Ted Cruz telling it like it is.

Hillary Clinton 60%
Ted Cruz 37%
others 3%

Yes, please, by all means, run Ted Cruz for president, willya?

:thup:

Now, to the OP link:

“We’ve got to get back to defending our Constitutional liberties," Cruz said in a luncheon speech in Barrington, about 30 miles northeast of Manchester. "We’ve never seen a federal government come after the Bill of Rights like this administration."

Cruz coyly resisted calls from an audience eager for him to announce his candidacy, including the pleas of one supporter who opened his wallet and offered a blank check to the freshman Senator from Texas.

Instead Cruz sketched the outlines of a fledgling platform, calling for a flat tax so that every American can “fill out his or her taxes on a postcard.”


Well, at least he had one interesting idea. Not doable, but interesting.

So another flat taxer is in the GOP mix this time around? Is his plan like the one President Steve Forbes had, or the one President Herman Cain had?
 
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Hillary Clinton 60%
Ted Cruz 37%
others 3%

Yes, please, by all means, run Ted Cruz for president, willya?

:thup:

Now, to the OP link:

“We’ve got to get back to defending our Constitutional liberties," Cruz said in a luncheon speech in Barrington, about 30 miles northeast of Manchester. "We’ve never seen a federal government come after the Bill of Rights like this administration."

Cruz coyly resisted calls from an audience eager for him to announce his candidacy, including the pleas of one supporter who opened his wallet and offered a blank check to the freshman Senator from Texas.

Instead Cruz sketched the outlines of a fledgling platform, calling for a flat tax so that every American can “fill out his or her taxes on a postcard.”


Well, at least he had one interesting idea. Not doable, but interesting.
not doable?

Explain.

Simple....

assume flat tax of 10% on income.

Here is all you need...

Name: Joe Smith
Address: 1313 Mockingbird Lane
SS Number: 111-11-1111

W-2 income: 100,000
1099 income: 30,000
Total: 130,000 10% of total: 13,000

Amount Paid:...................................... 12,300

Amount Owed.................................... 700.00

Seems that can pretty much fit on a postcard, sparky.
10% won't cut it, 30 to 35% gets you close however.
No need for 30%....

As it is set up now, the average "well off" person pays about 18-22% in federal taxes after write offs and tax deferred write offs.

Raising that to about 25% flat tax would result in a dramatic increase in tax revenue.

The flat tax applies to lower income people too.

All you need to know about a flat tax is that if it replaces a progressive tax,

the wealthier benefit the most and the lower incomes benefit the least. In fact, depending where the flat tax is set,

there will probably be a middle to lower income area who will see their taxes raised.
 
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