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Curtis Coleman on Tax Reform

 

 


Simple Flat Tax plan: 10% for all personal income tax

Americans are overtaxed. I support Ted Cruz's Simple Flat Tax plan. From Senator Cruz's website: "Under the Simple Flat Tax, the current seven rates of personal income tax will collapse into a single low rate of 10 percent. For a family of four, the first $36,000 will be tax-free. The Child Tax Credit will remain in place. The IRS will cease to exist as we know it, there will be zero targeting of individuals based on their faith or political beliefs, and there will be no way for thousands of agents to manipulate the system. For businesses, the corporate income tax will be eliminated. It will be replaced by a simple Business Flat Tax at a single 16 percent rate. The current payroll tax system will be abolished, while maintaining full funding for Social Security and Medicare."
Source: 2016 Arkansas Senate campaign website, CurtisColeman.com , Nov 11, 2015

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