[conservativejoy]

This is an outstanding article well worth reading in its entirety.

[joshua c]

A couple things I don’t understand. Can the smart Freepers help me out?

Business income tax would raise $2.5 trillion per year?
Current corp income tax only raises about $300 or so billion now. Are there numbers to support the $2.5T?

Minor point: How is a tax based on net income a consumption tax?

[gattaca]

bump

[SgtHooper]

The first thing all political jagoffs must stop, is this 10-year timeline crap. What administration would be in power after 8 years. Publish the numbers on a yearly basis only. Also, no free rides for ANYONE.

All must pay a minimum tax simply for the privilege of living in this country and for the defense of living here. Say 2-3%.

[TBP]

But this can’t be. The media knows it’s impossible.

[Jim Robinson]

Go, Cruz, GO!! Cut, baby, cut!!

[Jim Robinson]

The balanced budget formula: Cut spending, cut regulations, cut taxes, cut government, grow the economy. Repeat.

Cut, baby, cut!

[Carry_Okie]

For the individual income tax under his tax reform, Cruz's plan provides for one flat rate of 10% on everything – wages, capital gains, dividends, personal business income, rent, interest, and all other forms of individual income.

How does Mr. Cruz plan to validate that data to keep people from cheating without an IRS?

[Impy]

Eliminating the payroll tax could be a huge electoral winner.