Cruz’s plan calls for a business VAT tax...naming it something else is just a ruse to get the hooples to swallow it.
Mostly his plan is just economic snake oil that allows him to rant about abolishing the IRS among other things...it has zero chance of ever being enacted and he knows it.
Being a government lawyer for most of his short career, Ted Cruz really doesn’t know much about business or the economy.
Looking at the big picture of everything that each candidate proposes, I look at the entire package. Are their proposals going to put us more in the hole or dig us out? Cruz and Rand’s tax plans seem to increase revenue and lower taxes for many. Ben Carson’s plan af 10% seems the most appealing, just not looked at the nuts and bolts in his plan yet. I think anything that takes the fangs out of the IRS and shinks government is where I stand. I think a flat tax with lower rates works.
I see Trump’s plans as increased taxes and growing government. He says he’s going to build a wall with a big revolving door and make Mexico pay for it. Empty words unless you’re sending troops in to collect. He also has stated many times he wants single payer healthcare and when called on it, he says government is going to cover everyone! More growing government. So I guess all those thousands of jobs he’s going to create will be government jobs. He also plans to increase ethanol subsidies with no way to pay for it. Pandering for votes.
Besides, Congress controls the purse strings. I don’t want anyone else to deal with the democrats. We can’t afford any further negotiations with their welfare programs.
“One of the key reasons the Tea Party movement was founded was out of frustration with this skyrocketing debt. Yet Republican presidential candidate Donald Trump’s proposed tax plan would increase the national debt by $10.1 trillion, according to scoring by the nonpartisan Tax Foundation. And that’s after taking into account the increased economic growth that Trump’s plan would generate. (Without such growth—and liberal scorekeepers would say the Tax Foundation’s model is overly generous in projecting growth—Trump’s tax plan would increase deficits by $12.0 trillion”