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You are a poor 80 year old widow living on some $897 a month social security. She doesn't pay tax on that. But now Cruz comes along and says I also won't charge income tax. I will charge a VAT. She is now 20% worse off than she was.

Who does Cruz's 10% Tax plus a VAT help - well most of us will actually pay more tax. It helps the super-wealthy. Of course. They are Ted's paymaster.

But now Cruz comes along and says I also won't charge income tax. I will charge a VAT. She is now 20% worse off than she was.

The tax on businesses, which is effectively a VAT, is offset by the elimination of the payroll tax. For some businesses this will be a wash, for others a boon, and for others, a cost that will be passed on to their customers.

The analysis from the Tax Foundation shows the overall effect to be a boon to the economy:

According to the Tax Foundation's Taxes and Growth Model, the plan would significantly reduce marginal tax rates and the cost of capital, which would lead to a 13.9 percent higher GDP over the long term, provided that the tax cut could be appropriately financed.
The plan would also lead to a 43.9 percent larger capital stock, 12.2 percent higher wages, and 4.8 million more full-time equivalent jobs.
On a static basis, the plan would cut taxes by 9.2 percent, on average, for all taxpayers.
Accounting for economic growth, all taxpayers would see an increase in after-tax income of at least 14 percent at the end of the decade.

But but but, it’s from Cruz, so it must be good!

I’m sick to death of his endless lawyer gibberish.

And sorry that Forbes believes Trump ‘stumbled’ onto something, for petes sake, the favorable rating for Congress has been below 10% for YEARS. How anyone could be ‘surprised’ at the amount of anger out here is just daft.