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How Ted Cruz Would Balance the Budget
American Spectator ^
| 11/12/2015
| Peter Ferrara
Posted on 11/12/2015 8:54:24 AM PST by conservativejoy
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To: conservativejoy
From the Article...
John Kasich is trying to use the Tax Foundation score of the Trump tax reform plan, which shows a revenue loss of over $10 trillion, to dismiss all the tax reform plans of all the other candidates. But that does not apply to the Cruz tax reform plan in particular.
Funny or as the young say LOL!
To: conservativejoy
This is an outstanding article well worth reading in its entirety. Funny, actually reading the article.... Good one...
To: conservativejoy
But this can’t be. The media knows it’s impossible.
23
posted on
11/12/2015 10:40:04 AM PST
by
TBP
(Obama lies, Granny dies.)
To: conservativejoy
Go, Cruz, GO!! Cut, baby, cut!!
24
posted on
11/12/2015 11:31:34 AM PST
by
Jim Robinson
(Resistance to tyrants is obedience to God!)
To: conservativejoy; onyx; JustAmy; trisham; DJ MacWoW; RedMDer; musicman; Lady Jag; TheOldLady; ...
The balanced budget formula: Cut spending, cut regulations, cut taxes, cut government, grow the economy. Repeat.
Cut, baby, cut!
25
posted on
11/12/2015 11:34:19 AM PST
by
Jim Robinson
(Resistance to tyrants is obedience to God!)
To: conservativejoy
For the individual income tax under his tax reform, Cruz's plan provides for one flat rate of 10% on everything ââ¬â 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?
26
posted on
11/12/2015 11:53:46 AM PST
by
Carry_Okie
(Dupes for Donald, Chumps for Trump)
To: Jim Robinson
root: minimal gubement interference
27
posted on
11/12/2015 11:55:02 AM PST
by
MeshugeMikey
("Never, Never, Never, Give Up," Winston Churchill ><> GO CRUZ!!!!)
To: Carry_Okie
There will still be review I’m sure, but it will not be even close to the massive, abusive agency it is now.
28
posted on
11/12/2015 11:59:12 AM PST
by
conservativejoy
(Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
To: Carry_Okie
Just read that Cruz said there would be some employees in the Treasury Dept. who would handle reportable expenses reviews for businesses.
29
posted on
11/12/2015 12:03:00 PM PST
by
conservativejoy
(Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
To: Jim Robinson
Thanks for the ping, Jim!
30
posted on
11/12/2015 12:09:01 PM PST
by
trisham
(Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
To: conservativejoy
Just read that Cruz said there would be some employees in the Treasury Dept. who would handle reportable expenses reviews for businesses. What about individuals? Isn't the existence of that enforcement function in another agency just as potentially abusive as the IRS? It is an opportunity to clean house, reorganize, downsize, and get rid of the Slave Party activists, but I don't want the idea oversold, as the letdown could backfire.
31
posted on
11/12/2015 12:10:54 PM PST
by
Carry_Okie
(Dupes for Donald, Chumps for Trump)
To: ex-snook
How are you going to respond to the claim that Democratic presidents are better at creating jobs than Republicans?
I would start by comparing Clinton 1992-94 with the rest of Clinton to show it was the Republican Congress (Gramm-Rudman, Welfare Reform).
I would also compare Bush the Younger's 2000-2006 (on/off Republican Congress) with 2006-2008 (firm Democrat control).
Finally I would ask if Mrs. Clinton would explicitly restore welfare reform to the state it was when her husband signed it, or if she's sticking with the Obama version. Either answer loses her votes.
32
posted on
11/12/2015 12:17:21 PM PST
by
Dr. Sivana
(There is no salvation in politics)
To: joshua c
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?The current corporate tax is levied only on the corporations income, that is, profits.
Ted Cruz's VAT is levied on total revenue minus equipment and services purchased from other business, but not subtracting labor costs.
The 16% is lower than the current corporate income tax rate but is applied to a much larger revenue base.
33
posted on
11/12/2015 12:29:56 PM PST
by
semimojo
To: Carry_Okie
The abolishing of the IRS is a secondary thing to me. The tax reform and budget cuts he has laid out are what I find substantive.
34
posted on
11/12/2015 12:30:40 PM PST
by
conservativejoy
(Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
To: conservativejoy
The abolishing of the IRS is a secondary thing to me. The tax reform and budget cuts he has laid out are what I find substantive. Agreed, but to me, grandstanding about it looks like more political posturing than substance.
35
posted on
11/12/2015 1:50:29 PM PST
by
Carry_Okie
(Dupes for Donald, Chumps for Trump)
To: Carry_Okie
Voters have been asking for specificity and Cruz is giving it to them.
36
posted on
11/12/2015 2:10:31 PM PST
by
conservativejoy
(Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
To: conservativejoy
Eliminating the payroll tax could be a huge electoral winner.
37
posted on
11/12/2015 5:57:29 PM PST
by
Impy
(They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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