and overall economic standing gotten better since Obama’s been on the job? No, because everyone is suffering, and the rich aren’t investing anything, anymore.

  • Jamgrae

    First of all, the media continues to talk about the Obama presidency and the hurdles he must go through with over 9% unemployment.     But what the media should be covering (and in detail) is how the GOP and the presidential candidates continue to rail about tax breaks for the rich.     They continue to want to introduce flat tax proposals that only benefit one single group…the top 1%.   The republicans seem to have one single message; To increase the wealth of the rich, on the backs of the middle class.    Since 2010, people are really witnessing the so-called “jobs agenda” of the GOP, and here it is; Tax breaks for the rich….destroy unions..stricter abortion laws (which are already on the books)….strict and ridiculous voter registration laws (and I thought the idea was to get MORE people to vote, not LESS)…..turning medicare into a voucher program (they all voted for the Paul Ryan medicare-killing plan)…putting social security on the open market (GW Bushs’ only regret of not having accomplished)…..unexplainable attacks on Planned Parenthood….voting on Sharea Law (MY God)….but not a thing about the jobs situation.   In fact, I understand they want to BLOCK job creation for political reasons.    Meanwhile, while the GOP play their games, the country suffers more and more. 

  • Jamgrae

    No…the GOP presidential candidates are playing the fear game…and hoping like hell no one remembers how our economy fell in the first place.     GW Bush and his republican buddies went for tax breaks (unpaid for) for the top 1%.    Now, who ever heard of tax breaks given during a time of war?    But war we had….two unpaid for wars.    We occupied two countries and got pounded by their insurgents.     Yet, the GOP said, “WE have to stay for victory.”   The Obama policy for Lybia made the UN take the load off of us and brought down Khadaffi…not one US soldier killed..not one US flag burning in the streets.   Yet, the GOP have thanked everyone instead of the orchestrater of the policy.    He hunted down and finally got Bin Laden (ofcourse, the GOP want to thank Bush for his torture technics for getting Bin Laden, but refuse to say Bush had anything to do with this economy…they are very selective on their events in history.     Those are just some of Obama’s foreign policy accomplishments.    On the economy side, Obama saved the entire auto industry when the GOP were ready to throw in the towel.   His health care plan will stop insurance companies from yanking us out of coverage if we get too sick…even though the GOP want to repeal the plan and allow the insurance companies to have this power again.   Obama’s ONLY problem is the jobs situation which seems to be a real killer.   This Bush mess is the hardest thing to get out of since FDR got us out of the Depression (which took 10 years).

  • Anonymous

    It may be the only sane thing Perry has said. Some economists do support a pure flat tax with no exceptions as workable, and fair. That assumes that nobody pays any tax on the first (guessing) 30K in income, and puts the same flat tax on anything above that.
    It eliminates the difference between Capital Gains and regular income and don’t forget it eliminates the mortgage break and other things that people have gotten used to. Don’t forget, tax breaks are meant to encourage things, so there will be a lot of opposition by folks on the left and the right.
    Anyway, don’t be too quick to judge this one by who said it. Look at how it would affect you. You can do that by taking out last years tax return and doing a quick calculation.
    Most of all, don’t be a one issue voter. That’s why I won’t voter for Perry even if his particular tax plan is good. If it is that good, others will pick up on it and run with it, too.
    He can’t patent it. ;-)

    PS. You know who will oppose it the most? Tax accountants! That has got to be worth something.

  • Anonymous

    Depends on what the meaning of is is.
    Hat tip to Clinton. ;-)

  • S R Karenova

    I’ve lived in South Carolina my whole life. I’ve never heard of Gray Court the town he is in. Perry is certainly visiting very small towns in the state. He’s definitely looking for the teabaggers who would be harder to find in the urban areas.

  • Darladoon

    no, the hail mary pass was his dinner with donald trump

  • HawkCW4

    Funny guy.  Read two posts and here it comes,  the left telling us only they are educated.  How ridiculous can you people get.  Never mind trying to answer that, I see it in your posts daily.  Pretty ridiculous.  

  • Darladoon

    that’s fox new’s job

    go check out their home page

  • Anonymous

    To answer the central question,yes it is a hail mary pass.So is 9-9-9.these are people who won’t get the nomination though for now they are trying in part because they don’t want the money to stop coming in.

    We do need a massive tax overhaul but nobody right now has a real workable plan because as usual every plan around is partisan which means it leaves out something or another that has to be done or changed,Same deal as the deficit plans.

    We could do another super committee.We could have fun with that one.If they didn’t come up with a real functional fair plan nobody would have to pay anymore taxes.

    We’d be running on fumes within months.

  • Darladoon

    a flat tax would decimate the middle class even more AND guarantee
    that millionaires and billionaires would pay EVEN LESS…..blowing a massive
    hole in the deficit.

  • HawkCW4

    And so what do we call what Obama is doing right now?   He is out there trying to sell his jobs plan to people who know its all BS and will only hurt the US.  But now he is speaking to his voter base which he desperately needs and those come from the very bottom of the literacy chain.  They need his slavery projects as they live on welfare and handouts,  We even give them tax credits for not paying taxes. So what Obama is doing is what you call serious Hail Mary Passing, claiming he is using Ex order because the Republicans wont act on his plan.   Get this,  he blames the Republicans daily when his Liberal senators and congress critters daily prevent his plans from being passed.  He is a lier, a hypocrite and two faced beyond anyone I ever knew of.  so please dont come here talking about Hail Marys when your fearless leader is out of all other options and is leading the way on that process.  

  • Anonymous

    Reason 1millionand1 why no one watches CNN.  Canyou imagine CNN asking if Obama’s new mortage plan is a hail mary pass to save his campaign?

    OMG.  I just can’t believe that CNN has fallen so low, lower than MSNBC.  No integrity, no balance, no news…just spin, spin, and more sping (oh and muppets too).

    Unefinbelieveable.

  • http://www.twitter.com/thebeast890 (CAR)

    Because any independent news organization is ‘of course’ working 100% for the democratic party to perpetuate a massive lying scandal on the American people to keep them from seeing the truth.

    There is no news.

    1) Obama is trying everything he can to help the economy.

    2) Republicans are trying everything they can to keep Obama from imrpoving the economy.

    3) Neither Obama or Republicans are able to imrpove the economy because it is a worldwide problem and has to do with the lack of consumer demand and the profits lost during the recession.

    4) Only increased consumer demand for new products and new industries will improve the economy, which may take years.

    5) Everyone wants to reduce the deficit, until they have to reduce the deficit.

    6) There is a bigger chance of Obama cheating on Michelle then one of the current crop of Republican contenders ever becoming President.

    7) Big Banks will keep ripping you off if you keep using their services. So try a credit union instead.

    8) You cannot control the price of gass.  So get a hybrid and stop using so much gas.

  • HawkCW4

    I take it you dont listen to Obama or Bidens speeches.  Thats all they are now days,  fear fear fear because the mean ol Republicans wont buckle under and pass his BS plans.   Murders will go sky high says Biden,  Your daughters and wives are in desperate possibility of being raped and pregnant females who want to kill the baby will be left to die on the floor.   Even Hollywood cant write that kind of trash and expect it to be seen and believed..  You want a lesson in fear tactics just follow Obama and Biden around and listen to their BS.  And to try to be honest in your posting.  OR lose all credibility.

  • http://www.twitter.com/thebeast890 (CAR)

    As long as some Americans believe that by giving a millionaire more money they will themselves get a job, then Americans deserve the poor future that they will inherit from this decision.

  • http://www.twitter.com/thebeast890 (CAR)

    Why aren’t the rich spending their money? They are making up for what they lost during the recession.

    But eventually they will start to get greedy, and need to hire people to create more concentrated wealth for themselves.

  • http://www.twitter.com/thebeast890 (CAR)

    i actually like Rick’s hail mary passes.  I like that they are obvious.  At least he’s not ashamed and lying about it.

  • http://www.twitter.com/thebeast890 (CAR)

    which is the goal of course! Yeah!!

  • HawkCW4

    In the face of all the failed policies of Obama and the left you continue to claim support for more of the same BS.   Look, even my 4 year old granddau knows that when you are being stung by the ants you get the hell off the ant hill.   Obama fails at every stupid policy he throws out there and you want to continue to support those failures.  Not very smart no matter how you look at it.  He has no asweres for the economy.  He is only trying to get re-elected and to do that he has to convince as many not so bright people how mean the Republicans are.   He rails at the rich, and ONLY THE RICH can give us jobs back.  Obama cant, other than more stupid Gov jobs which just eats up more of your taxes and solves nothing.  The day he understands that ONLY the rich can create a meaningful job which pays wages that generates tax revenues Then maybe he will also understand that by threatening tax increases daily on those people, they will never begin to expand and or hire anyone.  They would be foolish to do so and they have money because they are NOT STUPID like Obama seems to be and they will hold on to it until the talk of taxes stops.  Tax revenues will continue to drop until he understands this simple principle, one that all Liberals hate but is the only real principle out there that will help jobs.

  • Rex the Wonder God

    “Is Rick Perry’s Flat Tax A ‘Hail Mary Pass’ To Save His Campaign?”

    Yes.

  • Rex the Wonder God

    I think I have the answer: because Obama is spending all his time trying to save the economy.

    And that is sooooooo boring.

  • Rex the Wonder God

    No. The msm, if it was in the least responsible and not dedicated to competing over viewer attention, should be covering the fact that the economy is in this crapper and the GOP is working full time to keep it there to prevent its possible recovery before the next election, thereby dramatically increasing the odds that it will not recover at all and instead lead to the collapse of this democratic republic.

  • Anonymous

    Don’t be sure until you actually look into it.

    I do strongly favor the current progressive tax system. (It is unfortunate that progressive in this case can be confused with progressive = liberal in the conservative mind.) So few people examine how the progressive tax system works because it takes a moment or two of actual thought. But, I can’t say I’m a thinking man if I just stick to my prejudice about it.

    Note: Some countries have tired a flat tax, apparently with mixed results. Until I found that out, I was flatly opposed to such a tax on the grounds that nobody else believed in it either. Therefore, a progressive tax system must be the way to go. 

    As for the flat tax destroying the middle class, that will be examined by highly educated folks whose job that is, so I will not rush to judgement. As I said, we should each look at our own taxes and see what difference it makes to us before jumping to conclusions. Of course that included looking for that “poverty cut-off” point that has to be in Perry’s plan as the essential start point. If he would not tax the first $50K at all, the middle class should be safe.

    Also, a flat tax of 15% sounds a lot better than 25%, and that one has been looked at and “approved” by economists who aren’t biased toward the left or the right. (I know that economists can be as biased as anyone else, and can “prove” their beliefs. They are like lawyers that way.)

  • Rex the Wonder God

    I largely agree, but not entirely. It is, after all, very hard to get the true facts out with all this winger noise floating about. Americans don’t so much “deserve” what’s being done to them, as they deserve to share much of the blame for allowing themselves to be distracted into failing to see what in fact is being done to them. Either way, the way you put or the way I do, by November 2012, if not already, America is done, and Americans are doomed to live in that awful place. 

  • Rex the Wonder God

    To (Car): I present Exhibit A to your argument: the tiny little addled world view of HawkCW4.

  • Rex the Wonder God

    “3) Neither Obama or Republicans are able to imrpove the economy because it is a worldwide problem and has to do with the lack of consumer demand and the profits lost during the recession.”

    This is the only part of your argument I don’t entirely agree with. Yes, it is mostly a worldwide problem, but the U.S. is actually in a unique position as the historically foundational currency since Bretton-Woods following WWII, and the U.S. is actually uniquely placed therefore to get itself out of this mess and thereby help much of the rest of the world get out of it. 

    To wit: Keynesian macroeconomic theory, which has been proven correct and so is under constant attack by the right (political conservatives, Republicans, etc.) says that this is the worst of all possible times to resort to austerity; that is: the demand balloon has deflated, so why would one ever think that FURTHER deflating it would somehow result in expanding it? If your tire is going flat, says the right, what you ought to do is take out a very sharp very strong knife and stab at it, repeatedly, so the rate of deflation continues to accelerate, presumably reaching a speed where it suddenly somehow spontaneously reverses direction and re-inflates.

  • Rex the Wonder God

    Your are wrong. For example, I care. And it’s not Chow, it’s Caio. But you didn’t know that, did you, because you are an idiot.

  • Rex the Wonder God

    Just to add that, Obamacare was not just a health care insurance reform bill but an economic insurance bill, because health care insurance costs are the single fastest growing consumer item in a time of general economic deflation. So, if you repeal the ACA, you take your foot off the only brake on that factor and thereby INCREASE the rate of deflation.

    You may well be right on the effect of the jobs situation, but I’m not sure, because we have so few actual comparisons. The usual comparisons are to temporary, smaller-scale economic downturns, and those all say the incumbent loses. But the CLOSEST comparisons are all found in the post 1929 collapse period we call the Great Depression (for now, at least; we are already in the Lesser Depression, the only one since then, all the others being “recessions”, and this one could be the Last Great or the Permanent Depression, or like World War II to World War I, the Great Depression II.), and examining those comparisons makes the forecast muddier. FDR won in 1932, which fits the pattern the GOP is banking on, but then he won again in 1936, despite the wide malaise and right wing noise that forced FDR to feel he had to give in to the GOP to some extent, and then he won again in 1940, before the U.S. entered the second World War, even after having adopted some GOP retrograde (ie anti-Keynes, deflationary austerity) policies. He won, some think, because people still liked his sense of optimism and hope in the face of depression and Depression. That is where Obama is currently headed, and where OWS is compelling him to head even further. 

    Now, you might be thinking: How did the GOP miss that? Well, they missed it in 1936 and 1940 also, so they clearly have a blind spot, or else there’s a hole in their theory. The hole in their theory in the 1930s was the rise of the labor movement. The hole in their theory now may be the rise of OWS, which explains why they are attacking it.

  • Rex the Wonder God

    This is so 1930s all over again. That is not what Obama and Biden are actually saying and you know it. Instead, you are projecting GOP talking points. The simple facts are without people working they have no money to buy things, and without firefighters there is no one to stop fires, and without cops there is no one to stop the rise in crime, and without teachers there is no one to stop our kids turning into adults like you – a truly frightening prospect.

  • Jason

    The only thing I got out of your incoherent babble is that you think we should feel sorry for Obama (LOL) and that you don’t think Sharia law is a bad thing.

    You Sir or Maddam, are either insane or stupid. Which is it?

  • Jason

    Good lord… That nonsense would be3 stupid coming from anyone, but you support Obama and every god damn stupid plan he comes up with. You’re not even smart enough to figure out when a politician is spewing pie in the sky tripe to get ignorant low class slobs like you to vote for him. You’re the epitome of a sheep.

  • Jason

    Good lord… That nonsense would be3 stupid coming from anyone, but you support Obama and every god damn stupid plan he comes up with. You’re not even smart enough to figure out when a politician is spewing pie in the sky tripe to get ignorant low class slobs like you to vote for him. You’re the epitome of a sheep.

  • D L

    I don’t believe that. If they were as greedy as you say they are, unemployment would be at 6%.

    The problem is Wall St. and government, but Obama throws the rich and the corporations under the umbrella, as well. That’s why people like Steve Wynn, for example, are starting to speak out more, because they don’t want to be lumped in with the Wall St. people, when they (the CEOs) did nothing to cause this economic mess. 

    Say what you want about fat cats and hedge fund managers, but the economic meltdown happened by no fault of corporations, and Obama wants everyone to believe that the way we get out of this mess is to tax our way to prosperity.

    I’d love to debate this further, if you don’t mind.

  • Anonymous

    Please find a new schtick. This one is pretty tired.

  • Anonymous

    So why are companies that hand out multimillion-dollar bonuses not creating jobs?

  • Anonymous

    Next con scheme revealed for the general public. Just must be f….king kiddin me!

    Two of the more important candidates in the GOP propose tax breaks for the rich labeling it a flat tax. Perry even being more absurd with the idea that you can chose between two systems and two different system exist at the same time. Hello? So while the middle class should stick to the old one since the new one puts them in a worse position, the rich should get the flat tax rate. Go figure.

  • Bob

    I see Perry has the endorsement of Steve Forbes the Extraterrestrial. Maybe that’s where his outer space looney birther stupidity is coming from.

  • Anonymous

    So says the Queen of Spin.

  • Michael T.

    Absolutely a ‘Hail Mary Pass’.

    And I would argue his pass was just intercepted by David Gergen. :}

  • Anonymous

    Sometimes the choice is the lesser of two evils. If the premise is that 99% of politicians are full of it, then who do we choose.

  • Anonymous

    Maybe it’s good to finally get flat tax out there for the general public so we can see that it isn’t quite as “fair” as some people make it out to be.

  • Tim Tebow

    The simple idea that the tax structure is the reason for the economy is another lie.

    It’s just another chance for Republicans to use the economic malaise to further undermine goverment.

    There have been and there will always be downturns in the economy: boom and bust are part of capitalism’s economic cycle. People buy stuff and then they stop buying stuff.

    The only thing that can prevent the sort of ‘irrational exuberance’ that is responsible forthe severity of this and other downturns is the regulatory role of the federal government.

    A flat tax will defund and, of course, destroy government, allowing the financial industry to resume its greedy and dangerous behaviour.

    We need a strong federal government to insure moderate economic growth.

    Letting Wall Street run the show has been a failure.

  • http://www.twitter.com/thebeast890 (CAR)

    Hey DL~ Good morning to you sir.

    Okay so who’s to blame for the economy?

    Scapegoat #1: Government created the temptation but Bankers and Stock Brokers ate the apple, shot God in the head, and tried to bury the body.

    Explained:
    You can say it was government because they put the temptation in front of mortgage traders that work in banks. the government for years under democratic and republican rule begged banks to give loans to the poor and lower middle class who didn’t have 40-50% of the total cost in savings. So instead of putting down 100-200K on a house, you put down 10% or less and paid it for 30 years. Sounds good, but bankers didn’t want to wait 30 years to get fully paid, even if they made more money with interest it just took too long. So they sold the mortgages to other people as investments (which should be illegal). The bubble came when they started lying to investors saying that it wasn’t a mortgage, but a top blue chip company that was flooding in profits like crazy.

    People bought them up (mortgage backed securities) thinking they were gold, when it was really just an old couple making 40K slowly paying off their old house.

    When the investors finally found out, they sold off their stock all at once and the banks (fat cats and hedge fund managers) lost a lot of money- billions (from defrauding their investors). So if not for the temptation to hide the fact that a mortgage takes forever to pay – the housing bubble would have never needed to happen. For years the Fed has been covering this up buy helping to buy more of these (mortgage backed securities) from the banks, simultaneously making it look like they were good stocks, which is why other investors followed them in buying some old man’s mortgage)

    Scapegoat #2: The Federal Reserve
    Ron Paul will tell you that when the Fed comes in to rescue someone, there is always a price. That price is called a bubble, making you appear healthy, when really you are not. The Big Banks complained about these mortgages they were forced to have to help people get into homes that took too long to pay back, so the Fed (a Big Bank) bought them, by the billions. It made it look like these stocks were healthy, so many other people followed. But when the Fed buys something, they have to eventually raise their interest rates. and when they did, peoples interest on credit doubled and tripled, immediately causing foreclosures. If you buy a home for 300,000 and have to pay interest on that – your mortgage can go from 1200 a month to 2400 or 3600 a month. People cannot afford that – so they foreclosed. Even celebrities foreclosed because who can afford triple their normal rent???

    Issue

    The problem

  • http://www.twitter.com/thebeast890 (CAR)

    Dammit! I just commented back to you and i lost the whole thing. Sorry – Good morning D L. okay, here’s the short version:

    The story of our failed economy

    Government begged banks to loan money > Banks complained it took too long to get paid from a 30 yr mortgage > The Fed (The Big Banks) bought those mortgages > Investors (Wall Street) copycated the Fed and bought them as well > Mortgage Security Traders (Wall Street) defrauded investors into thinking the Fed was buying fail safe blue chip stocks > The Fed raised interest rates to help cover their cost of buying the (big banks) mortgages > everyone’s interest shot up raising their mortgages to unaffordable levels (double/triple) > Millions of Foreclosures everywhere > housing stocks dropped to nothing > corporations who invested in these stocks lost billions > corporations fired everyone to make up for the loss

    who’s to blame: Wall Street financial institutions and employees that trade and manage mortgage backed securities, The Federal Reserve, The Big Banks (Chase, Citigroup, Wells Fargo, Bank of America, etc.), Irresponsible Corporations who heavily invest in stocks and take the losses out on their employees.

    okay – i believe this is a good start

  • http://www.twitter.com/thebeast890 (CAR)

    so your saying that the cuts Republicans are going for, regarding the national debt are gonig to decrease consumer demand? and if we want to increase demand we have to support the people with across the board stimulus or incentives like taxes that give them more money to work with? thus reinflating the tire with actual air?

  • http://www.twitter.com/thebeast890 (CAR)

    Yes, we vote these people into office to represent us, give them the most unattainable goals possible, then have the nerve to complain about their job performance. I think we should blame ourselves for hiring some of the wrong people or hiring the right people the wrong way.

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