Bhairitu, IMO, Rand Paul is trying to attract votes by proposing and promising a tax reduction. But I don't believe he can pass his proposal through Congress, if he were elected president. He would have to raise other important issues and solutions that would convince the voters he's worthy of being the next president.
In the past, Walter Mondale proposed a tax increase if elected. That idea basically ended his quest for the presidency. So, it's obvious that no aspiring candidate would propose this losing proposal in this coming election and in the future. ---In [email protected], <noozguru@...> wrote : That 14.5% figure is interesting because Donald Trump the last time he ran for President proposed a one-time 14.5% tax on all folks with an estate of $10M or more. He thought that would help reduce the deficit. Hence he was not to popular with Republicans. Flat taxes have often been proposed because our current tax system has been corrupted by special interests. It is no long a fair system nor can it even be interpreted properly even by IRS agents. The $50,000 exclusion for a family of four would help the proposal gain more traction as 14.5% for anyone with that low of income is quite a chunk. Paul is more a populist than a Republican or even Libertarian. Same can be said for Bernie Sanders who is showing great popularity with the millennials. It will be interesting to see what Sanders comes up with for a tax proposal as I'm sure too he feels the IRS codes corrupt. On 06/19/2015 01:03 AM, jr_esq@... mailto:jr_esq@... [FairfieldLife] wrote: It appears that there's a hidden agenda behind his proposal. The sugar coating is that taxes are reduced for everybody. But the hammer is that the government expenses will have to be reduced to fit the new tax income received. What do you think? Presidential candidate Rand Paul plans to 'blow up' tax code Presidential candidate Rand Paul plans to 'blow up&#... WASHINGTON (AP) — Republican presidential candidate Rand Paul called Thursday for a "fair and flat tax" that would "blow up" the nation's ta... View on news.yahoo.com Preview by Yahoo
