In episode 40 of the Grover Norquist Show, president of Americans for Tax Reform Grover Norquist discusses presidential candidate and Ohio governor John Kasich’s tax and budget reform plan.
Gov. Kasich lowers the personal income tax rate to Reagan era rates, simplifying eight brackets to three and lowering the top rate to 28 percent. He brings down capital gains and dividend tax rates to 15 percent. He fully eliminates the death tax and allows for full business expensing, both of which has become standard components of the Republican tax plans. Lastly, Kasich brings down the corporate rates to allow us to become more competitive with foreign countries.
Most notably Gov. Kasich outlines a budget reform plan that gives power back to the states to decide how to run their entitlement programs. To find out more about Kasich’s proposed reforms, click here or listen to the podcast below.