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Ted Cruz on Corporations

 


Slash corporate tax rates to 15 percent

Cruz says he would slash corporate tax rates to 15 percent, and would end some programs like the Export-Import bank and federal subsidies for renewable fuels.

Cruz is a proponent of a simpler tax code (with no IRS). As part of that, he would end some current tax breaks and lower tax rates. In the case of corporations, he would lower their current maximum rate of 35 percent (with deductions) to 15 percent (with fewer or no deductions).

Source: PBS News Hour "2016 Candidate Stands" series , Mar 23, 2015

Get senseless obstacles from Washington out of the way

Senator Cruz promised to champion jobs and economic opportunity and get "senseless obstacles from Washington out of the way." He called for repealing President Barack Obama's Affordable Care Act and abolishing the Internal Revenue Service, joking he would enforce security on the nation's southern border by sending all 110,000 IRS employees there.
Source: Des Moines Register on 2015 Iowa Freedom Summit , Jan 24, 2015

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Page last updated: Aug 16, 2015