RE: It apparently wasn’t able to generate enough revenue when oil prices went down the tubes.
And a progressive tax system like we have with their own version of the IRS will generate enough revenue when oil prices come down?
Let’s ask ourselves — where will the Russian billionaires and millionaires go if they had this type of tax code? They’ll stay in Russia because they love their country so much? /s
I have no idea, given that it's Russia. All I'm saying is that before we consider a similar tax plan for the U.S. spending has to be cut. Extensively. Otherwise the deficit will soar out of sight. So my suggestion to a President Cruz would be to get spending under control first, so we know the revenue requirements, and then implement the tax reform.