Perry and Cain, both contenders in the race to be the next Republican candidate for president, are proposing massive overhauls of the current progressive income-tax

We’ve been glued to the news for the past few years trying to figure out what Congress is going to do next with the Estate Tax. More uncertainty has been the answer. Currently, we are living under an estate tax approach that is due to die on December 31, 2012. What follows is anybody’s guess. Now though, all eyes are on the upcoming presidential election. Accordingly, it is the new crop of candidates we’re watching, and there’s quite a fight brewing.   Both Herman Cain and Rick Perry have come out with massive tax overhaul plans leaving many to wonder…

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