Rick Perry gave a preview of his new flat-rate tax plan in the Wall Street Journal.

From skimming it, I read it:

-Cuts Corporate Tax rate to 20% (Bad, should eliminate it)

-Flat tax rate of 20% of their current income

-Repeal ObamaCare, Dodd-Frank and Section 404 of Sarbanes-Oxley

-Capping federal spending at 18% of GDP

Read it all here.