[My tax plan] gives every American a simple, flat tax of 10%. Marco [Rubio’s] top tax rate is 35%. My tax plan enables you to fill out your taxes on a postcard so we can abolish the IRS. Marco leaves the IRS code in with all of the complexity. We need to break the Washington […]
The misguided valued-added tax seems like a magic money-making bullet to the nation’s deficit problems. The Tax Foundation estimates that Sen. Ted Cruz’s 16% VAT would net $25 trillion over the next decade. Sen. Rand Paul proposes a 14.5% “business activity tax” that would operate much like a European value-added tax, or VAT. But once […]
If Ted Cruz holds on to his slim lead in Iowa, he may be the first politician in ages in either party to win the Hawkeye presidential caucuses without supporting federal ethanol supports. Cruz has been under constant assault from the ethanol lobby to get behind the mandates that ethanol be blended into gasoline. The […]
Ted Cruz and Marco Rubio have been battling hard over immigration, each hoping to become the clear Republican presidential favorite once GOP voters awake from their Trumpian fever dream. Now a new front is emerging between the two candidates: Begun the tax wars have! Of course to Democrats, the idea of Republicans fighting over taxes […]
Several Republican candidates’ health care plans contain a large hidden employment tax that would slow down the nation’s economy. Our federal system of taxes and subsidies are known to discourage work by levying more taxes on (and paying fewer benefits to) workers than non-workers. The only important exception comes with the tax treatment of health […]