Why do you Cruz haters refuse to acknowledge the fact the VAT would REPLACE, not SUPPLEMENT the current 39.8% corporate rate?
“Why do you Cruz haters refuse to acknowledge the fact the VAT would REPLACE, not SUPPLEMENT the current 39.8% corporate rate?”
I care about immigration, that’s it. But you and I both know that the single greatest source of graft and special interest lobbying is over the tax code. Congress will not give up that power, no matter how corrupting it is. What they WOULD do is add a VAT for a small reduction in income tax rates - and then we’d end up with both.
Things have not yet gotten bad enough for corruption in congress to be fixed. I seriously doubt Cruz is up to the task of tackling congressional corruption as I see him as a beneficiary of it, but that is just my personal opinion.