Tuesday, June 23, 2015

Rand Paul Gets Flat and Fair

Overnight, Rand Paul changed the dynamics of the Republican presidential race when he released his "Fair and Flat" tax plan on Thursday. As he said when he unveiled the plan on video, this is the boldest rewrite of the income tax system in 100 years. Even Ronald Reagan -- who dramatically improved the federal tax system -- didn't perform such a sweeping clean-up of the tax code.
For full disclosure, I spent the last several months helping design this plan with Sen. Paul -- so I'm biased. But there is no doubt that this plan, which reduces income tax rates from as high as 40 percent and business taxes from 35 percent down to a flat 14.5 percent rate, can only be described as explosively pro-growth and pro-jobs.

Read more at Townhall.com

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