Posted on 01/04/2016 3:20:59 PM PST by DoodleDawg
Republican presidential candidate Ben Carson on Monday called for imposing a 14.9% flat tax rate on income, ending taxes on capital gains and dividends and abolishing the charitable deduction and all tax credits.
Mr. Carson’s plan would lower taxes on the wealthiest households, who get much of their income from investments that would go untaxed and from business income now taxed at a top rate of 39.6%. Complete estimates on the distribution of the tax burden and the revenue effect of Mr. Carson’s plan weren’t available on Monday.
(Excerpt) Read more at blogs.wsj.com ...
about two months ago? MAYBE a little.
Abolish mortgage interest deductions?
Just shoot yourself; it’s less painful.
Sound good to me but why not 15%.
14.9% seems overly fussy.
Well when a central proposal of your campaign is raising taxes on the large majority of the people in the country what difference does it make if it’s 14.9% or 15%?
It's a good idea, but Carson hasn't a chance of a snowball in Hades to be the nominee.
Carson has not looked at the monitor in a while. His campaign flat lined a month ago.
I pay 10% now....No thanks Ben...
like watching a bad trade head south but you hold out hope as you lose more and more money.
Thanks DoodleDawg.
Poll FReep: If the election were held today, who would be your first choice for President of the United States?
Flat earth, flat tax.
Both bad ideas.
Much rather have lower flat tax without them. I use them, so I suppose that is hypocrisy, but I also pay a pretty high rate.
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