What Rand Paul's Tax Plan Would Do For You
Senator Paul has put forward a dynamic and exciting outline for tax reform. His plan would replace all current tax brackets with one flat rate of 14.5 percent. A single low income tax rate would be a great incentive to save, work, and invest for all Americans.
Tune in to hear more about Rand Paul’s tax plan, how it would help America’s economy and what his plan would do for America.
More from Americans for Tax Reform
Any % is too high if it is imposed on wages and salaries. Taxing income, which is made with no effort on your part is one thing. Money you work for to eat and put a roof over your head is another. Wage and salary taxes are anathema in a free society that allegedly believes in the right to property, or any other inalienable right for that matter.
I presume the 14.5% was to remain 'revenue neutral.' Congress spends too much as it is. There is no reason to remain 'revenue neutral.' The point isn't just to collect taxes from a different source or make them 'fair.' The point is we are taxed TOO MUCH. No serious tax reform can be brought up without discussing REAL and TRUE spending reform side by side as part of the same package.
Just like every other "tax plan" that is floated around D.C. it will die a slow and quiet death. There is too much money and power at stake to change the current tax system one iota. There is no one with the political courage to even stand up and be counted as supporting a tax policy change...end of story.
Just ask Neal Boortz and Congressman John Linder what happens when tax reform ideas are brought "to the table"; even when the research is all done with private funds and all that needs to be done by the political heroes is to bring it up for a legitimate vote. Fair Tax, anyone?