Bump to send to others.
I agree with simplifying the tax code and lowering rates.
I am not certain what to do with the statement on his website that taxes on profits earned abroad will be eliminated. This seems to me incentive to do business elsewhere, not an incentive to bring business home. Expect this to become an issue for debate/discussion. Ted’s team may have inadvertently left a door open they didn’t intend to, but then again maybe it’d completely intentional and the explanation is forthcoming.
Also modernizing EITC isn’t eliminating. EITC is backdoor welfare.
This is now the second proposal that touts a return so simple it can be filed on a postcard.
Finally, management is the issue with IRS targeting, not the tax code. The Lerner lesson highlights necessary reforms, but in the end the laws were not the problem, the people interpreting and enforcing them were the issue.
Good, better than most, but I still see room for improvement from all candidates on this issue.
Go Cruz! I would love a flat tax.
People would be upset about losing the mortgage interest deduction, but we should not be rewarding and encouraging debt. Been there and done that and crashed the housing market.
Someone has to go after the universities for charging so much tuition and fees. What does Marxist social studies have to do with getting a job in America? There should be no student loans for nonsense courses that do not lead to real job creation and filling. Students who want to learn to be racists and sexists and gaze at their belly buttons, can do it on their own dime and not on government loan debt.