Republican Newt Gingrich, who has positioned himself as the idea guy in this presidential campaign, will today call for Americans to have new choices in how they buy health insurance, pay their income taxes and save for retirement.
In his “21st Century Contract with America” that he shared with The Des Moines Register and will officially release today in Iowa, Gingrich says people should to be able to choose either a tax credit or the ability to deduct the value of their health insurance up to a certain amount.
He wants two systems for income taxes: People can stick with the current one or use an optional flat tax rate.
*Full document: Read the complete text of Newt Gingrich’s “21st Century Contract with America”
Seniors could choose to remain in the existing Medicare program. Or they could select their own health insurance provider and get government help covering the premiums.