Not sure everyone would agree with you...especially seniors.
Ted Cruz Wants to Raise Taxes on Your Grandma
“The downside to this is that his plan is both very regressiveâshifting the burden of paying for the federal government onto the middle and lower classes during a time when only wealthy Americans are seeing economic gainsâand that it places particular pressure on older Americans living off of social security.”
http://fortune.com/2016/02/02/ted-cruz-taxes/
Don’t forget seniors, and everyone else, would get $25,000 a year of tax deferred savings and investments.
They’d also get a maximum tax rate of 10% on interest, dividends, and capital gains.
And Cruz’s business tax/VAT rate is 16%. That’s less than half the current 39% corporate tax rate that is already baked into the cake of everything every senior buys.