"Imagine 4.9 million new jobs. Instead of Obama's income stagnation, imagine average wages rising 12.2 percent over the next decade. Capital investment rising 43.9 percent. And every income-level seeing double-digit increases in after-tax income. Imagine exports and manufacturing jobs booming. Our trade deficit falling as the tax bias against American made goods is eliminated. Imagine a 10 percent income tax, with every American filling out his or her taxes on a postcard or iPhone app. And abolishing the IRS as we know it." - Ted Cruz
Must be from the Ryan school of economics:
1.2%/yr wage increase? Guess that wouldn’t have the same ring to it as 12.2% (over a decade)
“Imagine a 10 percent income tax, with every American filling out”. Um, that’s those that HAVE ‘income’. What about those ‘under the table’, unemployed/retired, etc.? Do they NOT also use govt services they should be paying??
Define ‘as we know it’. Why not just ABOLISH? Ah, because someone must ‘verify’ the return still!
NO. MORE. SLAVE. TAX. Consumption only. ALL pay, NO IRS and, best of all, VOLUNTARY.