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To: Will88

I agree. As long as businesses are in business, there will be a tax agency scrutinizing every number on every line.

Individual taxes can only be reduced to a postcard if there are no life events - buying/selling a home; investments; etc.

Cruz has never lived in the real world. We’re not sure who his Dad paid taxes to but Cruz probably didn’t learn much about meeting April 15 deadlines.


28 posted on 03/04/2016 3:36:05 PM PST by blueplum
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To: blueplum
Individual taxes can only be reduced to a postcard if there are no life events - buying/selling a home; investments; etc.

And much worse than that is the 16% "corporate" tax which will apply to any self employment. The supposedly low flat tax is only 10% for wages from employment. If you are self employed that number becomes 16% of your gross sales plus 10% of your net income.

Cruz's plan raises taxes on many small businesses and sole proprietors, while probably leaving the rich paying only 10%.

109 posted on 03/04/2016 5:53:12 PM PST by freeandfreezing
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