The flat tax is back.
Sens. Ted Cruz (R-Texas) and Rand Paul (R-Ky.) have both floated an across-the-board tax rate as they've launched their 2016 presidential bids.
Neither Cruz nor Paul has spelled out the exact details of their plan, but both senators clearly see the flat tax as a way to appeal to both free-market conservatives that advocate for broad-based tax cuts, and the Tea Party sympathizers concerned with government intrusion.
“Moving to a simple flat tax and just padlocking the IRS — I think that is a powerful populist issue,” Cruz said Friday on “The Adam Carolla Show.”
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4 comments:
I agree...flat tax or national sales tax and limit the IRS powers to bookkeeping
Any tax reform id for naught, if the 16th amendment is not repelled
Is flat tax the same as the fair tax? Sorry for not knowing but I will start to check it out myself.map
Good. Lets work on that instead of how much to spend & send to countries that hate us.
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